What Bankruptcy Cannot Do

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If you are spending more than you are saving and have more debts than you can successfully pay in your lifetime, filing for bankruptcy may serve you well. The procedure is governed by a federal law known as the Bankruptcy Code and it can go a long way in helping you get back on your… Read more »

Will Bankruptcy Ruin My Credit Forever?

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Your Bankruptcy and Credit Score Declaring bankruptcy is a difficult and challenging decision because it comes with several repercussions and financial instability. Declaring bankruptcy will immediately have a negative effect on your credit score. However, when you are facing financial turmoil, declaring bankruptcy under Chapter 7 or Chapter 13 is a better option than continuing… Read more »

How Bankruptcy Lawyers Can Help their Clients

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Bankruptcy is a complex process, and even the simplest of cases can entail several complicated procedures, such as submission of several forms, learning about legal technicalities and complying with local court regulations. A simple mistake can halt the process, jeopardize your case, and even lead to adverse ramifications. Therefore, it can be highly beneficial to… Read more »

Using Bankruptcy as A Foreclosure Defense

Posted by & filed under Bankruptcy Attorney, Foreclosure Defense Lawyer.

A homeowner suffering from financial hardships may find it difficult to make their mortgage payments, which may cause complication with the lending institution and possibly lead to a foreclosure. However, the law provides legal rights to homeowners to present their case before the process of foreclosure process begins. Thus, an individual facing the threat of… Read more »

Why Should You Not Delay Your Bankruptcy?

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Filing for bankruptcy is an important decision in one’s life. When people find themselves unable to repay their debts, bankruptcy seems like a viable option to de-escalate the situation. The ultimate objective of filing a bankruptcy is personal discharge from financial obligations. Discharge refers to a permanent order issued by the bankruptcy court which relieves… Read more »