Help Stop Reposession
From the category archives:
When you decide to file bankruptcy, it usually means your financial situation looks hopeless. Despite what many people think, there is no shame in needing a second chance for a secure financial future. Bad things can happen to good people as the saying goes. In addition, sometimes people simply make poor financial [...]
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It’s possible to actually establish a court monitored debt repayment plan using a chapter 13 bankruptcy. This kind of bankruptcy allows you to still get the relief you need from collection calls, garnishments and lawsuits. In effect, you ask the court to intervene on your behalf with your creditors to get some breathing [...]
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You can think of a chapter 7 bankruptcy as a fresh start with a life not overburdened with unmanageable debt. The chapter 7 was designed just for the individual debtor and is used to discharge certain eligible debts. When the court discharges the debt it means you no longer have any responsibility for [...]
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As the cost of living continues to rise and it gets more and more expensive just to pay for ordinary living expenses, many families are finding it impossible to make ends meet. Economic problems can be of your own making or the result of factors out of your control too. Rising gas prices, [...]
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A bankruptcy lawyer can restore your faith in the legal system, because he or she can prove that the laws are there to help you in your hour of need. Sometimes it is easy to view the legal system as too bogged down with backlogged cases making it inaccessible to the average citizen. [...]
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Bankruptcy laws are very clear about when you can and cannot file bankruptcy. Because of so much misuse of the bankruptcy proceedings in the past, the laws were revised in 2007. In effect the new law made it more difficult to file a chapter 7 than in the past, but once qualified, you [...]
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Like any legislation, bankruptcy law is complex which is why you should begin the process by consulting with an attorney. In a nutshell, the purpose of the law is to help individuals and businesses resolve their inability to pay their debts. Simply stated the bankruptcy court looks at all of your assets and [...]
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