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What is an Emergency Bankruptcy Filing?

Sawin & Shea

If you’re in an emergency situation such as wage garnishment, eviction, or pending repossession filing an emergency bankruptcy may be right for you. Contact a Bankruptcy Lawyer. Those filing an emergency bankruptcy receive an automatic stay even before completing certain documents. Filing for Emergency Bankruptcy.

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How to Stop Creditor Harassment

Debt Free Colorado

Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. Wage garnishment is a legal procedure where a creditor obtains a court order to withhold part of your earnings from your paycheck to repay a debt. This stops creditor harassment and wage garnishment for most debts. What is Wage Garnishment?

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits. Consult with a bankruptcy lawyer about what your debt negotiation options are. What Do the Various Kinds of Bankruptcy Entail? There are many intricacies that set Chapter 7 and Chapter 13 Bankruptcy apart.

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Dealing With Debt From COVID-19

Debt Free Colorado

You can work directly with the mortgage lender on a loan modification, or reach out to the Colorado Foreclosure Hotline for free assistance. The post Dealing With Debt From COVID-19 appeared first on Denver Lawyer Clark Daniel Dray. Guide to Coronavirus Mortgage Relief Options. Credit Cards.

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Bankruptcy Chapter 7 vs 13: Which Is The Best Option?

Debt Free Colorado

Short foreclosure protection – When your home is faced with foreclosure, the automatic stay is not in effect indefinitely. Complete protection from creditors – This includes wage garnishment and debt collection. The lender protects the borrower against foreclosure. The means test decides who can seek debt relief.

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What Is the Difference Between Chapter 7, 11, and 13 Bankruptcies?

Credit Corp

It’s typically a good idea to consult an experienced bankruptcy lawyer before you file a bankruptcy petition. Bankruptcy does have some benefits, such as potentially putting a stop to wage garnishments or foreclosures. So, talk to a lawyer and get the information you need to make the best decision in your case.

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Will I Lose My Retirement If I File for Bankruptcy?

Sawin & Shea

Chapter 7 bankruptcy also stops lawsuits and garnishments. Chapter 13 bankruptcy , or reorganization bankruptcy, stops repossessions and foreclosures to save your home or investment. It also stops lawsuits and garnishments. This amount changes every three years, so ask your lawyer for bankruptcy about the current limit.