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 [...]
The pandemic has brought financial hardship for many Americans. If you’re overwhelmed with medical debt, student loan debt, and credit card debt while collection agencies keep harassing you, filing bankruptcy may get you a reprieve from your financial problems. If you’re considering bankruptcy, you must understand what exactly you’d be going through. The United States [...]
Bankruptcy is defined as a legal process that involves a person or business entity that is incapable to settle unpaid debts. Filing for bankruptcy is usually initiated by the debtor and imposed by a court order. It is the last resort of a bankrupt person to try to stay out of debt. Before you [...]
Life doesn’t always go as planned and sometimes it is a struggle to make ends meet. At times it gets to the point where you're drowning in debt and no longer knows what to do to rise above it. Luckily, the U.S. Federal Law has provisions to give us debt relief in the form [...]
The bankruptcy filing allows you to have a fresh start and secure your financial future. Filing for bankruptcy enables the filer to either pay off or wipe out debts to a creditor. A debtor files a petition in bankruptcy if he or she is no longer capable of paying his or her debts. Once [...]