What is the cost of not knowing what you don’t know? Volume bankruptcy lawyers don’t take the time to provide a thorough personalized experience to help you maximize the benefits of filing bankruptcy or to understand how you came to be in financial difficulty and consider other options. You may never know … The out … Read moreHow much does it cost to file for Chapter 7 bankruptcy?
As long as you are current with your payments and continue to make them, your co-signor will not have to pay. If you surrender the asset or stop making the payments, the creditor can go after the co-signor. Contact us now to inquire about our Chapter 7 Bankruptcy related legal services.
As a general rule, the answer is no. If your spouse does not file the bankruptcy court has no jurisdiction over your spouse. However, for you to be eligible for bankruptcy relief, you are required to provide certain information, such as your household income. The trustee needs to be satisfied that you are not subsidizing … Read moreWill my spouse be affected if I file for bankruptcy?
The general rule is that one is eligible for another Chapter 7 discharge of one’s debt eight (8) years from the date the prior case was filed. If one obtained a discharge under Chapter 13, one may file another Chapter 13 case four (4) years after the date the prior case was filed. If you … Read moreCan I file for bankruptcy a second time?
In most cases it is a bad idea to convert unsecured into secured debt. Before making such a decision, consult with an experienced bankruptcy attorney to thoroughly review your situation. Doing so will cost you far less than a bad decision! Contact us now to inquire about our Chapter 7 Bankruptcy related legal services.
Your credit will likely improve! If you need to file bankruptcy your credit is either bad already or your debt is so high that if even if your payments are current you will have difficulty getting credit in the future. Once your debt is discharged in bankruptcy, you won’t owe that money any longer, so … Read moreWhat will happen to my credit if I file for bankruptcy?
Friends and family typically would not know that you filed bankruptcy unless you spread the word. Creditors, landlords and others who have reason to check your credit when you apply for credit or a contract will know. Your employer typically will not know. If you feel bad about filing bankruptcy and poor money management is … Read moreWho will find out if I file for bankruptcy?
Employers are prohibited from discriminating against anyone who files for bankruptcy relief. Thousands of people file bankruptcy every month. Most employers have some familiarity with bankruptcy and are not overly concerned about it. In fact, in most Ch. 7 cases, there is no reason for the employer to know that you filed. Individuals whose job … Read moreCould I lose my job if I file for bankrupty?
If you are seriously considering bankruptcy, meet with your bankruptcy lawyer as soon as possible. Don’t make any more payments on debt you intend to wipe out. That is simply throwing good money after bad debt. If you are not sure whether you can afford to keep your house or your car, rather discuss your … Read moreShould I continue to pay my creditors if they’re harassing me?
Generally, if you owe the money there is no point going to court. You will get a judgment against you anyway. The first step is to meet with a bankruptcy lawyer as soon as possible to review your situation and to plan the best approach for you. If you receive a Subpoena to go to … Read moreDo I need to go to my court date if I’m filing for bankruptcy?