Unable To Pay Your Debts? 4 Signs That You Need To Hire A Bankruptcy Lawyer

Posted on: 7 February 2022

Few things are more frustrating than being overwhelmed by debt. Often, the experience leads to creditors calling you and threatening you with legal action, auctioning your assets, and many other scary things. However, the law considers that sometimes, you can make financial miscalculations and land in debt. Therefore, you can hire a bankruptcy lawyer to help you file and have a fresh start in the process. Here are four signs that it is time to hire a lawyer.
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Do You Need A Bankruptcy Lawyer?

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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Why Creditors Might Object To A Discharge In Chapter 7 Bankruptcy

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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4 Key Advantages Of Chapter 13 Bankruptcy Vs. Chapter 7

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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