Chapter 7 bankruptcy is a legal process where a debtor's non-exempt assets are liquidated to pay off creditors. This type of bankruptcy allows individuals or businesses to discharge most of their debts, providing a fresh start. However, it may require the forfeiture of certain assets to satisfy...
Yes, it is possible to buy a house sooner than you thought 1,1058,450 Discharged FHA byjustbroke 08-27-2024, 05:50 AM Getting a job | Starting a business Bankruptcy is behind us, now let's discuss issues concerning jobs/employers or starting a biz ...
4. You might be more likely to buy a house or a car because the cost of financing them would fall, or you might be less likely to save because you earn less on your savings. 6. No. It is true that people who borrow to purchase a house or a car are worse off because it...
Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.
There are many car finance companies that lend to people right out of bankruptcy or after the meeting of creditors and will sometimes need court approval. The same goes for purchasing a house and finding a lender willing to give you a mortgage. I pledged my personal items to get a loan. ...
how to prevent you from losing your house or car and how to stop harassing collection calls. We are totally dedicated to helping people get a fresh financial start and we can help you. We will give you honest answers about how bankruptcy may help you and what other options you may have ...
(714) 433-7185 Free Consultation Joseph A. Weber is available to answer your questions about bankruptcy. For a free consultation, submit the form below. You may also call us at(714) 433-7185. Under the new law, Attorney Weber may be considered a debt relief agency. ...
I have been a Rochester, New York, bankruptcy lawyer since 1996, helping people in Rochester, Monroe County, and nearby counties, to file for bankruptcy under Chapter 7 and Chapter 13 of the Bankruptcy Code. My clients come from different levels of income and file for bankruptcy for many dif...
How much and how long you’ll be paying will be decided in court by you, the court, the bankruptcy trustee, and a bankruptcy lawyer if you choose to hire one. Here, your attorney helps you set a reasonable payment schedule that’s fair both to you and your creditors. Consumer ...
How Chapter 13 Bankruptcy Cases Are Administered After filing a Chapter 13 case, adebtor must file a Chapter 13 plan. The plan, sometimes called a wage earner plan, must propose to pay all of the debtor's disposable income into the plan for a period of 36 or 60 months – the payment ...