The Chapter 7 bankruptcy process allows a person to remove qualifying debt without being required to pay into a repayment plan. People who pass the means test are able to keep the property that they need to maintain their home. There are a number of questions asked by people navigating the Chapter 7 bankruptcy […]
After you file for bankruptcy, all of your creditors must stop calling you in an effort to collect compensation. Unfortunately, creditors do not always follow the rules, and some people report that they are harassed by creditors even after declaring bankruptcy. If you are experiencing difficulties with a creditor, you should not hesitate to contact […]
If you are not able to handle your financial situation, Chapter 7 and Chapter 13 bankruptcy are available for you to restructure your debt. Each year, many people discover that the bankruptcy process offers them the opportunity to rebuild their credit and have a fresh start. Unfortunately, in some situations, bankruptcy can be a particularly […]
One of the most common problems faced by people who are overwhelmed with debt is determining when it is okay to file for bankruptcy. Even if people are struggling with their bills, it can be difficult to decide that bankruptcy is the best option. The following will review several of the questions that you should […]
If you are new to the bankruptcy process, you might never have heard of the “new value” defense that applies in situations in which a company is providing goods to the party that declares bankruptcy on credit at a periodic rate and paid the company in the preference period, or the 90 days leading […]
A large number of Americans end up in financial debt due to the high costs associated with medical care. Many Americans who are diagnosed with serious medical conditions as well as who are involved in serious accidents can end up facing hefty medical bills. Many of those people decide to utilize the bankruptcy process to […]
For decades, the stigma of bankruptcy has existed throughout the United States. A person who filed bankruptcy was considered to be lazy, greedy, or poor at managing money. In reality, filing for bankruptcy is something that is often a result of unforeseen and unavoidable circumstances such as divorce, serious health issues, or even the […]
No matter how carefully you planned for the future and how hard you work, there are times when a personal or professional bankruptcy is inevitable. When you can no longer afford to make on-time payments and other forms of debt relief such as negotiating with creditors fail, then bankruptcy may become your only reasonable option. […]
According to the Florida Times-Union, Jacksonville, Florida has been a “hot market for renters” for a few years now. While the renter’s market might be booming, anyone who is dealing with bankruptcy may be wondering how filing bankruptcy will affect him or her as a renter. While an experienced Jacksonville bankruptcy attorney can help you […]
One of the most potentially unnerving parts of filing for bankruptcy is the requirement to attend certain hearings in person. In addition to going before a judge to have your case confirmed, you must also attend a meeting of creditors with your trustee. This meeting is one of the most crucial parts of your bankruptcy […]
