Bankruptcy is a federal law, which means you'll find the same rules in all states, with a few exceptions. If you're an individual or a sole proprietor, you can file a Chapter 13 bankruptcy to pay off all or part of your debts over three to five years.
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Fundamental Bankruptcy Issues
If the debtor has little assets proper for liquidation, bankruptcy lawyers suggest this Chapter. Consequently, the advantage of filing under Chapter 7 is that the debtor has small loss of personal assets which allows them to begin anew …
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The Role of Bankruptcy Lawyers in Filing for Bankruptcy in NC …
The most straightforward way to understand the difference between unsecured and secured loan is to work out if your creditor can take away any item or property in the case that you are not able to repay the overdue amount in time. The basic difference between secured and unsecured debts is that in unsecured debts there is no tangible property or any other kind of product that is attached to that debt, whereas for a secured debt there are tangible items that are attached to the debt. Common examples of unsecured debts are arrangements such as credit cards, medical bills and store cards where you do not have to put up any material as security for the debt
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What is the Difference Between Secured Debt and Unsecured Debt?
Can an individual Chapter 13 bankruptcy debtor strip off a second mortgage on nonresidential property owned by the debtor and his wife as tenants by the entireties? Not in the case of In re Hunter, 284 B.R.
San Diego Bankruptcy Attorney – Chapter 7 & 13 Attorney As a San Diego bankruptcy attorney, I often get asked the question if a consumer's debt relief case has been dismissed will the consumer be able to file again? The simple answer is yes. If your case has been dismissed you may be able to re-file
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If Your San Diego Bankruptcy Was Dismissed, You Have Options
The process for Georgia bankruptcy court is quite simple, and easy if you have an experienced bankruptcy lawyer. We went over it in a previous post, on “What Happens in Georgia Bankruptcy Court,” but it bears further consideration as many filers are scared of what may happen, or better, what may go wrong in court. You will be called irresponsible, a burden, a failure … well, maybe not that bad, but you get the point.
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Why You Shouldn't Fear Georgia Bankruptcy Court
Through Twitter, I came across this article “How to File Chapter 13 Bankruptcy Without a Lawyer.” Since I wrote a book about chapter 13 – where I emphasize the need for competent representation – and, since I am also a lawyer, the title alone intrigued me. So I clicked and read the article. Then, I got steamed because not only was the article excruciatingly inaccurate, in some instances it was flat out wrong.
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Do It Yourself Chapter 13: The Road To Failure
Can’t afford a Chapter 7 Bankruptcy attorney ? Learn more about ways to discharge credit card debts by filing for bankruptcy without a lawyer .
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No Chapter 7 Bankruptcy Attorney? File Bankruptcy Without Lawyers
There has been much doom and gloom written about the bankruptcy means test under the new laws and how much more difficult it's going to be to file Chapter 7. It's true that there are more hoops to jump through under the new laws, and it's true that the bankruptcy test will result in some people having to file chapter 13 instead of Chapter 7. However, for the vast majority of filers, Chapter 7 is still available with very little extra effort! If you are considering Bankruptcy and have questions about whether Chapter 7 or Chapter 13 Bankruptcy is the way to go, give my office a call at 859.824.3361 for a free phone consultation.
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How Difficult Will It Be To File Chapter 7 Under The New Bankruptcy Laws?
Bankruptcy – Chapter 7 Bankruptcy /Chapter 13 Bankruptcy – Pensacola Bankruptcy attorney and Fort Walton Beach Bankruptcy .
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Pensacola Bankruptcy Lawyer & Fort Walton Beach Bankruptcy …