This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A company that helps consumers file for bankruptcy protection has filed a lawsuit against the state of New York, alleging that the state is violating the First Amendment of the Constitution by requiring consumers to have a licensed lawyer represent them when defending themselves against debt collection lawsuits.
Many people struggle with asking for help from a mortgage modification lawyer when they truly need it. And in this case, contacting a mortgage modification lawyer will guarantee you find the best option for your unique situation. Questions to Ask Your Mortgage Modification Lawyer. Is bankruptcy a better option?
A common question we receive from those considering bankruptcy is how it impacts personal guarantees. If you’re considering filing for bankruptcy, you need to consult with a bankruptcy attorney before signing a personal guarantee. Does a Personal Guarantee Survive Bankruptcy? What Is a Personal Guarantee?
Filing your taxes and filing for bankruptcy are two things that can be confusing and challenging on their own. Filing your taxes after filing for bankruptcy is not as complicated as it may seem, and if you are still confused after doing some research, you can always reach out to a bankruptcylawyer.
For someone who’s pursuing Chapter 7 bankruptcy , this is especially important. Chapter 7 bankruptcies are liquidation bankruptcies, meaning non-exempt assets can be liquidated to pay your creditors back something. One of the most common assets that bankruptcy trustees seize is your tax refund.
If you are worried that people will know you’re filing for bankruptcy, let’s put your mind at ease. The widespread publishing of bankruptcy filings in local newspapers is a thing of the past. In fact, look closely at any bankruptcy notices that do appear in your local newspaper. Who Will be Notified About My Bankruptcy?
WHAT THIS MEANS, FROM RICK PERR OF KAUFMAN DOLOWICH: Litigating against pro se plaintiffs (those representing themselves without a lawyer) present both positives and negatives. In addition, because they do not have lawyers, the defendant is not subject to paying a plaintiffs legal fees if the defendant loses.
Birmingham, Alabama, August 19, 2021 – Burr & Forman LLP announces the inclusion of 184 of its attorneys among the Best Lawyers in America for 2022. One of the oldest and most distinguished legal directories, Best Lawyers conducts peer-review surveys to compile its annual list of top attorneys in a number of practice areas.
up to 62% of bankruptcies now include significant medical debt. Many people are turning to medical bankruptcy, which is a bankruptcy that wipes out all bills related to an expensive health situation. If you’re considering bankruptcy to deal with medical debt , here are some important things you should know. We Can Help.
Filing for chapter 13 bankruptcy can seem like a daunting task, but it’s often the right move for those who are facing foreclosure, repossession, or have exorbitant debts. If you’re thinking of filing for chapter 13 bankruptcy, you may have questions regarding how it will impact your credit score.
An emergency bankruptcy is a bankruptcy filing method that expedites the filing process to stop creditors and bill collectors from seeking debts from borrowers. Individuals can file an emergency bankruptcy, also known as a skeleton bankruptcy, under Chapter 7 and Chapter 13. When to File an Emergency Bankruptcy.
Bankruptcy is a smart, legal, and effective way to wipe out a mountain of old debts. There are many reasons why people resist bankruptcy, but some are based on fiction rather than facts. Maybe you’re avoiding bankruptcy merely because of a mistaken impression about it, so let’s clear things up. Assuming It Is Rarely Needed.
Filing Chapter 7 bankruptcy provides numerous Indiana residents with debt relief. If you’re considering filing for Chapter 7 bankruptcy, you need to know what types of property may be vulnerable, and how you may be able to keep all of your possessions. Indiana Chapter 7 Bankruptcy Exemptions.
Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. They fear that other people will find out about their bankruptcy and view them as financially irresponsible. There’s nothing wrong with filing for bankruptcy, but worrying about what other people will think is understandable. Trustee Program.
Many people hold misconceptions about filing for bankruptcy. Perhaps the most common misconception is the notion that filing for bankruptcy means that you lose all of your wealth and possessions. In this article, we discuss what exemptions you can expect and what you might lose when filing for bankruptcy.
If you’re struggling with crippling debt this holiday season, filing for bankruptcy may be your best option for getting your finances back on track. Here’s what you need to know about getting through the holidays during bankruptcy. Those who are about to file for bankruptcy should also avoid accumulating substantial debt.
Are you wondering how to file bankruptcy Chapter 7? Or if filing for bankruptcy is right for you? If you’re struggling with debt and considering bankruptcy, speaking with a bankruptcylawyer can help you determine your best options and give you some clarity on how the process works. What is Chapter 7 Bankruptcy?
Filing for bankruptcy is an important step for many individuals looking to overcome debts. Your investment real estate’s outcome depends entirely on whether you file for Chapter 7 or Chapter 13 bankruptcy. Investment Real Estate in Chapter 7 Bankruptcy. Investment Real Estate in Chapter 7 Bankruptcy.
Our BankruptcyLawyers are Your Local Legal Lifeline Are you looking for bankruptcylawyer in Denver, CO ? When considering bankruptcy, having an experienced attorney by your side is essential. Bankruptcy laws can be complex and are always subject to change. What is Bankruptcy?
When filing for bankruptcy, you can discharge certain types of personal loans, meaning that you’re no longer legally responsible for paying off the debt. If you’re considering filing for bankruptcy, you need to know what personal loans you can discharge and which filing method best suits your financial situation.
If you’re wondering “Can I file for bankruptcy without a lawyer?” The option to file for bankruptcy without an attorney, known as Pro Se bankruptcy, is available under the United States bankruptcy law. The answer is yes. However, it is crucial to consider whether this is a wise decision.
If you decide to file for bankruptcy, you must next decide which type of bankruptcy is right for you. Bankruptcy can be complex, and even a small mistake in how you file can substantially change the outcome of your case. In This Piece Understand the Types of Bankruptcy How Do You Know Which Bankruptcy Type is Right for You?
Meek have been recognized in the January 2022 issue of Lawdragon’ s “500 Leading Bankruptcy & Restructuring Lawyers” List. Lawdragon says, “The start of the pandemic brought expectations for mountains of commercial bankruptcy work. A good lawyer can make all the difference. ” Erich N.
The means test determines whether you qualify for a Chapter 7 bankruptcy, and how long and how much your plan payment is in a Chapter 13 bankruptcy. Under this new bill, current monthly income for bankruptcy no longer includes “any monthly compensation, pension, pay, annuity, or allowance paid.
After working for a law firm based in Norfolk, Virginia handling business bankruptcy, creditors rights, and civil litigation matters, I joined PRA Group, Inc. as Compliance Counsel. If you werent in this industry, what would you be doing?I
It seems to be a common misunderstanding, even among lawyers who are not bankruptcylawyers, that litigation in federal bankruptcy court consists largely or even exclusively of disputes about the avoidance of transactions as preferential or fraudulent, the allowance of claims and the confirmation of plans of reorganization.
If you find yourself saddled with more debt than you can reasonably pay off in a timely manner, you can always file for bankruptcy. But sometimes bankruptcy is the best way to get a new start so you can then stay on top of your finances, and with hard work, you can begin to turn your financial life around. About Bankruptcy.
Here are some of the basic elements of this form of bankruptcy that you should know. The goal of subchapter 5 is to make it easier for small businesses to seek reorganization bankruptcies. According to the United States Courts , it does this by cutting costs and facilitating the bankruptcy process. How does it work?
If you’re struggling with medical debts, we encourage you to contact medical bill lawyers to go over options to make your medical debt more manageable. In these situations, or if your medical debts have become overwhelming, you can declare bankruptcy. Bankruptcy Code. Contact Indiana BankruptcyLawyers.
Here’s what you need to know about getting a new loan and interest rate after bankruptcy. Why File for Bankruptcy with Rising Interest Rates If you’re struggling with overwhelming debts made worse by increased interest rates, you may want to consider filing for Chapter 13 bankruptcy. Usually, this is cents on the dollar.
Fortunately, Chapter 13 bankruptcy offers debt relief and a solution for stopping mortgage servicers from repossessing your home. Saving Your Home From Foreclosure Through Chapter 13 Bankruptcy Chapter 13 bankruptcy offers a solution if you’ve fallen behind on monthly mortgage payments. What Is an Adjustable-Rate Mortgage?
Are you considering bankruptcy? Bankruptcy is a challenging, life-altering experience. . If you are considering consulting with an attorney about your debt-relief options, it is essential to remember that each type of bankruptcy comes with its advantages and disadvantages. . Advantages of Chapter 7 Bankruptcy.
An experienced debt settlement lawyer at Luftman, Heck & Associates helps you explore your options. Our Cleveland bankruptcy attorneys analyze your situation to determine the best solution to get you out of debt and into financial freedom. The post Do You Need a Debt Settlement Lawyer?
When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy.
After you file for bankruptcy, it is illegal for your creditors to continue contacting you and asking for payments. If a creditor breaks the law, you can contact a lawyer to pursue a case against them. However, after you file for bankruptcy, your creditors must halt all contact and stop trying to collect payments from you.
Orlando, FL – June 24, 2021 – Burr & Forman announces that 19 of its Florida attorneys have been selected as 2021 Super Lawyers. Only five percent of the lawyers in the state are named by Super Lawyers, and no more than two-and-a-half percent are Rising Stars. Adrian Rust , Bankruptcy: Business.
Burr & Forman announces that 67 of its Alabama, Mississippi, and Tennessee attorneys have been selected for inclusion among Mid-South Super Lawyers for 2021. Only five percent of the lawyers in the state are named by Super Lawyers, and no more than two-and-a-half percent of the lawyers in the state are Rising Stars.
Indiana allows debtors to exempt assets when filing for bankruptcy up to a certain monetary amount, and that amount recently increased. In this blog, we’ll share the details regarding this exemption increase, the different exemption categories, and how these exemptions impact Chapter 7 and Chapter 13 bankruptcy.
Utilizing the collection tools allowed by law, our lawyers are ethical in their methods and innovative in their debt collection strategies. Debtors may dissipate assets or file for bankruptcy, leaving you with little recourse. Mistake #1: Failing to act promptly One of the biggest mistakes is delaying action. This is where we can help.
Rick Steinberg presented a webinar to the Transportation Lawyers Association on February 16, 2023 entitled “Keep on Truckin’ Even After a Catastrophic Accident: Subchapter V as the Last Line of Defense.” Rick is the Chairman of the TLA Bankruptcy and Creditors’ Rights Committee.
If you’re struggling with overwhelming tax debts, you should consider all of your financial options , one of which is filing bankruptcy Chapter 13. Does Bankruptcy Clear Tax Debt? Some debtors can eliminate tax debts by filing bankruptcy Chapter 13 or Chapter 7, but it’s important to know what tax debts are eligible for discharge.
Our BankruptcyLawyers are Your Local Legal Lifeline Are you looking for bankruptcylawyer in Denver, CO ? When considering bankruptcy, having an experienced attorney by your side is essential. Bankruptcy laws can be complex and are always subject to change. What is Bankruptcy?
Creating a Life Free From the Burden of Unpaid Debt Bankruptcy can be a way out for many people struggling with debt. Understanding what debts bankruptcy can eliminate is important. In this article, we will explore the types of unsecured debts that bankruptcy can erase. Some debts stay with you even after bankruptcy.
You’ve undoubtedly heard of bankruptcy. Some people swear they’ll never file bankruptcy, while others regularly use it as a tool. Our competent bankruptcy attorney at Dray Legal can explain this in more detail. Our competent bankruptcy attorney at Dray Legal can explain this in more detail.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content