The legal process that a bankrupt person goes through at the bankruptcy court is not as simple as it may seem. Filing bankruptcy requires numerous procedures, such as undergoing the required bankruptcy counseling, taking the means test, or preparing a payment plan that will run for three or five years. If you are currently considering [...]
Filing bankruptcy requires a bankrupt individual to go through a serious legal process. This generally begins with bankruptcy counseling and taking the means test. Proceedings in the bankruptcy court, however, are not as simple as they may seem. For this reason, if you are presently considering bankruptcy, it is best to consult with a [...]
The pandemic has overwhelmed many people with piles of medical debt, credit card debt, and tax debt. Bankruptcy protection has saved many Americans from their financial problems and given them a fresh start in life. A home is one of the valuable assets people can have so it’s understandable for you to want to protect [...]
Bankruptcy is one of the most common debt-relief options that can help you wipe out your debts and restructure your finances. Several types of bankruptcy can help you solve your financial problems and pursue debt settlement. One of the most common bankruptcy types is the Chapter 13 bankruptcy. It is also known as the [...]
Having to file for bankruptcy is nothing to be ashamed of. The current economic climate along with the pandemic has placed many Americans in dire financial straits. If your medical debt, credit card debt, and tax debt have become too unmanageable to pay off, bankruptcy filing may be the best option for you. It’s [...]
This pandemic has taken its toll on everyone. Lack of employment and COVID expenses has overwhelmed many Americans with credit card debt, medical debt, and tax debt, among many others. If you’re facing financial hardship, filing for bankruptcy might be the way to get a fresh start at a secure financial future. Bankruptcy [...]
This pandemic has taken its toll on everyone. Lack of employment and COVID expenses has overwhelmed many Americans with credit card debt, medical debt, and tax debt, among many others. If you’re facing financial hardship, filing for bankruptcy might be the way to get a fresh start at a secure financial future. Bankruptcy [...]
Dealing with debt and financial problems is extremely stressful. It is, however, not impossible. Seeking legal help from an experienced Wheeling bankruptcy attorney will help you have a successful bankruptcy filing. Filing for Bankruptcy Chapter 7, which is also referred to as liquidation bankruptcy, can eliminate several types of debt. In certain cases, some [...]
Bankruptcy is a proceeding made by insolvent debtors that are unable to pay their creditors so that they can have a fresh start. Declaring bankruptcy enables you to discharge or reorganize your debts while letting you keep certain property. If you file for bankruptcy, you will be given bankruptcy protection that will stop debt [...]
You may be familiar with how voluntary bankruptcy works. If a person is overwhelmed by financial problems from credit card debt, medical bills, student loan debt, and tax debt, they may choose to go through the bankruptcy procedure. Once filed, the court orders an automatic stay, preventing collection agencies from pestering the debtor. Depending [...]