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,...
He explained that Chapter 7 bankruptcy can be helpful for those who have little hope of organizing their debts for repayment. Chapter 7 could also benefit if you have limited income and are in a deep debt hole.However, Chapter 7 doesn’t provide an automatic “get out of debt completely”...
"Bankruptcy in the United States is a form of credit insurance," explained Michelle Clark Neely in Business Perspectives. "Bankruptcy rates are rising because more Americans are living closer to the financial edge. For a variety of reasons—a strong economy, easier credit, a desire to not ...
Chapter 7 & 13 Bankruptcy Cases Matching any written quote Imagine a life free from debt. Make an appointment » Need a Bankruptcy Attorney? If you are facing a large debt burden and would like to pursue your legal options - such as Chapter 7 Bankruptcy or Chapter 13 Bankruptcy - the pr...
Chapter 7 bankruptcy may be the best and quickest path to a fresh start for many seeking the protection of bankruptcy in San Jose. Contact us today for a free bankruptcy consultation!
“I can highly recommend the firm of Rubin & Associates, PC, in resolving any debt problems that anyone might be having. In my initial meeting with Mr. Rubin, he explained the bankruptcy process very clearly and thoroughly. Even though this was a very difficult time, Mr. Rubin and his st...
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...
Detroit Bankruptcy Lawyer Walter Metzen has helped over 20,000 Michigan residents regain control over their financial lives and Discharge their debt.
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...
Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.