bankruptcy attorney

Bankruptcy Attorney Suspended For Giving Bad Advice To The Client

Call: 888-297-6203 George Sadorus’ decision to hire a bankruptcy attorney over the internet proved to be harmful to him. He really should have heard the warning bells when his attorney had asked him to be dishonest with the Trustee about his inability to attend the 341 Meeting of Creditors. A paralegal had advised Sadorus that $8,000 which was there in his bank account would be exempt in the bankruptcy. Later, the paralegal did not inform the attorney about the account, and thus the attorney filed Sadorus’ case without disclosing $8,000 in his account. As soon as the attorney [...]


Importance Of Hiring A Bankruptcy Attorney

Call: 888-297-6203 Filing for bankruptcy is a complex process, especially for the ones who try to do it alone. Thus, it is extremely necessary and beneficial to have a Recovery Law Group attorney to successfully find your way through bankruptcy. A few reasons for this are: There are several calculations involved that need to be done correctly. It’s important for you to know the bankruptcy chapter that you qualify for. One way to do this is to complete a Means test, but it is a complicated thing to do. You will be required to know about the workable [...]


Bankruptcy Exemptions in Texas

Call: 888-297-6203 Despite bankruptcy being a federal process, you will be surprised to know that bankruptcy laws vary from state to state. Thus, knowledge about federal as well as state laws concerning bankruptcy is extremely important if you are considering bankruptcy as an option to get rid of your debts. Having experienced attorneys by your side, such as those of Los Angeles based bankruptcy law firm Recovery Law Group, can be an asset in such cases. In case, you are looking for debt relief options and want to know about your state bankruptcy exceptions, you can call 888-297-6023 [...]


What is Befitting for you- Chapter 7 or Chapter 13?

Each to his own’ rightly suits about the two bankruptcy laws. While both are good, which is apt for the client depends upon his situation - The type of debt, their financial situation and the resources with the debtor. A professional practitioner in bankruptcy can help the client in deciding which is best for their situation. For detail information about chapter 7 & 13, visit Recovery Law Group. Chapter 7  Chapter 7 bankruptcy law requires eligibility of the applicant. The applicant needs to prove his eligibility. For proving the eligibility for chapter 7, five factors are assessed. Budget [...]


Worried About Huge Debts? Bankruptcy Help is Available

Financial troubles can hit anyone anytime, however, this should not be the cause of worry for you. People have come out of worse conditions unscathed. According to Los Angeles based bankruptcy law firm Recovery Law Group, bankruptcy is one of the best ways to get rid of a huge amount of debts without causing much strain on your life. There can be several reasons why a person ends up accumulating large amounts of debts, such as bad financial decisions, unexpected job loss, huge credit card bills, sudden medical emergencies, etc. Irrespective of the reason, bankruptcy can help you [...]


When is The Best Time to File Bankruptcy?

The USA law council has designed Bankruptcy to leverage people succumbed in bad debts. People often take loans to finance a business, higher studies or for any personal work. When they take loans, they are clear of the payment strategy and follow judiciously. Apparently, people may face some problems, which may prevent them to clear loans. The loans may become huge and unmanageable.  Instead of panicking they can file bankruptcy. An experienced legal professional can guide and help them in the procedure. For help visit- Recovery Law Group. The word bankruptcy itself may scare most of the people. [...]


Want to Get Rid of Debts Hire an Experienced Bankruptcy Attorney

If you are facing financial issues and have accumulated a huge debt, hiring an expert bankruptcy attorney, can be the best way to get those debts discharged. Though bankruptcy helps get your unsecured nonpriority debts discharged, your credit history takes a hit. However, with time, you can rebuild your credit and improve your financial stability. According to Los Angeles based bankruptcy law firm, bankruptcy is the best legal way to provide you with a fresh financial start. However, all of this is possible when you have an expert bankruptcy lawyer by your side. Finding one is not [...]


Foreclosure and Bankruptcy

Foreclosure is a very stressful condition and it requires immediate assistance. Foreclosure is not always right and there can be scenarios when it can be easily prevented. A talk or a piece of advice from an experienced attorney can do wonders on most days. Log on to Recovery Law Group to reach out the best attorneys in town to help you or your friend out in case of a foreclosure. The consultation offered is not only confidential but is very professional too. Foreclosure basically means an exercise of a right by the lender to acquire, liquidate or sell [...]


Bankruptcy Trustee’s Role in Chapter 13

Chapter 13 bankruptcy involves the creation of a repayment plan through which the debtor pays off some or complete amount of their dues to the creditors over a 3 to 5-year time frame. The process is overseen and administered by the bankruptcy trustee appointed to the case. According to Dallas based bankruptcy law firm Recovery Law Group, the various responsibilities of a bankruptcy trustee in Chapter 13 include: Reviewing of bankruptcy papers Bankruptcy trustee reviews the forms filled by the debtor at the beginning of the case and verifies the information provided on the form with that on [...]


Social Security Benefits Retention and Bankruptcy

The retired citizens of the USA can enjoy the benefits of social security fund, although it may be a meager sum. Social security funds are a fixed amount that the USA Government obliges its citizens to enjoy after retirement. The social security fund is managed by taxes paid by the citizens. Social security fund is a fixed amount a retired citizen receives every month throughout their life after retirement.  This amount may be substantial, but it is of great help to people who are retired and helpless. Being an old retired person, with no secure income, any amount [...]

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