What could you and your family do with a fresh start from your credit card debt and other loans? Chapter 7 bankruptcy may be the best option for helping you get out from under your burden of debt,...
The meeting of creditors, also called the 341 hearing, is a required appearance by all debtors in a bankruptcy case. The debtor’s appearance is required pursuant to section 341 of the Bankruptcy...
If you have recently had a judgment entered against you or if you believe that a judgment may be entered against you soon, then you may be panicking trying to figure out how to protect your assets...
Chapter 7 bankruptcy is an extremely helpful legal proceeding for those drowning in debt. It is useful to eliminate credit card debt, medical bills, and unsecured personal loans. There are certain...
Many people are hesitant to file for
Financial struggles are no surprise for most modern Americans. However, while many smaller financial issues can be remedied by setting a budget or taking out a loan, others like extensive credit card...
The filing of a petition with the Bankruptcy Court instantaneously shields the debtor from most further acts by creditors to collect on debt owed as of that date. Filing automatically invokes the...
Individuals who are considering filing for bankruptcy may be concerned about the effect that the bankruptcy filing will have on their current job or future job offers. They may be asking: will my...
Most people assume that if you file for bankruptcy, you must liquidate virtually everything you own to pay your creditors. While this is true under some circumstances, you actually have more than one...
Even after an initial bankruptcy filing and discharge, many individuals find themselves in insurmountable debt due to unfortunate life circumstances, for example - substantial medical bills from an...