Bankruptcy Attorney: The First Consultation Kirandeep Sihota, Esq., a Stockton Bankruptcy Attorney, elaborates on the definition of Chapter 7 Bankruptcy.I frequently have consultations with individuals who want to file for Bankruptcy, but do not know what Chapter 7 Bankruptcy actually is. One of the main reasons behind Bankruptcy law is to wipe out the debts of individuals who are hopelessly burdened with debt and give him or her a...more
Filing Personal Bankruptcy Pro Se Can Be The Cheapest Way To File Just because you file bankruptcy on your own, it doesn't mean that your bankruptcy will be free. Even though you don't have the expense of an attorney you will still have to pay $299 in fees to the bankruptcy court. These fees must be paid before the filing, unless you file for a fee waiver or a payment plan. Even with a payment plan the debtor will have to pay the...more
Short Sale vs. Bankruptcy The American economy seems to be recovering, albeit on very wobbly legs. The housing market, however, is still in rough shape. Many American homeowners are unable to meet their debts, either because of adjustable rate mortgages that got ahead of them or because of recent job losses. Whatever the reasons for their struggle, many homeowners are now facing foreclosure and weighing all of their options. After a bit of research, many narrow down their decision to one of two choices—short sales or filing for bankruptcy. While neither is a particularly appealing option, homeowners will likely have to consider both and then decide on the lesser of two evils.While foreclosure is a dirty word for many Americans, bankruptcy is usually thought of in even lower regards. It conjures up destroyed credit scores and financial futures. In actuality, bankruptcy is designed as a way for someone to get something of a fresh start financially. Essentially, it relieves a debtor of many of their debts, albeit with some fairly harsh penalties. Normally bankruptcy involves the total liquidation of a debtor's assets. Any money made through the liquidation is divided...more
Is It Possible to Get a Mortgage After Filing Bankruptcy? Yes, it is possible to get a mortgage after filing bankruptcy, but not immediately. It's actually going to be a pretty drawn out process, and how long it takes is going to depend largely on what you do. Bankruptcy is a clean slate, in a sense. You're ridding yourself of the...more
What to Invest in After Your Bankruptcy is Discharged After your bankruptcy is discharged you should not be focused on getting back on your feet by getting more credit. Learn to live on cash as the economic state of our nation is on the verge of total collapse. So you went through some hard times. Now is the time to change...more
Save Your Property through Filing Bankruptcy Filing for bankruptcy remains the last option once debts keep rising. Those in trouble with finances and debts must look to take bankruptcy counseling to come out of the existing mess. Free bankruptcy services are available online and proper search would take borrowers close to those valuable services.So you are looking ways to filing bankruptcy online to come out of the current financial issues. Right? Filing for bankruptcy offers a wide range of benefits for those in the need and with rising debts. With proper online search and analysis, all those benefits of filing for bankruptcy could be easily availed. After all, everyone tries to remain debt free and live a stress-free life.Benefits of Filing for BankruptcyFiling for bankruptcy allows borrowers to easily do away with outstanding large medical bills. Once the bankruptcy process is completed, all your existing medical bills are put behind you. If there is no sufficient means and money to pay the bill, borrower can easily file bankruptcy to avoid paying those gruesome bills. Once debts keep rising, borrowers often face a long string of repossession by the concerning...more
Financial Problems and Credit Card Loans - bankruptcy credit card f you have financial problems with your credit card, due to a number of outstanding debt, you should find the option of bankruptcy as a valid option, as they have done...more
IVA v Bankruptcy – Which is Better Anyone who finds themselves in dire financial straits will sometimes ponder which approach is in their best interests, an Individual Voluntary Arrangement or IVA or going with bankruptcy. While...more
Get Information on bankruptcy and Solve Your Problem Information on bankruptcy is the first thing which you should get handy. If you have the right information available on How to file for bankruptcy, then you will be in an advantage...more
Filing Bankruptcy Even Though You Are Judgment Proof The largest number of these will be filing Chapter 7 to eliminate their credit card debt, that was accumulated over the past year. One of the main reasons that individuals choose...more
Debt Settlements Vs Filing For Bankruptcy - What's the Best Tactic to Eliminate Debt Debt and debt settlements are the two aspects of every human life and needs to be dealt with gracefully. Being under too much debt can again...more
Debt Settlements and Bankruptcy - What's the Difference? If you have found yourself in a situation where you are way over your head in debt then chances are you have thought about either filing for bankruptcy or filing for debt...more