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 [...]
Bankruptcy Attorney: How Chapter 13 Works Bankruptcy Attorney: A chapter 13 case begins by filing a petition with the bankruptcy court serving the area where the debtor has a domicile or residence. Unless the court orders otherwise, the debtor must also file with the court: (1) schedules of assets and liabilities; (2) a schedule of current [...]
Everything You Need to Know About a Chapter 7 Bankruptcy Reaffirming Debts Chapter 7 Bankruptcy | You can also be approached about “reaffirmation” of debts. This is an agreement between you and the creditor that you’ll pay off your debt and keep the property, such as a car. Time Limits Apply to Reaffirm Bankruptcy reforms changed [...]
Everything You Need to Know About a Chapter 7 Bankruptcy Chapter 7 bankruptcy is a process that gives a you a financial fresh start, reeing you from overwhelming debt burdens. Chapter 7, also called “liquidation” or “straight bankruptcy,” is what many people connect with a bankruptcy case. As a debtor, your assets are sold, creditors receive payment, and [...]
LARRY KING You can bounce back from bankruptcy. In the early- to mid-1970s, newspaper editor and radio personality Larry King had amassed $352,000 in debt after publicly being accused of grand larceny by a former business partner. He filed for bankruptcy in 1978, which, coincidentally, was the very same year he was offered his eponymous [...]