Filing Bankruptcy under Chapter 13 in Walnut Creek
When anyone files for Bankruptcy under Chapter 13, their purpose is to have the opportunity to repay the debts in their name. Unlike Chapter 7 which involves liquidation of assets, this process involves restructuring debts which allows the debtor to use whatever income they may have in the future to pay off the creditors. Filing […]
Detroit Bankruptcy Lawyers: Will Anyone Know I Filed For Bankruptcy?
For some reason, this is the most common question I get asked in the consultation. In the grand scheme of things, this is should be a minor or non-existent question as the purpose of bankruptcy is to get a fresh financial start in life, and not worrying about what other people may think. With that […]
Learn the Truth About Loan Modifications and Foreclosures
By detaining the process of Foreclosure, you can stay free from mortgage payments for your home beyond three years of time. There are plenty of homeowners who face the chance of foreclosure in recent times. Few of these home owners match the conditions to be eligible for support under the Mortgage Modification plans by President […]
Stop Massachusetts foreclosure : Yes,there are ways!
Is it that your recent financial condition is worrying you? Do you feel that your property is now on the brink of a foreclosure? Do you think that you are alone in this suffering? Well not at all because with the economic meltdown now there are many like you finding ways for filing Massachusetts bankruptcy. […]
Types of Securities Fraud and Related Information
When a broker influence many customers stock trading or other trading like securities without any concerns of them is called securities fraud. Stock fraud can be managed by any of single employee of the respective concern. Securities fraud can be occurred in different size of financial activities in billion dollar deals. Here are some examples […]
Find Honest Counsel with Law Office of Michael Levitis
Recently many debt settlement companies have come up that provide debt settlement services to all those who got caught in the net of debt and couldn’t payback due to ongoing recession in US. These debt settlement companies promise to get you the best deal and save your credit ratings but its always wise to […]
Detroit Bankruptcy Lawyers: Should I Sign A Reaffirmation Agreement?
Reaffirmation agreements are standard in bankruptcy. But before I can explain if you should sign a reaffirmation agreement, we need to understand exactly what a reaffirmation agreement is. A reaffirmation agreement is a contract created by your secured creditor for you to agree to continue making your regular payments on your debt. The reaffirmation agreement will only […]
California Bankruptcy Attorney
The process involved in a Chapter 11 bankruptcy filing differs from other bankruptcy actions in that the owner of the business acts as trustee and retains possession of the business’ assets. This situation is referred to as “debtor-in-possession”, with assets and operations remaining in possession of the business. Chapter 11 also empowers the debtor with […]
Can I Get Rid Of My Medical Debt In Bankruptcy?
This is a very common question we get asked all the time during our consultations, and we see plenty of people with high medical bills. So you are not alone. In fact, one Harvard researcher has stated that everyone in this country is just one medical bill away from filing bankruptcy. This should come as no […]
Detroit Bankruptcy Lawyers: What Is The Difference Between Unsecured And Secured Debt?
You have probably heard the terms “Unsecured” and “Secured” debt come up many times in your search about bankruptcy and probably wondered what those terms mean. You are not alone, as many of our clients are not sure what they mean or what they are. Once you read this post, you will realize you knew […]