When you are way behind on your debts and facing bankruptcy, the thoughts of squeezing out even more money to hire a bankruptcy attorney might push you to consider representing yourself in a bankruptcy case. The internet has made D-I-Ys relatively easy to achieve in practically everything. One internet search, a few clicks, a few … Read more
The chance to start fresh is not available everywhere, but you are lucky to have this chance when you have loads of debts on your shoulders. Bankruptcy wipes out almost all your debts and lends you a hand in getting back on our feet. But, before proceeding further, you must know whether you can file … Read more
Bankruptcy is not a universal act or law with identical conditions for everyone. However, every chapter of bankruptcy law has something different to offer as per varying business and credit situations. If you are also confused between chapter 7, chapter 11, or chapter 13 of bankruptcy, then the following guide can be highly assistive for … Read more
An individual needs to thoroughly assess his/her assets and debts before filing for bankruptcy. This process is known as pre-bankruptcy planning. In this stage, one needs to ensure that they avoid the common mistakes made in a bankruptcy proceeding and come out of the bankruptcy proceedings triumphant. Consult a Legal Expert Individuals filing for bankruptcy … Read more
If you are concerned about losing an asset, you might want to consider protecting your assets before filing for bankruptcy. This is one form of pre-bankruptcy planning. Most debtors who file for Chapter 7 or Chapter 13 bankruptcy manage to keep their property after understanding this process. It is crucial to understand how to value … Read more
A bankruptcy is a legal situation in which a person, company, or some institutions, are unable to pay their debt from their available financial resources. Bankruptcy is one of the cheapest and quickest options to get out of debt by stopping debt collectors and even saving your assets. One of the most compelling benefits of … Read more
For most people, hiring a bankruptcy lawyer happens a little late in the process. After a long time of struggle trying to pay their debts, people start to consider filing for bankruptcy and then thinking about hiring a lawyer. Filing for bankruptcy is not a simple process, and it requires a good representation. Let’s take … Read more
There is a social stigma attached to the term bankruptcy. Let’s take a look into what this process is and see that it is not the end of the road, as some people think. Bankruptcy can be seen as an opportunity to start over. Bankruptcy laws were designed to give people a second chance, … Read more
When you have decided to file bankruptcy to get some financial relief from your debt, you may be surprised to know that when you file your paperwork could make a huge difference in the outcome. File Now If you are in immediate danger of losing your home, your car, or having your utilities shut off, … Read more
Bankruptcy cases are filed in federal courts. People often confuse the process and try to submit their bankruptcy documents in the state or county courts. Federal courts are fewer than state courts and are located in districts. Districts are defined by geography and population. The court you choose will be where for the last 180 … Read more