All You Need to Know About Chapter 13 Bankruptcy

Chapter 13 is a code which allows you to repay debts as per a payment plan over the next 36-60 months. The payment plan focuses on retaining assets and debt pay off from disposable income. Chapter 13 can be advantageous, but you need to know many things about the same. The in-depth details about Chapter 13 will be discussed shortly. Eligibility Chapter 13 bankruptcy has some eligibility criteria just like other criterions. Firstly, there is a debt threshold for secured and unsecured debt. You might want to know about the threshold at Recovery Law Group. If you exceed [...]


Evading Payments – Bankruptcy Fraud on the Rise

Though the bulk of the bankruptcy claims that have been filed in the last year in the United States have been for real reasons of overpowering claims, There has been a little number of fraud cases of bankruptcy too. Amongst the honest and hardworking Americans, There is certainly a subset of people who have put up credit card debts as they have withdrawn payments. There are also fraudsters who hide their individual assets so as to keep them from lenders and also use bankruptcy to hide their different types of fraud that they use to achieve a personal [...]


What Factors Should You Consider Before Choosing Bankruptcy Attorney in Los Angeles?

More often than not, bankruptcy is extremely frustrating. People are often at their wit’s end when they choose bankruptcy as an option. Choosing the best bankruptcy attorney or a law firm that has enough experience in dealing with similar cases can be an asset to your case. Since bankruptcy can have long term consequences, having an in adept legal counsel can help the case a lot. There is no dearth of bankruptcy lawyers in the city, however, it is often difficult to choose one from them. Having some tips available to help you narrow down possibilities can be [...]


Managing Debt Collection Businesses And Collection Law Firms

Call: 888-297-6203 If a situation like this arises what would you do ? You recently had a surgery, which required hospitalization for 3 night and to top it up, you had to pay the bill by your credit card as your insurance only partly covered the expenses. Due to the surgery, you had to take a 3 weeks break to recuperate, which was non paid. And on the first day back to work, your car broke down, adding up $1000 expenses on your card. Owing to the mental stress that you underwent, you may have slipped or missed [...]


Steps To Leave Behind Medical Debt In Bankruptcy

Call: 888-297-6203 Are you worried about your medical bills and contemplating bankruptcy? It's not just you. Medical debt is a problem for millions of Americans. But some might be curious about how our possible bankruptcy would be impacted by changes to the sorts of medical debt that are shown on your credit report. What you need to know is as follows: Medical Debt: What Sort of Debt Is It? If you have medical debt and are thinking about filing for bankruptcy, you need to know the distinctions between secured and unsecured debt. Having this knowledge might be useful [...]


What You Should Know To Prevent Bankruptcy Fraud

Call: 888-297-6203 If you're thinking of declaring bankruptcy, make sure you follow the proper procedures beforehand. In reality, adopting the proper precautions can help you stay away from fraud and typical blunders. What you need to know is as follows: What Is Bankruptcy Fraud, First? Fraud in bankruptcy cases may be accidental or deliberate. You might experience severe repercussions if you are proven to have been dishonest before or during the bankruptcy procedure. A federal grand jury recently indicted a Pennsylvania debtor for hiding assets throughout the bankruptcy process. This debtor hid an enormous fortune. The maximum term [...]


How Can Bankruptcy Help You In Your Debt?

Call: 888-297-6203 How New Bankruptcy Thresholds Can Aid in Your Debt Relief Are you dealing with debt and considering bankruptcy? There are new bankruptcy eligibility requirements that can make you eligible. Here’s everything you need to know: What is the Act to Adjust the Threshold for Bankruptcy and Technical Corrections? The Bankruptcy Threshold Adjustment and Technical Corrections Act was signed by President Biden on June 21, 2022 ( This measure modified the maximum debt that a debtor might have in order to qualify for bankruptcy protection under the small business reorganisation act. The debt ceiling is also raised [...]


What Are The Reasons That Can Lead To The Denial Of Chapter 7 Bankruptcy?

Call: 888-297-6203 Was Chapter 7 bankruptcy rejected for you? If so, you might be curious as to what comes next. You should first comprehend the potential grounds for denying your Chapter 7 bankruptcy.   So, what will result in a Chapter 7 being rejected? You can be found guilty of using fraud in your case if it is discovered that you concealed assets, transferred assets before filing, or provided inaccurate fair market valuations for your assets. Your bankruptcy petition will be rejected as a result of this. It is crucial that you discuss your financial status in depth [...]


What Are The Ways To Stop Harassment From A Medical Debt Collector?

Call: 888-297-6203 Are you being pestered by medical debt collectors? It's not just you. Medical debt is a problem for millions of Americans. There are several things you should be aware of before using your retirement or existing money. So what options do debt collectors have? Activities of Debt Collectors Each account, we may contact you up to 7 times per week. send you email validation alerts or give you that information over the phone. can electronically reach out to you in confidence. This includes sending you email, SMS messages, or direct messages (direct communications on social media) [...]


What Are The Basic Documents That Are Expected From One’s End In Bankruptcy?

Call: 888-297-6203 Are you sick and weary of managing your debt? Perhaps you've made the decision to see a bankruptcy lawyer about how filing for bankruptcy might provide you a financial new start. If so, you must be aware of the kind of documents needed for a bankruptcy case. Here are the things you'll need:   What Paperwork Do I Need to File for Bankruptcy? To prepare your file, your attorney will want a number of crucial papers from you. The bankruptcy trustee in your case may also ask for fresh or updated financial records. The following are [...]

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