The following article was submitted by Attorney Steven Elmer from 722Redemption.com to help people learn how it may be possible to keep their car or truck after bankruptcy for far less than the current amount owed. In Chapter 7 bankruptcy, debtors have three main options regarding financed personal property items. They can surrender, reaffirm, or …
It can be tough to find a good bankruptcy attorney. It is an unfortunate fact that some bankruptcy attorneys are not very honest in their dealings with clients. For this reason, you need to be careful to work only with a reputable bankruptcy attorney. The difference between a reputable bankruptcy attorney and a disreputable one …
Types of Bankruptcy It is important for people to determine the type of bankruptcy that they need to file according to their current financial situation. They can have a systematic and successful bankruptcy case when they are aware of the requirements and procedure for the particular case that they plan to file. Chapter 7 Bankruptcy …
Any decision of declaring bankruptcy may seem like a traumatic event, but it is often the most logical choice to deal with problem debts. As it is a very personal decision, therefore one should take time and understand all the facts before making any move in this. Bankruptcy has not been designed as an “easy …
When a person gets under so much debt that it becomes unmanageable then it becomes necessary to look for bankruptcy information and advice. There are advantages and disadvantages of declaring bankruptcy and it is important to know both sides of the coin. There are some benefits of filing bankruptcy that cannot be underestimated. For example, …
In case you find yourself deep into debts, filing for bankruptcy could be one of the best options to consider and especially if you know that you cannot be able to repay your debts on time. There are various things that one should understand however before filing for the process as this will help you …
Bankruptcy is a procedure that gives an individual a fresh start financially and Chapter 7, also referred to as “straight bankruptcy” or liquidation is a bankruptcy provision that permits the debtor to be able to pay off their personal debts by selling their assets and then using their proceeds among their creditors thereby freeing one …
Bankruptcy entails a legal process, which involves either an individual or an organization that is experiencing financial troubles. Such proceedings are generally filed by the debtor. A successful execution of such a process eventually makes the debtor free from most outstanding payments and debts. However, if you are thinking to file for a bankruptcy, then …
Bankruptcy offers a legal blanket of protection to those who are overloaded with debt. This can be a fresh financial start. Many people choose bankruptcy as a method of easing stress and worry due to out of control finances. Below are some commonly asked bankruptcy questions and answers which you may find helpful. What is …
For years we have assisted consumers in Delray Beach and across the country to eliminate their specific consumer debt challenges. Very rarely will someone want us to conclude that they must declare bankruptcy. However, quite often when people speak with a bankruptcy attorney to learn how a bankruptcy filing would look with their specific situation, …