Filing bankruptcy does not provide the best solution and one should always try not to walk the dreaded path. Bankruptcy takes a toll on your credit history for a period of almost ten years and so the decision is considerably important. There are many services like Curadebt etc available to help you provide resolution from the crisis and lead a peaceful life. There is free analysis available of your financial position along with your payment...more
Visit the company online at and follow the company on Facebook & Twitter.After military service, he obtained a Bachelor's Degree in Electrical Engineering from USC.Having been part of the New York scene since the late 1920s, Paramount Hotel sits in the middle of Times Square, close to all things Manhattan – from the Broadway Theater District, Empire State Building, and ...more
When you are facing the prospect of losing everything and struggling to determine how you might be able to resurrect yourself from beneath the mountains of debt youve amassed, it may be time to contact a bankruptcy lawyer. Debt relief through bankruptcy should always be the last resort. However, when the phone doesnt stop ringing with collection calls and youre barely scraping by on your monthly budget, its probably time to investigate the bankruptcy process. Be mindful at the very onset that a bankruptcy will remain on your credit report for seven to ten years, depending upon the chapter of bankruptcy for which you file. A Chapter 7 Liquidation bankruptcy will remain on your credit report for ten years, while a Chapter 13 Reorganization or Payment Plan bankruptcy will show for only seven. The chapter of bankruptcy you choose as your debt relief solution will be dependent upon your financial situation and the value of your assets.For consumers who own little to no real property, Chapter 7 Liquidation bankruptcy is the usual route. Individuals who qualify for Chapter 7 surrender most assets to an agent of the courts, who then arranges for the items to be sold for cash. The proceeds...more
If youre struggling with debt, finances, and credit, youre not alone. Countless people are turning to the help of a professional bankruptcy lawyer to help solve their financial troubles once and for all. Bankruptcy can help wipe your debt clean so that you can finally get the fresh start youve always wanted. When you file for bankruptcy with the...more
Sometimes you get into such a bad financial situation that you cannot get out on your own. If you are struggling to pay your bills every month and you have unplugged your phone to stop the phone calls from your creditors, it might be time to start thinking about hiring a bankruptcy lawyer. In fact, it might be a good idea to consult with a...more
Bankruptcy is not a decision that should be taken lightly. However, in the world we live in today where there is rampant unemployment or under employment, more people than ever are filing for bankruptcy. This is one of those areas where a lot of people have pre conceived notions about it, then they make an appointment with a bankruptcy lawyer and find out that what they thought was not actually the truth.One of the things that people do not understand about filing bankruptcy is the income requirements. A lot of people do not think this is an option for them because they make too much money. There is actually a standard test that is conducted on your income called the "means test". Your attorney will compare your income to the average income levels for your state for a household of the same size. If your income is over this mark, it does not make you ineligible; it just means you will need to look at a Chapter 13 instead of a Chapter 7 bankruptcy.Many people are also under the impression that if they file under the Chapter 13 laws, that they will still have to pay off their debts. This is not usually the case, although you may have to pay a portion of your debt for three to five...more
When you're experiencing problems with funds and are usually planning on consolidating debts or possibly filing bankruptcy, you can consider selecting a bankruptcy lawyer. The entire process of filing bankruptcy generally is a hard task, as well as...more
Its no secret that the down economy has taken its toll on many peoples lives. Small business owners, laid-off employees and even corporations are feeling the pressure of the financial losses. According to the American Bankruptcy Institute (ABI) So...more
Although bankruptcy is outlined in federal law, some bankruptcy guidelines may range from state to state regarding exemptions, how filing may effect a spouse, and other aspects. When filing, it is important to know what makes Texas unique. Citizens...more
CC Brown Law: After the cruel blow of recession and global economic crisis, bankruptcy has become a household name. The current economic turbulence has prompted a number of people to file for bankruptcy. In the recent years, the social stigma is no...more
CC Brown Law: Bankruptcy attorneys are very helpful when it comes to sorting through oftentimes complicated mountains of paperwork that is associated with any type of bankruptcies. Declaring either Personal or Business bankruptcies can both demand...more
Prevent foreclosure: The bankruptcy process offers debtors a "fresh start." A chapter 7 Bankruptcy will abrogates all your unsecured debts such as credit cards, personal loans, and medical bills. Chapter 7 Bankruptcy offers debtors a fresh start if...more