Remove Garnishment Remove Lawyers Remove Unsecured Debt
article thumbnail

What Debts Can Bankruptcy Eliminate: Examples of Unsecured Debt

Debt Free Colorado

Understanding what debts bankruptcy can eliminate is important. This where knowing Colorado unsecured debt examples can be helpful. Unsecured debt is a type of debt that is not backed by collateral. In this article, we will explore the types of unsecured debts that bankruptcy can erase.

article thumbnail

Questions to Ask a Chapter 7 Bankruptcy Lawyer Before Filing for Bankruptcy

Sawin & Shea

If you’re struggling with debt and considering bankruptcy, speaking with a bankruptcy lawyer can help you determine your best options and give you some clarity on how the process works. At Sawin & Shea, LLC, our Chapter 7 Bankruptcy lawyers have helped clients just like you in the Indianapolis and surrounding areas.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Stop Creditor Harassment

Debt Free Colorado

Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. Quick Summary: Chapter 7 bankruptcy allows individuals to discharge most unsecured debts. Creditor harassment is any aggressive or threatening communication from a debt collector. What is Wage Garnishment?

article thumbnail

What Happens to My Personal Loan After Bankruptcy?

Sawin & Shea

In addition to unsecured personal loans, there are other types of unsecured debts, such as: Medical bills. Credit card debts. Unlike unsecured personal loans, secured loans involve some form of collateral that the lender can repossess if the borrower fails to make payments. Repossession deficiency claims.

article thumbnail

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

Debt Free Colorado

Chapter 7 is a disaster when it comes to secured debt. . Chapter 7 will not assist you if your primary source of debt is a mortgage, auto loan, or other kinds of debt. Additionally, not all unsecured debt is dischargeable under Chapter 7. The means test decides who can seek debt relief.

article thumbnail

5 Steps to Fight a Credit Card Lawsuit

Credit Corp

Consult a lawyer: If you are unsure how to draft your response or need help asserting defenses, consult a lawyer or a legal aid organization. Many provide free or low-cost assistance for debt-related cases. It dismisses unsecured debts such as credit card balances and can help resolve multiple financial burdens in one process.

article thumbnail

How Much Debt Is Needed to File for Bankruptcy?

Sawin & Shea

Whether you’re facing foreclosure , repossession, wage garnishments, or relentless creditor harassment, our expertise in bankruptcy law can offer the protection and relief you’ve been seeking. Bankruptcy legal fees are an investment in finally resolving your debt for good.