Chapter 13 Bankruptcy – Pros and Cons Chapter 13 Bankruptcy | There's no question that deciding whether to declare bankruptcy is very difficult. It affects your future credit, your reputation and your self-image. It can also improve your short-term quality of life considerably, as the calls and letters stop. Here is a list of pros [...]
Bankruptcy Attorney | Signs Bankruptcy May Be in Your Future Bankruptcy Attorney | While most experts agree that the economy is recovering at a decent clip since the recession of 2009, the road to recovery has been a long and hard one for many individuals and families. You may have been forced to take on [...]
Chapter 7 Bankruptcy | How Long Does It Take? Overview of Chapter 7 bankruptcy A lot of people have asked, “What is Chapter 7 bankruptcy?” Chapter 7 refers to a type of bankruptcy, commonly known as “liquidation” bankruptcy where all of your debts will be discharged (with certain exceptions) and any unexempt assets will be [...]
Chapter 13 Bankruptcy | Debtor Allowed to Sue Loan Servicer Chapter 13 Bankruptcy | A bankruptcy court allowed Chapter 13 debtors to pursue an adversary claim against their loan servicer for unapproved fees. The debtors claimed that the loan servicer intentionally misapplied a lump sum payment intended to go towards their mortgage principal after the [...]
Bankruptcy Attorney | When to File for Bankruptcy? Bankruptcy Attorney | Bankruptcy offers the ability to reduce your debt load to a more manageable level, so that you can begin moving forward with your life. When you’re ready to stop letting your financial past control your future, you should meet with an attorney regarding bankruptcy [...]
Understanding a Chapter 7 Bankruptcy Chapter 7 Bankruptcy | If you’re struggling to meet your financial obligations, you might sometimes feel like you’ll never escape your debts, but instead keep sinking deeper and deeper due to interest and fees. In some cases, you may be able to reduce your debt load significantly and get a [...]
Bankruptcy Lawyer | Tips for Managing Debt Bankruptcy Lawyer | Are you facing an ever-growing debt burden? Don’t panic. So long as you have a dependable income, you can formulate a plan for paying off your debt using some of these 5 vital debt management tips. Make a Budget Obviously, there is no way you [...]
What to Expect from a Chapter 13 Bankruptcy If you feel like you’re drowning in debt, filing for Chapter 13 bankruptcy can serve as a sort of financial life preserver, consolidating your debts into a single reasonable monthly payment without interest, fees, or penalties for a period of 3 to 5 years so that you can stay [...]
Bankruptcy Attorney | How to Avoid Bankruptcy Bankruptcy Attorney | Although bankruptcy is a common experience for many Americans that does not mean it is something that should be entered into lightly or treated as a sort of get-out-of-jail-free card for debt. Completing a bankruptcy proceeding will have a significant impact on your future—especially on [...]
How Does Chapter 7 Bankruptcy Affect Lease Agreements If you are struggling with overwhelming debt from credit cards, medical bills, payday loans, utility bills, etc., Chapter 7 bankruptcy may be an excellent option. Using this type of bankruptcy, qualifying individuals can eliminate their unsecured debts (like credit cards) and choose whether to reaffirm or redeem [...]