If you find that you are struggling to make your debt payments each month, you may wonder what options can help alleviate the financial strain of your payments. One solution is to file for chapter 13 bankruptcy. A chapter 13 bankruptcy is basically a type of debt consolidation plan that requires you to repay a portion of your debts over three to five years. Once you complete the payment plan, much of your remaining debt is dismissed.
19 March 2018
Have you fallen behind on your mortgage payments to your lender? If so, you may be facing foreclosure and losing your home. It is important that you know what the foreclosure process will be so that you know how much time you have to act. You'll Receive the Notice of Default The first step of foreclosure is getting the formal letter from your lender that they have decided to foreclose on your property.
9 February 2018
Knowing the person charged with overseeing your bankruptcy is crucial, since their actions and even the way they are compensated could affect your chapter 7 bankruptcy filing. You may first hear about this person, known as a trustee, when you receive your initial bankruptcy paperwork from the federal court after your filing. Read on to learn about your potential encounters with this trustee and the way they get paid. Property Inspection
9 November 2017
One of the best individuals that you can turn to if you are struggling to pay your bills or are no longer able to make your monthly payments to your creditors is a bankruptcy attorney, mostly because they will often be able to provide you with a number of different debt resolution options that can help you deal with this financial difficulty. Listed below are two reasons to hire a bankruptcy attorney:
7 September 2017
If you are facing a foreclosure on your home and you don't have a lot of cash to hire a regular attorney to represent you throughout the entire process, there are still options that you can pursue in order to get legal assistance to fight against the foreclosure on your home. #1 Find an Attorney Who Takes On Pro Bono Cases If you really can't afford to pay for an attorney at all, see if any attorneys in your area will take on your case pro bono.
12 July 2017
You have been trying your best to manage a tremendous load of debt that you have managed to accumulate, but it seems no matter how hard you work and how much you pay, it is never enough. Unfortunately, American consumers find themselves in this situation quite a bit, and when they do, bankruptcy often seems to be the most logical option. If you know all too well what it feels like to be facing the possibility of filing bankruptcy, you may find yourself with questions about rebuilding your credit after everything's said and done.
7 June 2017
If you are currently facing severe financial problems, it can be easy to become overwhelmed with stress, which can cloud your judgment when it comes to seeking relief. Bankruptcy is a common form of legal protection that allows individuals to escape crushing debts. Is Declaring Bankruptcy As Simple As Filing Documents With The Court? There is a frequent belief that bankruptcy is a simple process of filing documents with the court.
4 May 2017