Chapter 7 bankruptcyis a complete liquidation of a company’s assets to pay off debts and cancel remaining unsecured debts. At the end of the bankruptcy, the company goes out of business as it has conceded to the courts that it is unable to maintain its operations. The proceeds from the ...
Filing for bankruptcy is legal, and it helps to give people a fresh start.Answer and Explanation: Chapter 7 bankruptcy is filed when people have few assets to liquidate. This means that they have limited items of worth that could be returned or......
Chapter 7 Means Test: Median Income Test If your gross income is less than the median income for a family of your size, you may be eligible for Chapter 7 bankruptcy. On the other end of the spectrum, if your income is significantly over the median income for a family of your size, yo...
How long does a Chapter 7 Bankruptcy take and what can you expect A step-by-step explanation covering such topics as how your creditors will stop calling and harassing you, how you may be able to discharge older income tax liens, how to stop wage garnishments . . . How to file a ban...
Chapter 7 and Chapter 13 Bankruptcy Overview I’ve come across multiple individuals that are not happy with filing a Chapter 13 bankruptcy, and, oftentimes, this is due to a lack of proper explanation of the differences that exist between these two bankruptcy types. From what we observe, most...
When facing bankruptcy, seek the guidance of a skilled attorney. I am here to inform you of your options and help you work toward the fresh start you need.
Take your Pre-Bankruptcy Debt Counseling Class. STEP 3: CONTACT Contact Our Bankruptcy Attorneys to arrange to sign your paperwork. The following bankruptcy worksheet is a step-by-step explanation of the documentation needed and the process followed for the filing of a Chapter 7 bankruptcy & Chapt...
Chapter 7 or 13 may be the best option for you during these difficult economic times. Our Texas Bankruptcy Attorneys can help.
When you face financial hurdles, you need a skilled, compassionate Chapter 7 & Chapter 13 bankruptcy attorney. Call my firm – Hunt law Firm – in Dallas, Texas today.
For help with Chapter 7 or Chapter 13 bankruptcy, wills, and probate in Avondale, Arizona, call me at Treguboff Law, PLC today and schedule a free consultation.