2020

  • The Importance Of Retaining A Skilled Chapter 7 Bankruptcy Attorney

    Debt can quickly overtake your life when you lose control of your finances. However, circumstances like getting sick or losing your job can cause you to lose your job or not earn enough money. You are then left with bills that you cannot pay. Instead of trying to manage these expenses and hope that your wages will not be garnished, you can file for a Chapter 7 bankruptcy. You can file this legal action by first hiring a bankruptcy attorney.
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  • 3 Ways To Create An Effective Debt Consolidation Plan

    If your debt level rises each month, you may have trouble paying your bills. At some point, you might need to seek help from a debt consolidation lawyer. A lawyer who offers this service can considerably help anyone that struggles with debt. If you hire a lawyer to create a debt consolidation plan for you, here are three ways it might help you get out of debt faster. 1. It Reduces the Amount You Pay Each Month
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  • 3 Things To Avoid Before Filing A Chapter 7 Bankruptcy Case

    Using the Chapter 7 branch of bankruptcy law can provide immense relief to people with large debt loads. If this is the branch you want to use, you must find out if you qualify. If so, you might need to follow the instructions of your attorney by doing specific things. You might also need to avoid doing certain things, and here are three things you should avoid before filing. Giving Away Money and Assets
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  • Chapter 7 Bankruptcy Relief For Businesses: Do You Qualify?

    If you cannot pay your business debts and are considering bankruptcy, you may be able to wipe your debt slate clean. The bankruptcy system is designed to help you regain your financial footing while recovering as much debt as is feasible for your debtors, but it does not want to kill your entrepreneurial spirit.  Bankruptcy courts make a distinction between business and consumer debt. If you acquired debt while building and operating a business, you may qualify to file under Chapter 7 of the bankruptcy law.
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  • 3 Things To Know About Filing For Bankruptcy Again

    No one plans on filing for bankruptcy more than once during their lifetime, but circumstances can change after the discharge of your bankruptcy, and another bankruptcy filing may be your only option for financial success. Since multiple bankruptcy filings are not common, the average person doesn't know much about the ins and outs of filing for bankruptcy a second time. Here are three important things to know when you are considering a second bankruptcy to help ease your financial burdens.
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  • Feeding Off Your Bankruptcy: What To Know About Priority Creditors

    When you declare Chapter 7 bankruptcy, anyone you owe money to is referred to as a creditor. These credit card companies, mortgage holders, auto loans, medical facilities, and utilities all hope to be paid something when you go through bankruptcy but few of them are ever paid a cent. Creditors are not all equal when it comes to Chapter 7 bankruptcy, so read on to find out more about the way the bankruptcy courts view creditors.
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  • Bankruptcy Fears and How to Overcome Them

    It's only natural to feel a bit of trepidation at the thought of declaring bankruptcy. It's a major legal action and should be taken seriously. Just don't let your fears about the aftermath to get the best of you. Read on to find out how you can overcome those negative thoughts and prepare yourself for the coming fresh start you need right now. Fear of High Income When you file for chapter 7 bankruptcy, you'll encounter some unique situations.
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  • Have You Been Misled By These Bankruptcy Rumors?

    If you are so behind on your bills that you are being harassed by creditors and in danger of losing property, you may need to consider chapter 7 bankruptcy. It seems that everyone has an opinion about bankruptcy, and few of the people who let you know it are experts in bankruptcy law. It would be a pity if you let the following false rumors about bankruptcy stop you from getting the debt relief and financial fresh start you need.
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  • Your Options When Dealing With IRS Tax Problems

    You can experience problems with the IRS if you do not file your taxes or if you do not pay your taxes. You can also encounter problems if you lie on your tax forms and for many other reasons. If you have a tax problem right now, it is likely for one of these reasons. If you are not sure what to do about it, there are three main options to use for dealing with the tax issue.
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  • 3 Items For Your Chapter 13 Filing Checklist

    Chapter 13 bankruptcy is a particularly involved legal process. For that reason, it's wise to approach your situation with a checklist in hand. Let's take a look at the items every filer should verify they have before they submit a petition for relief. Filing Fees Under chapter 13 bankruptcy law, only attorneys are allowed to pay the fees by check or credit card. An attorney may also submit payments by money order or cash.
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