BN Lawyers

MARCH 23, 2020

Most creditors (lenders, suppliers, employees) will be aware of the distress facing the entire service industry. A lender may be willing to forbear payments in exchange for extending repayment out over an additional six-months to avoid forcing your business into bankruptcy. High Priority: Critical Vendors, Secured Lenders, and Lessors.

Bankruptcy 67

Bankruptcy Creditors Lender Lawyers 67

Sawin & Shea

FEBRUARY 28, 2024

Types of personal loans include: Installment Plan Payday Peer-to-Peer Lending Cosigner /Guarantor Debt Consolidation Variable Rate Fixed Rate During your bankruptcy proceeding, at least a portion of these loans will be discharged, whether you borrowed from brick-and-mortar or online lenders.

Personal loans 52

Personal loans Bankruptcy Chapter 13 bankruptcy Loans 52

Sawin & Shea

MAY 2, 2024

If you qualify for Chapter 7 bankruptcy, our attorneys can guide you through the process of eliminating unsecured debts, such as credit card balances, medical expenses, and personal loans, within a matter of months. Bankruptcy legal fees are an investment in finally resolving your debt for good.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

Burr Forman

SEPTEMBER 30, 2020

Atlanta Partner Erin Hewitt has been recognized as an “agent of change” in the American Lawyer Media publication of Georgia Trailblazers for 2020. Erin has experience in all aspects of complex secured and unsecured debt financings, corporate mergers & acquisitions, and various sophisticated real estate transactions.

Unsecured Debt 40

Unsecured Debt Acquisition Debt Financing Lawyers 40

Sawin & Shea

APRIL 12, 2023

In most cases, Chapter 7 rules protect assets that are classified as exempt at the time you file versus unsecured debt which is not protected. Unsecured debt includes things like credit card debt, medical debt, and personal loans. Chapter 7 looks at assets that you owned at the time you filed.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Sawin & Shea

MARCH 13, 2024

Once you prepare all necessary forms and complete credit counseling, you or your lawyer will file your bankruptcy petition. This means that a lender or creditor cannot recover the money you owe or take legal action against you. For instance, a mortgage lender cannot foreclose on your home while you undergo the bankruptcy process.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Chapter 13 bankruptcy Bankruptcy Collateral 52

Sawin & Shea

APRIL 17, 2024

The court will then order a bankruptcy stay — also called an automatic stay — that prohibits creditors and lenders from collecting what you owe. While Chapter 13 can negatively affect your credit report, lenders and creditors usually favor those who filed Chapter 13 compared to those who filed Chapter 7 bankruptcy.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Sawin & Shea

MAY 8, 2024

A cosigner is someone who agrees to be equally responsible for repaying a loan or debt if the primary borrower fails to make the payments. In the case of mortgage loans , a cosigner essentially guarantees that the lender will receive the monthly payments, even if the primary borrower defaults.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Lender Loans 52

Collection Industry News

SEPTEMBER 29, 2020

Secured lenders, whose long-term secured loans typically flow through the restructuring, will also enjoy the additional benefit of more economically viable borrowers emerging from Subchapter V. First, the total amount of secured plus unsecured debt may not exceed $7.5 To qualify, businesses must meet two criteria.

Bankruptcy 45

Bankruptcy Creditors Debtor Lawyers 45

Sawin & Shea

APRIL 10, 2024

Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Unsecured Creditor Debtor 52

Debt Free Colorado

MARCH 3, 2023

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. Through a legal process called bankruptcy, some people who are unable to pay their debts can start over financially, either temporarily or permanently. Those who are no longer able to pay their debts can, however, start over through a legal process.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52