If you have lost a primary source of income or become overwhelmed by debts and basic living expenses, consulting bankruptcy attorneys can help. Filing bankruptcy can be challenging and confusing since most people do not understand the process. An attorney can help you decide if filing for bankruptcy is the right course of action and, … Read more
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
Should you file Chapter 7 or Chapter 13? Some people do not know the difference and it is important to make the right choice. There are certain factors you should consider: household income, the value of your assets and total debt on secured loans. Chapter 7 is a liquidation bankruptcy. It is a good choice if … Read more