Chapter 7 bankruptcy does not protect co-signers from being pursued by creditors. If a debtor’s loan or debt has aco-signer, the creditor can still seek repayment from the co-signer even after the debtor’s obligation is discharged. In addition, filing for Chapter 7 bankruptcy is a matter...
Some high earners may not qualify for Chapter 7 if their debts are primarily consumer debts. With the help of experienced bankruptcy lawyers, most people who want to file Chapter 7 can do so. Chapter 7 is generally the simplest and quickest form of bankruptcy and is available to individuals,...
Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.
Although you can file for bankruptcy more than once, Chapter 7 bankruptcy rules allow a discharge only once every eight years. Thus, a debtor cannot regularly file for bankruptcy to continue discharging debts as she accumulates them. Mandatory credit counseling helps debtors learn skills to avoid g...
Chapter 11 Bankruptcy Explained Chapter 11 is a bankruptcy proceeding where the court may appoint a trustee and committee of creditors to work with the defaulting borrower to rehabilitate the business. During the process of a Chapter 11 bankruptcy, the debtor maintains possession of the business and...
Filing for Chapter 12 bankruptcy protection provides relief from creditors, but it also comes with numerous rules. The Automatic Stay Anautomatic staygoes into effect when a farmer or fisherman files for Chapter 12 bankruptcy, just as with all other bankruptcy cases. The stay prohibits creditors fr...
Filing for Chapter 12 bankruptcy protection provides relief from creditors, but it also comes with numerous rules. The Automatic Stay An automatic stay goes into effect when a farmer or fisherman files for Chapter 12 bankruptcy, just as with all other bankruptcy cases. The stay prohibits credit...
Experienced Chapter 13 Bankruptcy Lawyers at Massachusetts Bankruptcy Firm. Get debt relief and financial stability. Free consultations available. Contact us today!
Experienced Chapter 13 Bankruptcy Lawyers at Massachusetts Bankruptcy Firm. Get debt relief and financial stability. Free consultations available. Contact us today!
Experienced Chapter 13 Bankruptcy Lawyers at Massachusetts Bankruptcy Firm. Get debt relief and financial stability. Free consultations available. Contact us today!