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How Long Does Chapter 7 Bankruptcy Take?

  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 process, but one of the most commonly asked questions is how long a person can expect the bankruptcy process to take. The short answer is that Chapter 7 bankruptcy often takes betw[...]

What to do if Your Chapter 13 Bankruptcy Case is Dismissed

After filing for Chapter 13 bankruptcy debtors are required to make monthly payments to a bankruptcy court trustee. These payments are distributed to various creditors, including a debtor’s attorney and the trustee him or herself. At the end of the bankruptcy, the petitioner will receive a discharge that prevents creditors from pursuing him or her for additional payments and allows the petitioner to have a fresh start with his or her credit. However, failure to meet certain terms may result in[...]

Debtor Rights

At Adam Law Group, we work with a lot of clients that are currently having trouble making payments on debts owed or have had such troubles in the past.  The reasons for these difficulties are varied – from market changes to job loss to a bad deal to excessive medical expenses to simply taking on to many debts.  Whatever the cause, such financial difficulties often lead to dreaded, persistent efforts from creditors to collect.   We’ve found that many consumers don’t know the debtor rig[...]

In Florida Bankruptcy Cases, Raise Claims or Lose Them

Florida Bankruptcy Cases In February, the 2nd Circuit handed down an interesting, unpublished Bankruptcy case, In re Residential Capital, LLC that demonstrates just how complicated the intersection between bankruptcy law, foreclosure law, and general civil litigation can get.  Like many Floridians, Stephanie Harris, an individual residing in Miami, Florida had some difficulty paying her mortgage around 2008. Eventually a mortgage foreclosure action was instituted against her by GMAC Mortgage (â[...]