Chapter 13 bankruptcy offers people a measure of flexibility, and may be best for those with assets. There are no income limit, but debt limits apply. If you own a home or other substantial assets that you could be forced to give up in aChapter 7 bankruptcy, Chapter 13 bankruptcy may he...
Ownership Flexibility– If you own a home or a vehicle, you may still be able to keep the property and avoid home or car repossession, provided you meet certain guidelines. Free from Debt– Your unsecured debt (e.g., credit cards) will be discharged and you’ll no longer have to worry...
Many people who file a Chapter 7 bankruptcy are able to keep all of their property, including their homes. If you own a house but have built up little or no equity (that is, you owe nearly as much as the home is worth), you may be able to wipe out your other debts while continui...
Two, if you own your home outright but use it as collateral in a secured loan, the lender can initiate a repossession process if you default on the loan. Whichever situation you are in, there’s nothing pleasant about losing your home. You probably have a strong emotional attachment to it...
If you own a farm or work at a farm — past or present — you would know this brand. Otherwise, you probably never have heard of it. Stock+Field was known as a farming and agricultural retail brand. After more than 55 years, it sadly decided to close its 25 stores and file for Ch...
You own a business and are not a sole proprietor Your business has a positive cash flow You can afford higher attorney fees and court costs As an example, let’s say you owned a campground in California with cabins for rent. A wildfire prevents you from renting out these cabins f...
If a prospective employer asks for a background check and you approve it, the employer has the right to see your credit score. 4. You Could Become Homeless Once you file bankruptcy, the option to buy a home could be off the table for seven to 10 years as well,though there are ways ...
budgeting loans and crisis loans owed to the Social Fund Contact PayPlan today If you have debt problems and are looking for a suitable debt solution for your own financial and personal situation, contact PayPlan today for quick, FREE professional debt advice. Get advice nowMore...
Wrongful Death Awards Unlimited if the debtor dies this is normally needed for the benefit of the debtor’s dependents.$0.0011 USC § 522(d)(11)(b) Homestead Exemption $27,900 per person on a deed. If you do not own a home you can use half $13,950 as a wild card for any propert...
Folks, You Can't Do It On Your Own. Earlier this Summer, I Called Brock& Stout. I had. Hospital Bills and Fees, BILLS. They helped me Get My Benefits& Back Pay. I was Even able to File Chapter 7 Bankruptcy& Make a Fresh Start! Now, I have the Very Best Doctor's@ Spencer ...