https://www.youtube.com/watch?v=zqV8QrAUvGc
Will You Lose Your Home in a Chapter 7 Bankruptcy?
Buying a home is often the most expensive and most important purchase a person will make in their entire life. Therefore, when bankruptcy proceedings begin, many people wonder if their home will be lost during bankruptcy. Depending on each individual circumstance, a person will usually file for Chapter 7 or Chapter 13 bankruptcy.
Chapter 13 Bankruptcy OutcomesFiling for Chapter 13 bankruptcy can provide you with many advantages over a Chapter 7 bankruptcy. Repaying your debts through a Chapter 13 plan can eliminate your debt, while protecting your credit and assets more so than in a Chapter 7 case. However, not everyone gets to benefit from repaying their debts through Chapter 13 plan.
Living Like A Rock Star Might Force You Into Filing BankruptcyLiving beyond your means is becoming the norm rather than the exception for people living in the US today. America has become addicted to stuff. Everyone wants to be famous and have all the things that famous people have.
Dealing With Creditors After A Bankruptcy DismissalBeing in debt is an overwhelming experience for anyone. Many people end up over their heads in debt through no fault of their own, and may find themselves unable to repay their debts. Often, we feel like we are caught in the middle of our lives and our creditors. If your case is dismissed, you run the risk of being vulnerable to creditors. However, there are ways to protect yourself while working to relieve your debts.
Don't Procrastinate, Hire A Bankruptcy Attorney To Avoid An Emergency FilingMany people have idiosyncrasies and personality flaws, one of the worst ones to have is procrastination. It's easy to procrastinate on going to the store or calling someone back, but when it comes to financial matters like paying bills, it is not a good idea to put it off. When people procrastinate about paying their bills, they usually wait until the ninth hour to file for bankruptcy.
Doing Your Part In Boosting The EconomyMany of our congressional leaders are running around trying to calm the public before wide-spread panic sets in. The recent scares on Wall Street and ominous predictions of economists have many people looking for the best way to protect their money.
Homebuying Becoming Easier For First-TimersMany streets are occupied by seasoned homeowners that settled into home ownership long ago. Until recently, first time home buyers had a rough go of obtaining funding for their mortgage loan. These days, more moving vans are pulling into the driveway carrying the belongings of that recent college graduate or young couple just starting a family. Regardless of their position in life, more first time home buyers have begun to take that leap into home ownership.
Exposing Bankruptcy MythsFiling for bankruptcy has long carried a social stigma in society; however, the recent changes in the economy have changed the way American's view bankruptcy. As bankruptcy myths circulate, potential filers deserve to learn the truth.
Bankruptcy Defined and Its Various Chapters (7, 9, 11, 12, 13, 15)Bankruptcy is when a person or organization cannot repay its debts to its creditors. When a debtor cannot pay its creditors, bankruptcy provides a statutory procedure by which a debtor obtains financial relief. When a debtor files for bankruptcy, the debtor's assets are either reorganized or liquidated, depending on under what chapter the debtor files for relief, for the benefit of the creditors. Bankruptcy can be initiated by a debtor, voluntary bankruptcy, or by a creditor, involuntary bankruptcy.
Rebuilding Your Credit After Filing for BankruptcyAlthough bankruptcy will stay on your credit report for up to ten years, there are steps that you can take to start rebuilding your credit after bankruptcy. If you start making wise choices now, you can be on your way to re-establishing good credit once again.
Bankruptcy Advice Tips You Need To KnowBankruptcy is technically a legal term used in describing the court process through which a person or company declares his or their ability to meet financial obligations and clear off debts. With a comprehensive...
Is Bankruptcy Your Best Option?When you are facing the prospect of losing everything and struggling to determine how you might be able to resurrect yourself from beneath the mountains of debt you've amassed, it may be time to contact a bankruptcy attorney. Debt relief through bankruptcy should always be the last resort.
Chapter 13 Vs Chapter 7 BankruptcyBankruptcy is a complex area of the law that concerns debts that are owed by a consumer or a business. The process of bankruptcy allows a debtor to eliminate or reschedule most debts.
How Can I Escape Bankruptcy?Kim and her husband were teetering on the edge of financial ruin just months ago after a decline in the car-buying market cut his salary nearly in half. A trucker who hauls cars for a living, Kim says they began to worry about how they would make ends meet. Their life was about to turn around, they had not even thought to ask, "How can I become a millionaire?" The answer became clear as they moved toward their dreams.
Filing Bankruptcy: A Modern Pastime?What is it about our modern economy that has so many people filing bankruptcy? Has it just become the "in" thing to do? Or is there something else happening behind the scenes to sink so many people into the bankruptcy hole?
https://bklaw.attorney/how-to-win-a-debt-collection-lawsuit-with-the-statute-of-limitations/
No comments:
Post a Comment