Figuring Out My Finances

Posted on: 20 August 2021

Hard financial times hit numerous individuals and businesses every so often. And, when that happens, the individuals involved sometimes end up with massive debts, and companies go under. If you are in a similar situation, the best thing to do is file for bankruptcy and let bankruptcy lawyers help you out. What Does Bankruptcy Law Involve? Bankruptcy law covers insolvent debtors and creditors. It governs the rights of these parties and protects them from actions like the seizure of assets, lawsuit pursuits, and garnishment.
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Posted on: 10 March 2021

The legal system offers two main branches of bankruptcy that people use when they need relief from their debt. You can only use the branch you qualify for, which might be one branch or both. If you decide on Chapter 7, you should understand that there is a risk your creditors might object to a discharge of your debt. Here is an explanation of how this works in a Chapter 7 case.
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Posted on: 26 June 2020

If you want to get through your bankruptcy case as quickly as possible, you might pick chapter 7 if you can use either branch. Chapter 7 provides benefits to people, but it is not the best option for everyone. If you have the choice to use chapter 7 or chapter 13, here are four key advantages you should understand about chapter 13. Chapter 13 Stops a Foreclosure When a person seeks help through bankruptcy to prevent foreclosure, the choice is easy.
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Posted on: 28 April 2019

We can always hit a rough patch in our finances. Many great people have come back from financial calamities that you couldn't imagine, so if you need to file bankruptcy, don't feel as though it's the end of the world. Chapter 13 bankruptcy is a common strategy that people use when they need to get their finances back in order. If you would like to learn more about this, how to address it, and how it can help your finances, use this information.
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