Getting Help With Your Bankruptcy

When To Hire An Attorney If You Are Facing Foreclosure

Posted by on Jun 30, 2015 in Uncategorized | Comments Off on When To Hire An Attorney If You Are Facing Foreclosure

If you find yourself at risk of losing your home, hiring an attorney can be a practical option when you are trying to avoid or fight foreclosure. An attorney can explain your legal rights and obligations, negotiate new loan terms with your lender, assist you in completing the paperwork necessary to apply for a loan modification, or delay the foreclosure sale by helping you file for bankruptcy. When you are facing foreclosure, it pays to know in what situations hiring an attorney like Jeffrey S Arnold Attorney At Law P.C. can help. 1. You...

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5 Questions Concerning Chapter 7 Bankruptcy And Your Car

Posted by on Jun 12, 2015 in Uncategorized | Comments Off on 5 Questions Concerning Chapter 7 Bankruptcy And Your Car

Chapter 7 bankruptcy is often used when an individual has enough assets to liquidate to cover at least a portion of what they owe to debtors. This form of bankruptcy can bring about a lot of worries when it comes down to what will happen with your vehicles. Here are five typical questions people who file chapter 7 bankruptcy have about their automobile. 1. Does it matter if you only have one vehicle for your family? This can depend on where you live and if there is a vehicle exemption for bankruptcy allowed in your state. If you have a...

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How To Protect Yourself From Fake Debt Collectors

Posted by on May 27, 2015 in Uncategorized | Comments Off on How To Protect Yourself From Fake Debt Collectors

When you fall behind on your bills, every ring of the phone can cause anxiety. The actions of collection agencies are aggressive by nature, and even those who follow the laws about bill collecting will disrupt your life with constant reminders of your bad financial state: Collection agencies are hired by your creditors, such as a credit cards, banks or loan companies and are allowed by law to contact you an unlimited number of times about a debt, however they can only contact you between the hours of 8 a.m. and 9 p.m.  Recently, scams...

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Involuntary Chapter 7 Bankruptcy: 3 Requirements Of Being Forced Into Bankruptcy

Posted by on Apr 22, 2015 in Uncategorized | 0 comments

Filing for chapter 7 bankruptcy can be a difficult process, but sometimes, those doing so have come to the conclusion that it is the only solution to a very complex situation. Other times, those with debt try as hard as they can to repay the loans and credit lines they’ve utilized. However, in certain instances, you could potentially be forced into a chapter 7 bankruptcy. Although there are certain rules that apply to this type of ‘creditor-initiated’ bankruptcy, it is a legally valid tool that creditors can leverage in an...

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3 Mistakes To Avoid During The Bankruptcy Process

Posted by on Apr 20, 2015 in Uncategorized | 0 comments

If you have already started the process of filing for bankruptcy, you may be eager to get the bankruptcy behind you. However, you may be making mistakes that could jeopardize the discharge of your debts, which would mean that you would still be responsible for paying them back. Here are just a few mistakes to avoid making while going through the bankruptcy process. Trying to Pay Creditors with Retirement Funds Most of the time, your retirement savings do not need to be affected by your financial problems. You may get the idea to liquidate...

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Handling Three Potential Issues When Filing Chapter 7 Bankruptcy

Posted by on Apr 17, 2015 in Uncategorized | 0 comments

You may run into one of these three issues when filing chapter 7 bankruptcy. There are ways to handle each one so your bankruptcy can be successfully discharged. 1. Nuisance Filing on Your Record If you filed bankruptcy twice in one year but the first time your case was dismissed because you failed to do all the requirements (such as completing the credit counseling class), when you file the second time a judge could lift the automatic stay within 30 days on your creditors. This is to discourage people from filing merely to...

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How To Keep Your Home Through A Bankruptcy

Posted by on Apr 17, 2015 in Uncategorized | 0 comments

Are you trying to keep your home even though you’re in debt? A chapter 7 bankruptcy or a chapter 13 bankruptcy could potentially help you avoid losing your home. Most people assume that they will lose their property when undergoing the process of bankruptcy but this isn’t necessarily true. Depending on your state laws, you may be able to keep your home and declare bankruptcy to dissolve or restructure your debts at the same time. A real estate attorney can help you find out more. You Can Delay Foreclosure Proceedings If...

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How To Fight A Failure To Comply Issue With Social Security Disability

Posted by on Apr 16, 2015 in Uncategorized | 0 comments

You can be denied future social security disability payments if you are found to have failed to comply with your medical treatments. Failure to comply can include a variety of issues: you could avoid taking your medication, not show up for appointments or fail to meet with your doctor on a regular basis. A failure to comply is considered problematic because it may indicate that person is trying to stay on disability for a longer period of time. But there are some valid reasons you might not wish to comply with some medical treatments. You...

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Why Your Credit Card Company May Object To Your Discharge

Posted by on Apr 14, 2015 in Uncategorized | 0 comments

If you file for bankruptcy, your credit card company (alongside other creditors) is automatically informed of the case and has the chance to object to your discharge. While a bankruptcy discharge means that the company may at least get part of its money, it may object to the discharge under certain conditions. For example, a company may raise objections if you used its card to: Pay Non-Dischargeable Obligations Not all debts are dischargeable via bankruptcy; there are debts that you will still have to shoulder such as child support, alimony...

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Small Business Debtors Filing For Chapter 11 Bankruptcy: 3 Special Provisions To Consider

Posted by on Apr 14, 2015 in Uncategorized | 0 comments

Within the first 18 months, 8 out of 10 entrepreneurs who have started a small business will fail. Most of the time, these small businesses simply run out of capital. Instead of being dragged deeper into debt, consider filing for small business bankruptcy under chapter 11 provided that the business owes no more than $2,490,925 and restructure your business. Small businesses filing under chapter 11 are subject special provisions that are significantly different than personal bankruptcy cases that are filed under the...

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