bankruptcy lawyers

Bankruptcy And Child Support

Call: 888-297-6203 Your child support debt can get under control using chapter 7 or chapter 13 bankruptcy. The best thing is, to erase other debts in Chapter 7 so that you will have more money to pay towards your child support in the chapter 13 repayment plan. Even though child support is a non-dischargeable debt that you can't wipe out, you will have certain options like erasing your other debts in Chapter 7 and devoting more funds towards child support rearranging afterward or paying off child support over the three to five-year plan in chapter 13. Child support [...]

2023-03-30T09:58:17+00:00
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Will You Have To Include Your Corporate Credit Card When Filing For Bankruptcy?

Call: 888-297-6203 One of the major reasons to file for bankruptcy is credit card debts and it is understandable if you don’t want your employer to know about it. It all depends on the type of account you have and the employer’s policies. Types of corporate credit card accounts- If it is for travel expenses or for buying supplies then it might be one of these An authorized user account An obligor account.  The type of account will help you to know whether or not you should keep using it and if you should list it on the [...]

2023-05-19T07:33:41+00:00
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How To Rebuild Your Credits After Bankruptcy

Call: 888-297-6203 The biggest doubt with people is, once I file for Bankruptcy, what after that? Will they ever have a good credit score again? Well, let me tell you, Yes. Though not immediately, with time, you can build your credit score again. 1) What is the importance of Credit? Clients who go through Chapter 7 Bankruptcy once, don't want to look at finance agreements or credit cards again. However, having good credit is always important. It is a skill one must keep working on. 2 years after completion of your Chapter 7 case, you will be eligible [...]

2023-03-30T10:09:48+00:00
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Elimination Of IRS Through Chapter 13

Call: 888-297-6203 Tax liens on a property are often filed by the IRS. This lien is extended to all the property in the country. It is good for 10 years and it applies to your house as well as your personal property. 1) Can the IRS Tax lien be avoided in total? Take an example where the market value of the house is $400,000 and the first mortgage balance is $350,000 and the second mortgage balance is $60,000. In such a situation, the IRS lien can be avoided completely. 2) After deducting senior liens, if there is still [...]

2023-05-19T07:09:17+00:00
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How To Get A Home Loan After Bankruptcy?

Call: 888-297-6203 It is quite difficult for a person to take a home loan especially after filing for bankruptcy but it is not impossible, there are ways or rather steps you can follow and apply for home loans in no time. You have to re-build your credit rating- When you file for bankruptcy it affects your credit score and can stay up to ten years on your credit report, but this is not the end for taking a home loan. You can take home loans by rebuilding your credit scores. You can do that by taking a secured [...]

2023-04-19T12:22:20+00:00
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Why You Should File For Bankruptcy Now?

Call: 888-297-6203 One benefit we can get when filing for bankruptcy is the Automatic Stay, here your creditors are notified of your filing and are asked to stop all collection efforts. Signs that indicate that you should file for bankruptcy immediately- If unemployed for a long period- If you are unemployed for an extended period and have debts but cannot pay the creditors because you can’t even meet your living expenses. If your residential property is going into foreclosure- -The main benefit as told earlier is the automatic stay; here it will also stop your property from going [...]

2023-04-19T12:16:03+00:00
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Benefits Of Filing Bankruptcy

Call: 888-297-6203 1) Getting rid of your Debts Apart from some Taxes and student loans, bankruptcy allows you to eliminate most of your debts. This process is known as "discharge" by the bankruptcy court. Once a debt is discharged, no creditor can ever ask you to repay that debt. It means that you no longer o this debt to the creditor. If taxes are old enough, certain of them can also be discharged. In rare cases, even though discharging student loans is difficult, but can be done. 2) You can keep the assets you want. Depending on the [...]

2023-04-19T13:35:29+00:00
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Is Bankruptcy An Option For A Student Loan?

Call: 888-297-6203 Though difficult to discharge student loans, showing that the payment of debt will make it difficult for you and your family will help a lot. There are bankruptcy options for people with student loans. 1) Bruner Test The most common test used by courts to evaluate whether a particular student is facing undue hardship is Bruner Test. Though in recent times, the courts are looking for other options, by far the most used measure is the Bruner Test. This test requires : a) The debtor to show that neither they nor their family can survive the [...]

2023-04-19T11:53:45+00:00
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What Are Chapter 7 And Chapter 13? What Is The Difference?

Call: 888-297-6203 In this article, you will know what kinds of debts can be discharged under each and who is eligible for chapter 7 and who is eligible for chapter 13. Chapter 7? Chapter 7 bankruptcy is also called “ straight bankruptcy”. Here all your dischargeable debts are discharged, you just have to keep a list of debts you owe to each company and the list of your assets. There are assets called exempt property which include home, car, and anything essential to start a new life but here also there is a limit to the value of [...]

2022-04-05T07:34:11+00:00
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Your Options When You Cannot Afford Your Car?

Call: 888-297-6203 The past couple of years have been difficult for almost everyone. For example, suppose you had bought a vehicle and unfortunately lost the job. In that case, there can be considerable doubt regarding your options. Therefore, if you wish to keep your car and you cannot keep up with your payments, you need to contact the lender immediately to find out if any payment forbearance program is available which allows you to forego some payments. Apart from this, you should also find out from your former employee whether any insurance on your behalf (paid by the [...]

2023-04-19T11:36:03+00:00
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PAID ATTORNEY ADVERTISEMENT: Wajda & Associates is a law firm. This website is an advertisement. It is not a lawyer referral service or prepaid legal services plan. Each of the lawyers on this site are either Managers, Members, Partners, Limited Partners or staff attorneys. An attorney responsible for the content of this Site is Nicholas Wajda, APC. licensed in California, Texas, and Indiana with offices at 309 W 11th Street Anderson, IN 46016. To see the attorney in your area who is responsible for this advertisement, please  Click here.  Prior results do not guarantee a similar outcome.
We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.