If you’ve decided to file for bankruptcy, your first step should be to consult an attorney. While it is possible to file without one, a qualified attorney is often important because bankruptcy has long-term financial and legal consequences. Your attorney can advise you on which type of bankr...
That is a long time period in anyone’s life and you should consider the alternative of filing Chapter 7 bankruptcy.Myth #5: I will lose my job (or not be able to get a new one) if I file for bankruptcy. Many times, an employer does not even find out about the bankruptcy…unless...
Both chapters provide for an automatic stay, and your outstanding debts will be discharged or erased after the bankruptcy proceeding is finalized. What are Some Actions that Creditors Can Take If I'm Technically Bankrupt? Creditors can file lawsuits against you that will provide them with various ...
If the amount of the exemption in your state is more than the value of the property, you can claim it as exempt property that can't be liquidated when you file for bankruptcy. If the exemption amount is less than the value of the property, you can't claim it as exempt. The type of...
If an individual fails a "means test" when filing for Chapter 7 bankruptcy and is unable to prove that their income is insufficient, they can file for Chapter 13 bankruptcy instead. (Courts are emphatic about this point because under Chapter 7, a person may not pay anything toward their deb...
【题目】What does the underlined word "bankruptcy" i n the first paragraph probably mean? A crash C diseases B moving D failure 相关知识点: 试题来源: 解析 【解析】 B 结果一 题目 What does the underlined word “bankruptcy” in the first paragraph probably mean? A crash C diseases B ...
What happens if I break my lease? 1:50 What happens if I file for bankruptcy? 1:42 What happens if I die without a will? 1:43 Should I rent or own property? 1:47 What happens if my debt goes to a collection agency? 1:58 ...
I avoided bankruptcy by using a medical bill negotiation service: KL Financial Services. They were able to cut half off of my medical bill. Byanon122312— On Oct 27, 2010 Will I lose my house if I file bankruptcy, chapter 7? Byanon48423— On Oct 12, 2009 ...
If you choose to file Chapter 15 bankruptcy, the case will be filed and managed from your country of origin. How to file for bankruptcy Filing for bankruptcy is a legal process with multiple steps. When you decide to file for bankruptcy, you first decide which chapter you are eligible for...
Can I file for bankruptcy? If you still can't repay your debts then you may have to file for bankruptcy, which would damage your chances of being approved for a loan for at least six years. One option that can be used to avoid the route of bankruptcy is an IVA – an individual volu...