Articles, tagged with "chapter 7 bankruptcy", page 1
Copyright Questions
A lot of people have questions about specific legal concerns. Of those issues, bankruptcy questions, copyright questions, and patent questions are many of the most frequent legal issues that you could possibly face at some point in your life. This article...
Understanding Bankruptcy: Important Bankruptcy Questions Answered
Many experts say we are living in the worst economic conditions since the great depression, and during the past few years, a growing number of Americans have found themselves in a financial hole that they find nearly impossible to dig out of. With rising ...
Chapter 7 Bankruptcy - Who Can File?
You can file for Chapter 7 bankruptcy unless: 1) you can afford to repay under Chapter 13 bankruptcy plan because you make more money than the median income in your state; or 2) you've previously received bankruptcy discharge/case dismissal; or 3) you hav...
Can you discharge your student loans in bankruptcy?
The test
Bankruptcy court will cancel your student loans if you'll be able to prove that repayment would pose “undue hardship.” Courts apply the so-called Brunner test, under which you must show all of the following:
1. You cannot maintain a “minimal s...
What is Chapter 7 Bankruptcy
In defining what is chapter 7 bankruptcy is one has to understand it is a provision in Title 11 of the US code or bankruptcy code that governs the process of insolvency under the United States bankruptcy laws. What is chapter 7 bankruptcy? It is the most ...
Why Loan Modifications Are Better Than Bankruptcies
If you are considering bankruptcy because of the debt you owe on your house, you probably know something about filing for bankruptcy, but are still checking out the options that you have.
Chapter 7 Bankruptcy, sometimes referred to as a “straight bank...
What is Business Bankruptcy and When Should It Be Used?
Filing for Bankruptcy is a process that can help your business eliminate or repay its debt under the protection of the bankruptcy court. One can file for bankruptcy in order to protect oneself from harassment by creditors, and in many cases have part of t...
Can Bankruptcy Help To Delay The Foreclosure Process?
In recent times, lots of men and women are experiencing major finance worries because of the current credit problems and also stuck with a huge personal debt. Personal arrears together with many other issues like marital concerns, medical concerns, and jo...
Can I Keep My Car If I File Bankruptcy? Part 2
In a previous article (Can I Keep My Car if I File Bankruptcy) we looked at five questions that must be answered each time we are looking at saving a car in bankruptcy. If you haven’t already read that article, you should take a moment and do so. Just to ...
Chapter 7 And Chapter 13 Bankruptcy In Mesa
After the economic meltdown of 2008, many folks and families felt the domino effect of job losses, cash flow decline and housing payments increasing caused by bad mortgage loans and unethical practices. Consequently, folks are left with very few options i...
What is Chapter 7 and Chapter 13 Bankruptcy?
Filing a Chapter 7 Bankruptcy is the most common type of bankruptcy proceeding. It is sometimes called "straight" or "liquidation" bankruptcy. Filing a Chapter 7 Bankruptcy eliminates most kinds of unsecured debt. Some examples are credit cards, medical b...
Why Have A Bankruptcy Attorney Transform A Chapter thirteen To A Chapter 7?
Since of the actual estate bubble that transpired again in 2008 there has develop into a significant fascination in Chapter thirteen bankruptcy. The strength of a Chapter thirteen really shines in stopping a foreclosure, while making it possible for the d...
How A Tampa Bankruptcy Lawyer Can Prevent A Home Foreclosure With A Bankruptcy Petition
The stagnant economy and depressed housing market has created a huge financial burden for millions of Americans. Many Americans are unemployed and having a difficult time keeping up with their debt obligations. Furthermore, declining home values are exace...
Serial Bankruptcy Filers
I am not an attorney, I am a judgment matchmaking expert (Judgment Broker). This article is just my opinion, based on the laws I have studied, and what I have learned. Nothing in any of my articles can ever be considered legal advice.
In my kind of wor...
How a Chicago Bankruptcy Attorney Can Help You
Living the "American Dream" can be incredibly expensive these days and for many people it can lead to getting in over their heads with debt. It can happen to anyone, whether you make some poor decisions with your money, lose your job due to illness or cut...