When people are overwhelmed in debt, adding another bill by hiring a bankruptcy attorney can seem impossible. They often wonder if they can avoid hiring an attorney and represent themselves. You can also find advice all over the Internet on how to prepare your bankruptcy documents. The problem with both of these options is that  … Read more

If you have debt in the United States and you live outside the country, there are options you may have to relieve your financial burden. If you have real estate or bank accounts in the United States, judgments can be levied against you by federal or the state court where your assets reside. When you  … Read more

When you are overwhelmed in debt and wondering how you’re going to pay your bills, the thought of paying a bankruptcy attorney can be daunting. When you file bankruptcy, there are additional fees involved besides just paying your lawyer. Filing Fees When you file your paperwork with the court, there will be a filing fee.  … Read more

For personal bankruptcy, anyone who lives in or has property in the United States can file bankruptcy. There are a few exceptions like if you can pass your states means test for Chapter 7, or if you have a reliable source of income for a Chapter 13 bankruptcy. Also, you must not have received a  … Read more

When you are struggling financially, sometimes bankruptcy can be the wrong choice to get your finances back on track. A chapter 7 bankruptcy is the fastest and easiest form of bankruptcy. In as little as three to six months, all of your qualifying debt can be eliminated. Sometimes it is better to file a Chapter  … Read more

Two chapters of the bankruptcy code for personal bankruptcy are Chapter 7 “liquidation” and Chapter 13 “reorganization” bankruptcy. Before considering bankruptcy, you should consult with a bankruptcy attorney to find out which code will suit your personal situation best. Chapter 7 Often called straight, regular, or liquidation bankruptcy, Chapter 7 is bankruptcies purest form. In  … Read more

When you are behind in your debt, and can’t squeeze out another dime, it is tempting to represent yourself in your bankruptcy case. You can legally file and represent yourself in court, but the question is, should you? The Internet You can find just about anything online these days. You can undoubtedly find a pack  … Read more

The meeting of the creditors is also referred to as the 341 meeting after the bankruptcy code it falls under. The meeting of the creditors usually occurs within a few weeks after you file your bankruptcy paperwork. The court-appointed trustee assigned to your case will represent the interest of your creditors, making sure the debtor’s  … Read more

Some people think you must be flat broke to get bankruptcy protection. The truth is you can still have a job and file bankruptcy. Sometimes unforeseen actions cause us to get behind in our debt. Large medical bills Death or divorce of the principal wage earner Loss of a job or hours cut back Mismanagement  … Read more

When you are looking for a bankruptcy attorney to help you get some financial relief, there are a few things to look for. You should be able to feel comfortable around your lawyer. Don’t be intimidated. Remember, you are hiring them to perform a service for you. Check to see if you will be able to  … Read more