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All You Needed to Know About Filing for Bankruptcy for a Second Time

In case you have been through rough financial weather, and have previously filed for bankruptcy, you do not have to worry if you find yourself in a bad financial situation again. Though bankruptcy helps you to get a fresh start, bills can start piling up again. Getting discharge previously does not mean that you cannot file for bankruptcy again. If you find yourself in a similar situation, it is important to know whether you can file for bankruptcy again in California. According to Los Angeles based law firm Recovery Law Group , it is possible to file for [...]

2019-09-18T11:25:43+00:00
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Why Do You Need Legal Guidance for Filing Chapter 7 Bankruptcy in Los Angeles?

Sometimes, debt reorganization, repayment plans, etc. are not enough to get rid of the overwhelming debt accumulated by people. For such individuals, Chapter 7 bankruptcy is the only solution available. This type of bankruptcy is also known as liquidation bankruptcy, wherein the non-exempt property of the individual is sold off and the money so generated is distributed among creditors. After this, lawyers of Los Angeles based law firm Recovery Law Group clarify that any remaining debts are discharged. Considering the complexity of cases, it is vital that you consult adept bankruptcy lawyers to help you out in Chapter [...]

2023-01-12T08:49:53+00:00
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What to Expect While working with a Bankruptcy Attorney?

Financial issues can be quite demanding and confusing at the same time. Though the law does not require that you be represented by a lawyer while filing for bankruptcy, it is often advised to do so. The reason for this is that bankruptcy petition filing or a 341 hearing is much more complex than just filling out a few forms. There is a lot more that a bankruptcy lawyer can help you with. Here’s looking at some of the advantages that having a bankruptcy lawyer brings to the case: Help determine which chapter of bankruptcy will suit your [...]

2023-01-11T12:18:57+00:00
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What is The Difference between Chapter 7 and Chapter 13 Bankruptcy?

Falling behind on payments can have drastic results. You are almost never able to come out of the vicious cycle of dues and payments. Bankruptcy can help you come out of grave financial situations. However, it can be quite confusing as there are a number of chapters under which individuals or organizations can file for bankruptcy. It is therefore important to consult a bankruptcy attorney to help you, who can guide which chapter will provide you better options. Bankruptcy lawyers, such as those of Los Angeles based law firm Recovery Law Group can help you understand the difference [...]

2019-05-20T09:43:30+00:00
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What you need to know about Chapter 7 and Chapter 13 bankruptcy

Infection, divorce, foreclosure, and process loss—nearly every person will revel in this sort of problems in some unspecified time in the future for the duration of their lifetime, or even several right away. if you’ve ever found yourself in this sort of state of affairs—or are in it now—you then realize that debt can pile up fast, fast putting a person or circle of relatives in a challenging monetary function. without a protection internet, it'd be tough for many to get a return on their ft. Bankruptcy affords a solution by using giving people saddled with good sized [...]

2023-03-15T09:23:26+00:00
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What Happens in Free Case Evaluation?

Living under constant threat of repossession or foreclosure is terrifying. There is no denying the fact that being under debt can hurt not just financially but also emotionally. In case you are undergoing troubled times where you are constantly at the edge due to insurmountable financial debt, working tirelessly to bridge the never-ending gap between needs and dues; you need to take control to attain financial freedom at the earliest. Consulting a bankruptcy lawyer can make you aware of any and all possible options open for you. Can Bankruptcy be the Answer to Your Problems? Many people with [...]

2023-01-12T08:48:54+00:00
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What are the Debt Settlement Solutions Available to Residents of Los Angeles?

Many times people find it difficult to make ends meet. The requirements keep on piling and money often falls short. This invariably leads to people in need of credit cards, which charge through the roof. The financial stress due to unpaid bills and accumulated debt can be quite frustrating. However, a solution in the form of bankruptcy is available. If you wish to avoid foreclosure and get your life back on track, you need to consult Los Angeles based bankruptcy attorneys of the law firm Recovery Law Group. What to Look for When Hiring Bankruptcy Lawyers? Taking new [...]

2021-12-08T04:56:11+00:00
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Bankruptcy is a Powerful Tool for Debtors

If you’re dealing with extreme debt troubles, submitting for financial ruin can be a powerful remedy. It stops maximum collection moves, inclusive of telephone calls, salary garnishments, and complaints (with a few exceptions). It additionally eliminates many kinds of debt, together with credit score card balances, clinical bills, personal loans, and more. However it doesn't stop all creditors, and it doesn’t wipe out all obligations. as an example, you’ll still need to pay your pupil loans (except you could show a hardship) and arrearages for child support, alimony, and maximum tax debts. examine on to examine more about [...]

2023-03-15T09:00:10+00:00
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Should You Opt for Bankruptcy Planning?

For most people filing for bankruptcy can be quite traumatic. However, if you are aware that it is the only legal option available to take care of the ever-increasing debts, then you can prepare for it. Bankruptcy planning can be quite helpful for your case. In case you are unaware of the provisions of the Bankruptcy Reform Act (2005) and how they may affect your bankruptcy case, you might need the assistance of bankruptcy lawyers such as those belonging to Dallas based law firm Recovery Law Group. Having a bankruptcy attorney by your side can help you with [...]

2021-12-08T04:52:13+00:00
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Protect Your Assets through Bankruptcy Exemptions in California

Non-payment of bills, especially those of credit cards, etc. can result in severe consequences ranging from threatening phone calls, letters to wage garnishments to legal actions. If you wish to protect your assets from going under the hammer, you need to consult bankruptcy lawyers to get you out of this mess. Unlike the myths associated with it, bankruptcy actually offers you a chance to reclaim your life while getting rid of the financial burden of debts. According to Los Angeles based law firm Recovery Law Group your individual circumstances determine which chapter of bankruptcy to choose. You can [...]

2023-03-22T08:25:50+00:00
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We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.