What is a chapter 7 bankruptcy? Chapter 7 bankruptcy is a liquidation of a business that is in financial distress. The business will be forced to cease business operations, and its assets will be sold off to pay creditors. Most of the time, the business owner will no longer be involved with the company. What  … Read more

If you are in need of debt relief, you may be considering the many options available. While there are several options for seeking relief from your debts, they are not all created equal. In fact, the most important step in seeking debt relief is to work with a qualified financial expert. Having an experienced Dallas  … Read more

If you think bankruptcy will serve your best interest, the first step is to speak to a bankruptcy attorney. Mistakes could cost you your property or thousands of dollars needlessly. Similar Experiences When you start in the process, you will want to speak to a bankruptcy attorney who has experience handling cases like yours, and  … Read more

To stop wage garnishments, the immediate need is to comprehend its meaning. It occurs when the court passes an order, and your employer has to follow the same. Under that order, your employer needs to withhold some share of your salary and send the same to your creditor. The creditor might be a person, company,  … Read more

Being a legal proceeding, the bankruptcy process may give you doubts about your presence to the court. It is why many people drop the idea of filing bankruptcy as they assume that the court’s method of cross-examination of problems can lead to significant issues. But, you may be glad to know that most people who  … Read more

Seniors often retire, having enough savings to lead a life of comfort. In these circumstances, any sign of a rise in debt could cause worry. While there might be some genuine reasons to worry about filing bankruptcy if you are overwhelmed in debt or risk, the loss of your savings could save your comfortable lifestyle  … Read more

The bankruptcy estate is one of the basic tenets of bankruptcy law. When a bankruptcy case is initiated, then a “bankruptcy estate” is created. The estate then becomes the owner of almost all of the assets and properties of the debtor. The properties that become a part of the ‘bankruptcy estate’ remain under the bankruptcy  … Read more

If you are struggling with debt and considering bankruptcy, you may have some concerns about how the case will go. Some people avoid bankruptcy as a whole because they think it is too complicated. Although bankruptcy is a complex area of ​​law, an experienced attorney can make the process as smooth and straightforward. To determine  … Read more

The most common secured debt is vehicle loans, new or used; a car usually costs more than most people have saved up. It can be convenient to make payments and have access to a vehicle. We often need a way to get to school, work, shopping for food or medicine. Not every area has public  … Read more

If you are considering bankruptcy to get financial relief, the best course of action will be to hire a bankruptcy attorney. A bankruptcy lawyer will know the laws in your state and help you get the most benefit from your case. Ask a potential bankruptcy lawyer questions that can help you ensure you will be  … Read more