How Will Bankruptcy Affect My Credit Rating?
If you are considering a bankruptcy due to non-payment on debts, this is probably a moot point. In most cases people considering bankruptcy already have poor credit and bankruptcy will actually help improve your credit. To begin with, you must understand what your credit score is and why you need it. In reality your credit rating […]
Working With A Chicago Bankruptcy Attorney
The decision to file bankruptcy can be a difficult one, However, when you take the time to find an experienced Chicago bankruptcy attorney to help you navigate the complicated waters of bankruptcy, the path to financial freedom will be an easier one. Our experience and knowledge will help you understand the bankruptcy process in the […]
How to File for Bankruptcy: 3 Methods on How to File Personal Bankruptcy That You Must Know
How can you start with your bankruptcy? If you want to declare yourself bankrupt you have to start the bankruptcy process by filing the official bankruptcy forms. You need to know the various methods on how to file for bankruptcy. Your goal is to get the most inexpensive bankruptcy solution and save big money on […]
Six Reasons You Should Declare Bankruptcy
Over the years, many people considered bankruptcy a very bad thing. A few years ago, if you declared bankruptcy, you would be considered a dead beat. Today, that is no longer the case. For sure, this economic depression will make many Americans casualties of their finances. Even long time celebrity and actor Steven Baldwin (Movie […]
How to Defend Foreclosure in Nevada?
Defending Wrongful Foreclosure Actions in Nevada [Attorney Malik Ahmad is a Nevada Licensed attorney and anything here is not a substitute for qualified legal advice. This article is just an attempt to educate people and their issues.] Foreclosures in Nevada are on the rise, and our law office is contacted everyday by people from […]
Cheap Bankruptcy Lawyers – How to Quickly Find Them in 10 Minutes or Less
Are you planning to file bankruptcy but you’re not sure if you can afford to employ a lawyer? Everyone who is in bad debt problem would like to know how to find a cheap bankruptcy lawyer. Well, here’s how to do it in ten minutes or less. Online Resource #1: Use Yahoo! Local located in […]
How Long Does Foreclosure Take?
In Foreclosure Power of Sale Foreclosure vs. Judicial Foreclosure, how fast can the bank foreclose? First of all, most lenders will not begin foreclosure proceedings until a borrower is 3-6 months behind on their payments. Although missing a single payment is a default under the terms of most loan documents, lenders have neither the time […]
Property You Cannot Keep in Chapter 7 Bankruptcy
When filing for a Washington State bankruptcy, some types of property are typically non-exempt and can be used to pay at least a portion of the claims of creditors. Examples of non-exempt property include: cash and bonds (not part of a retirement account), investments over a certain amount, a second car (for single, non-married debtors), […]
The Primary Goal of Washington State Chapter 13 Bankruptcy
The primary goal of a Chapter 13 bankruptcy is to consolidate your debts and set up a manageable monthly payment. The plan is developed by undertaking an in-depth analysis of your current income, your current monthly expenditures, and your current debts. Chapter 13 bankruptcies are also often referred to as a “debt consolidation”, or […]
The Chapter 7 Bankruptcy Means Test
When you file a Chapter 7 bankruptcy petition, the means test is applied to make sure that you really need to file bankruptcy and that you aren’t “abusing” the system. That might sound confusing, but it’s in most cases a simple test, and the majority of debtors do ultimately qualify for Chapter 7 bankruptcy. The […]