The Chapter 7 Discharge: What Debts are not Eliminated?

Many people are familiar with the most common categories of debts that may be discharged in Chapter 7 bankruptcy. These include credit card account balances, medical bills, old utility and phone bills, and unsecured personal loans. What are not so well known, however, are the types of debts not eligible for discharge in Chapter 7 […]

Bankruptcy Confirmation: Chapter 13 Bankruptcy Information

Bankruptcy confirmation is required under the United States Bankruptcy Code for all debtors filing Chapter 13 protection. Commonly referred to as “reorganization bankruptcy”, debtors must submit proposed repayment plans at the time of filing or within 15 days of petitioning the court. The purpose of bankruptcy confirmation hearings is to ensure debt repayment plans adhere […]

Bankruptcy Attorneys: Reasons You Need A Lawyer When Filing Bankruptcy

Although hiring bankruptcy attorneys is not a requirement to file bankruptcy, going it alone can be the biggest financial mistake you will ever make. The new laws enacted under the Bankruptcy Abuse Prevention and Consumer Protection Act have made filing personal and business bankruptcy complex and complicated. One mistake could cause your bankruptcy petition to […]

Foreclosures Still On The Rise – How To Stop A Michigan Foreclosure Sale

According to RealtyTrac, the number of foreclosed homes in the United States rose 21% in 2009 to a record 2.8 million (Source: Business Week). This is a 120% increase from 2007. Michigan is no exception, ranking 8th in the country for foreclosure postings. You may be asking, how do I avoid a home foreclosure? Although […]

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 […]

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 […]

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