Bankruptcy Lawyer | What is a Trustee in Bankruptcy? Bankruptcy Lawyer . In practically every individual consumer bankruptcy case, regardless of whether it falls under Chapter 7 bankruptcy or Chapter 13 bankruptcy, there will be a bankruptcy trustee with various obligations and powers, depending on the case. The Bankruptcy Estate and Bankruptcy Trustee In order to [...]
Bankruptcy Lawyer | Is Bankruptcy a Good Idea For You? Bankruptcy Lawyer . Is Bankruptcy a Good Idea for You? There are many factors that should be taken into account when considering filing for bankruptcy. 1. Figure out what bankruptcy options you have. There are types of bankruptcy most commonly used by individual filers in the [...]
Bankruptcy Lawyer | How Chapter 13 Works Bankruptcy Lawyer . In Chapter 13 bankruptcy, you keep your property, but pay back all or a portion of your debts over a three to five-year period. This is unlike Chapter 7 bankruptcy, where most of your debts are cancelled but you may have to surrender some property to [...]
Bankruptcy Lawyer | When a Creditor Challenges Bankruptcy Lawyer . If a creditor challenges the dischargeability of one of your debts in bankruptcy, should you hire a lawyer to help you defend against the challenge? The answer depends on a number of factors, including: The reasons for the creditor's challenge The amount of the debt Your [...]
Bankruptcy Lawyer | What If My Lawyer Doesn't Return Calls? Bankruptcy Lawyer . No matter how busy your bankruptcy attorney may be, he or she should return your calls in a timely manner. Below, we discuss what you can do if your bankruptcy attorney doesn’t return your calls. Reasons Why Your Bankruptcy Attorney May Not [...]
Bankruptcy Lawyer | What Does a Bankruptcy Lawyer Do? Bankruptcy Lawyer . If you hire a bankruptcy lawyer, usually he or she will provide legal advice and handle your case from start to finish. Below, we discuss some of the most common types of services you can expect from your bankruptcy lawyer. What to Expect [...]
Bankruptcy Lawyer | A No-Asset Bankruptcy Bankruptcy Lawyer . The majority of Chapter 7 bankruptcies filed in the United States are no-asset cases. When a Chapter 7 bankruptcy is considered a no-asset case, it simply means that the debtor does not own any nonexempt assets that can be sold to pay creditors. Read on to [...]
Bankruptcy Lawyer | Chapter 7 Bankruptcy for Small Business Bankruptcy Lawyer . If you are a struggling small business owner, filing for Chapter 7 bankruptcy may help save your business or provide a simple way to liquidate it. A personal Chapter 7 bankruptcy can also help you get rid of your personal liability for company [...]
Bankruptcy Lawyer | What is Bankruptcy Discharge? Bankruptcy Lawyer . The bankruptcy discharge is a court order that prohibits a creditor from collecting on the debts you list in your bankruptcy case. In other words, when the court enters the discharge, you no longer have any personal responsibility for the debt. The creditor cannot call, send [...]
Bankruptcy Lawyer | Top 7 Student Debt Questions Bankruptcy Lawyer . Not only are more and more college students graduating with student loan debt, they are owing more and more each year. Rising tuition costs coupled with graduate school means you could be entering the workforce with tens or even hundreds of thousands of dollars in [...]