Filing for bankruptcy protection is a necessary tool at times, but many Americans hesitate to make use of it for a variety of reasons. One of the biggest is the fear of their personal and financial details becoming public knowledge.
If you worry about this, though, know that the bankruptcy process protects your privacy in several important ways. Here's what you need to know about three of them.
1. Redaction of Details Read More...
Certain situations in life cannot be predicted, such as falling behind on paying bills due to getting injured, losing a loved one, or a similar situation. Unfortunately, creditors still need their money when someone is experiencing financial difficulties and they will take action to get paid. Phone calls from creditors are frustrating to deal with and can cause more stress in a financial situation that is already difficult. If you are ready to satisfy the creditors so the phone calls will stop but cannot pay the debts upfront, consult with a lawyer about filing bankruptcy. Read More...
Do you struggle with debts beyond your ability to repay? If so, you may be considering filing for bankruptcy in order to get your financial life back on track. But even in these early stages, should you consult with a qualified bankruptcy attorney long before you actually file? Yes, and here are four of the most important reasons.
1. To Decide on a Chapter
Bankruptcy claims are filed under one of several chapters of the bankruptcy code. Read More...
If you feel like you are being smothered by your debt, then you need to take charge and do what you can to rectify the situation. If your bills are out of hand, and you feel like you are never going to catch up, then you should consider talking to a bankruptcy lawyer. You can learn more about Chapter 7 bankruptcy and some ways a bankruptcy lawyer can help in this article: Read More...
Bankruptcy law is a legal process in which individuals or businesses can file for relief from their debts. If you consider filing for bankruptcy, it's essential to know what bankruptcy attorneys can do and how bankruptcy law differs from state to state. Here are four things you should know about bankruptcy lawyer services before hiring one.
What Is Bankruptcy Lawyer Services?
Bankruptcy law is not as easy as it may appear. Read More...