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 […]
Foreclosure In Nevada: Myths & Mysteries
Foreclosure in Nevada? How, Whys, and Defense? By Malik W. Ahmad Attorney at Law [Malik Ahmad is a licensed attorney and admitted to practice to the Supreme Court of Nevada. Malik Ahmad is a solo practitioner and has his own law office in Las Vegas Nevada. Malik Ahmad is admitted to practice in all the […]
Tips to Stop Car Repossession in Arizona
Filing for bankruptcy can stop car repossession in Arizona and may even allow the filer to re obtain his car. The Chapter 13 Bankruptcy can stop repossession. If your car has been repossessed by a creditor and not sold by him when you have filed for Chapter 13 Bankruptcy, then the court can order the […]
How to Write an Economic Hardship Letter to Your Lender
How to Write An Economic Hardship Letter? By Malik Ahmad, Attorney at Law (No copy rights reserved: Use it extensively with your own revision at your own risk, just send me an email of acknowledgement. No legal advice is meant and provided here] [Malik Ahmad is a Las Vegas Attorney having his own law office. […]
Chapter 7 Bankruptcy Exemptions
Federal and state bankruptcy laws reflect the public policy value that no one should be deprived of all of their property. The federal bankruptcy laws, as well as the state laws where you reside, therefore, both allow for certain “exemptions.” Federal exemptions are the same for all bankruptcy filers nationwide, while state exemption limits vary […]
Writing a Loan Modification Hardship Letter
A financial hardship letter explains to your creditor why you are in financial trouble and requests a specific remedy to help you through the crisis. There are different reasons for writing a hardship letter, but the most common these days are: Requesting a loan modification or restructuring Requesting a short sale to avoid foreclosure The […]
Cheap Stocks > Best Stocks Under a Dollar Ready to Go Up – Cheapest Stocks List
BY.- http://www.MomentumStockPick.com A beginner usually feels very attracted to the stock market while for example discovering a good cheap stock that’s being reported in CNBC or the news program and watching it rise steady fast and make new highs from $0.10 to $0.70 in just 2 months. While learning about this successful news story […]
Arizona Bankruptcy: What Debts Or Bills Can Be Wiped-Out By Filing Bankruptcy?
Filing Bankruptcy in Arizona can discharge most but not all debts (see chapter 11 bankruptcy in Tuscon for more information). Bankruptcy can discharge: 1. Credit Card Debts or other unsecure debts2. Medical Bills3. Old Vehicle Repossession Debts4. Previous House or Apartment Evictions or Home Foreclosure Debts5. Payday Loans6. Co-signed Debts – if you co-signed a car, house, credit card debt for another […]
Filing Bankruptcy Might Be The Best Solution To Unbearable Debt
It’s easy for financial situations to get out of control. Sometimes it begins with the loss of a job, or the income level changes drastically. Or perhaps it’s the death of the primary wage earner in the family, or the rest of the family can no longer meet the obligations that were taken on previously. […]