Millions of people need to file Chapter 13 bankruptcy each year due to financial struggles, but a large percentage of these individuals do not have a full understanding of this legal process. If you are unable to pay your living expenses and debts, bankruptcy may be a viable option for you and your family. However, … Read more
If you’re considering bankruptcy, you might wonder what the difference is. Personal bankruptcy can be filed with a Chapter 7 or a Chapter 13. A Chapter 7 bankruptcy allows you to walk aways from all your debts. If you file a Chapter 13 bankruptcy, you’ll pay a portion of the debt over 3 to 5 years. If you’re at your wits … Read more
Buying a home is one of the largest investments you will ever make, so you may feel a great deal of anxiety and worry over losing your house while going through chapter 13 bankruptcy. Thankfully, this is the best case scenario when going through financial hardships, since it allows you to keep your home and … Read more
Whether you lost your job or accumulated an excessive amount of debt that you cannot pay back, meeting with a bankruptcy attorney may be a smart decision. Each person’s finances are different, so your attorney will need to look over various documents to determine if bankruptcy is a viable option for you and your needs. … Read more
As you’re preparing for bankruptcy, you probably already know that this is a serious decision that is going to affect your financial future. Your credit will take a hit for the next 7 to 10 years. While bankruptcy will eliminate debt and affect your credit outlook for a while, you do not typically have to … Read more
Meeting with a personal bankruptcy lawyer can be a frightening experience, but it is an imperative step to gain back control of your finances. In most cases, filing bankruptcy will be necessary after losing your income due to the economy or an expensive medical condition, but it does not have to be the end of … Read more
Millions of people struggle financially, but missing one or more payments does not mean you should visit a bankruptcy attorney. Most people are able to catch up after missing a payment or even two, but certain factors may require a consultation with an expert to discuss the possibility of filing bankruptcy. If you are dealing … Read more
If you’re considering bankruptcy, you might be wondering if there are certain financial steps you need to take before you actually file. There are some things that you’ll need to get in order and your attorney can go over everything you need to know. One thing that you can do before you file is to … Read more
Filing bankruptcy can be an overwhelming experience, but proper understanding and professional guidance can make the process of filing chapter 13 bankruptcy easier. If you are considering filing chapter 13, use this guide to help you go through the process in a financially savvy and successful manner. It’s Different from Chapter 7 Most consumers are … Read more
Whether you have lost your job or suffered enormous expenses due to a medical illness, visiting a bankruptcy attorney in McKinney TX can help. Filing bankruptcy may seem like the end of the world, but it is an effective way to get a grasp on your financial future. Fortunately, you can bounce back after filing … Read more