If you’re considering bankruptcy, there are things you need to know. The first thing you’ll need to decide is which bankruptcy to file. In a Chapter 7 Bankruptcy, you can discharge your unsecured debt. Secured debt may be sold by the trustee to pay off the debt. Keep in mind that you’ll be able to keep one car and one home. The trustee may sell … Read more
Filing Chapter 7 bankruptcy may be an option to consider if you are drowning in debt that you are unable to pay due to the loss of income or other financial issues. Not only will this filing reduce your monthly bills and free up much-needed income, but bankruptcy also stops harassing calls and letters from … Read more
Living with the inability to pay debt and your basic living expenses can be overwhelming, but millions of people are able to find relief through bankruptcy. During a chapter 13 filing, your attorney will work with creditors on your behalf to design a monthly repayment plan for these debts. While based on your current income … Read more
Will filing bankruptcy help with my student debt? How do I qualify for filing bankruptcy for my student loans? What are my options besides filing for bankruptcy? Student loans are hard to get rid of. However, about 40% of those that file will get at least a partial discharge. You may qualify if you demonstrate … Read more
Few things are as frightening as personal bankruptcy, but your bankruptcy lawyer in Plano, TX can help you understand your rights when your personal assets run out. One of the more devastating aspects of bankruptcy is the repossession of items that you have defaulted on. If a creditor has a lien on your vehicle, they … Read more
Every bankruptcy attorney knows that declaring bankruptcy is the last – not the first – resort for most people who have heavy debts that they can’t pay. A deep debt hole isn’t something people plan on getting into; often it happens because of a job loss, excessive medical bills or some other unforeseeable circumstance. Unfortunately, … Read more
As you begin to file for bankruptcy, the first thing you’ll do is contact a lawyer. Then you’ll need to make a list of all your debts as they appear on your credit file. Cut up your credit cards and decide which debts you want to hang onto. It is possible to hang onto your home and/or your vehicle after … Read more
Having to file for bankruptcy is difficult enough, let alone trying to find the best bankruptcy attorney for your situation. With all of your financial struggles, the last thing you’ll want to do is choose a lawyer that’s not right for you. It’s important to do a little research on the bankruptcy lawyers in your … Read more
There is no doubt that deciding on whether to declare Chapter 13 bankruptcy in Dallas, TX, is tough. This one decision can have a huge impact on your credit, self-confidence and reputation. Chapter 13 bankruptcy is also referred to as a wage earner’s plan. It gives individuals earning a regular income the opportunity to create … Read more
If you’re considering bankruptcy, there is a lot that you need to do. As daunting as the process might sound, you could make it somewhat easier from the start. Pull your free credit report, so you’ll have a better idea of all your creditors. There may be some doctor bills, or other items that you don’t know are on … Read more