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Busting Common Bankruptcy Associated Myths

There are many myths when it comes to bankruptcy; many of which are spread with a malicious intent of scaring debtors into filing for bankruptcy. However, most of them are just myths with no basis for truth. Bankruptcy Laws have been designed to offer people suffering from a severe financial crisis, a fresh financial start. Instead of believing everything you hear about bankruptcy, it is better to consult a good lawyer to sieve through the misinformation circulating around and filter the facts for you. Believing the myths will give you a wrong idea about bankruptcy that can cause [...]

2021-12-08T06:14:48+00:00

Dealing With Business Debt? Can Chapter 13 Bankruptcy Help?

Many people wish to turn entrepreneurs and often succeed in their endeavors too. However, not every business idea takes you to the zeniths of the sky, some fight falls flat and leave you with a huge debt to clear. In case you belong to the latter category, there is no need to worry if you are looking to reorganize your debts. U.S. federal laws have come up with Bankruptcy Code to help individual and organizations to overcome their financial losses by filing for bankruptcy under various chapters. Small business owners in need of financial assistance can consider Chapter [...]

2019-05-06T13:39:07+00:00

Are Bankruptcy Records Open for All?

Going through a really bad financial crisis can be really traumatic for people. However, bankruptcy laws are designed to help individuals and companies out of the financial mess, so that they can begin their new lives with a financially clean slate. Automatic stays and discharge of debts are a great help to individual consumers who have filed for bankruptcy under chapter 7 or chapter 13. However, despite various benefits like foreclosure defense, debt relief, and financial stability, there are many concerns amongst people regarding their future. Bankruptcy lawyers of Recovery Law Group , a Sacramento based law firm [...]

2019-05-06T13:38:52+00:00

A Concise Guide to Thriving Financially after Bankruptcy

No matter how indebted you were before, bankruptcy offers a chance to every individual and organization to start a fresh with a clean financial slate. However, one of the major concerns of most debtors is how to keep themselves afloat, steer clear of debt and prosper financially after their bankruptcy episode. Sacramento based law firm Recovery Law Group provides some excellent tips for you to flourish even after declaring and undergoing bankruptcy proceedings. […]

2019-05-06T13:37:48+00:00

The Best Way to Rebuild Your Credit Score after bankruptcy

Sometimes, one bad decision can be just the start of many such similar ones. Before you know it, you have amassed a bad credit score and huge loans which you have no means to pay off. This invariably leads to filing for bankruptcy which may seem like the end of the world. However, things couldn’t be farther from the truth as bankruptcy offers you a chance to wipe your slate clean. You could get rid of old debts which kept your credit score down and get a fresh financial start to rebuild your credit score. Bankruptcy and its [...]

2019-05-06T13:36:42+00:00

Taking Care of Student Loan Debt after Bankruptcy

If you are unable to pay off your creditors, filing for bankruptcy is one of the best options available. However, there are some financial obligations like student loan debt, some taxes, child or spousal support, etc. that survive bankruptcy filing unless you can prove that repaying them will become a huge financial burden. Can debtors actually get a fresh financial start, if they still need to pay student loans? If you ask Los Angeles based lawyers of Recovery Law Group law firm, the answer is yes. Tips to Manage Student Loan Debt after Bankruptcy The 1st and most [...]

2019-05-06T09:56:52+00:00

Trust Palm Beach County Property Management to Find the Best Tenants for Your Home!

Best is a term that is ambiguous when it comes to abstract nouns. Thus what is “best” tenant for you might not be for another, even your closest friend or relative. So it is “best” to say that you require a model or ideal tenants for your rental home. However, finding one is easier said than done. It won’t be incorrect to say that you are looking for the proverbial needle in a haystack. However, the work can become fairly easy when you trust professionals for this. Palm Beach County Property Management offers to take care of the [...]

2019-05-06T09:58:20+00:00

Should You Consult Wellington Property Management if Your Tenant Has Not Paid the Rent?

People often wonder whether they should trust a complete stranger like property manager or real estate agent to find the best tenant for your property; after all it isn’t their property to begin with. Well, you couldn’t be more wrong! Frankly speaking, there is a difference between the way amateurs and professionals work. No matter how passionate you are about your property or how driven you are to find the “best” for you, you simply cannot compare with the professionals. It is their bread and butter; the thing that provides them means to support their family. Nobody could [...]

2019-05-06T09:58:47+00:00

Shattering Common Myths about Bankruptcy

Money lending is an immensely monetary satisfying business. One of the major reasons why credit card companies and other private lenders thrive is because of the fact that people once used to live beyond their means are a golden goose. They ensure that you are always in debt so that they can make money off you. The biggest way to do this by making bankruptcy, which incidentally, is the best legal resort to get your debts waived off, as one the worst thing to happen to you. To dispel false ideas about bankruptcy, Sacramento based law firm Recovery [...]

2019-05-06T09:59:32+00:00

Bankruptcy Basis – How To Get Discharge in Bankruptcy?

Bankruptcy discharge varies on the type of bankruptcy chapter the case is filed under by the debtor. Bankruptcy discharge relinquishes a debtor from any personal liability for some specified types of debts i.e. a debtor is no longer legally bound to pay any debts that are discharged by the court. Since the discharge is permanent, creditors are prohibited from taking any action (legal action or communication with the debtor, letter, phone call, personal contact, etc.) for the collection of discharged debts. Though the debtor is not to be held personally liable for any discharged debts, a valid lien [...]

2023-01-12T08:34:44+00:00
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