Get to Know the Provisions of the New Bankruptcy Law

Copyright (c) 2010 Liz Roberts On October 17, 2005, the New Bankruptcy Law took effect. This new law is also known to legal experts as the Bankruptcy Abuse Prevention and Consumer Act of 2005. With this new law, important adjustments on requisites and procedures were done with regards to filing bankruptcy. A lot of consumers […]

Dallas Bankruptcy Attorney

If you are currently in a situation where you are facing overwhelming debt and the possibility of  foreclosure or repossession, a  Dallas Fort Worth bankruptcy lawyer at the Fears & Nachawati Law Firm may be able to help. We understand that dealing with these matters may be particularly complex and that your decisions in regard […]

Understanding Bankruptcy in Chicago

A Chicago bankruptcy lawyer can explain to you the different bankruptcy options to help you resolve your debt issues – including Chapter 7, Chapter 13 and Chapter 11 bankruptcy. Each bankruptcy alternative has various advantages and disadvantages and it is important to understand how each specific type of bankruptcy will affect your financial future. A […]

Filing Bankruptcy Filing Bankruptcy –

For folks seeking credit card debt relief a chapter 13 bankruptcy could possibly be the best and sometimes the only option. But, there are many caveats that all debtors should know before even considering filing a chapter 13 bankruptcy. This information will first, briefly review, the differences between Chapter 7 and 13 bankruptcy and will […]

Keeping Investment Property in Bankruptcy

Small business owners do this by opening a restaurant or boutique, but some choose to pursue real estate as a way of building wealth. But with the recent economic downturn, what happens to investment property if the owner has to file for bankruptcy? Can a debtor keep rental property if they are going through bankruptcy? […]

The Bankruptcy Processes in Canada

A debtor declares personal bankruptcy any time their economic situation leaves them with no other choices to repay and manage their debts. Throughout Canada a debtor must file for bankruptcy by using a bankruptcy trustee Montreal who is licensed with the Office of the Superintendant of Bankruptcy. The main purpose for declaring bankruptcy is usually […]

Can A Married Person File Bankruptcy Individually?

If so, what is the negative effect on the spouse? What if they’re both on the debt? What if they’re both on title to a house and on the mortgage? Notes: Yes, each individual can file bankruptcy (like taxes- wife, husband, or joint) Any joint debt becomes the responsibility of the non-filing partner. If a […]

Free Yourself of Dent by Filing Chapter 13 Bankruptcy

Filing bankruptcy is the last option one can resort to if one wants to get rid of debt that is crippling his lifestyle. Bankruptcy will definitely lead to a big scar on ones credit score but it can at least help people get rid of debt and get back life on track. Free bankruptcy services […]

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