bankruptcy lawyers

Different Types of Bankruptcies

Call: 888-297-6203 Bankruptcy is one of the most sought out ways to get rid of unsecured debts that people have amassed over a period. Finding themselves in a financial soup can cause panic in people. Los Angeles based bankruptcy law firm Recovery Law Group, advises that there are a number of options when it comes to a bankruptcy filing. The most common chapters include Chapter 7 and Chapter 13. While the former is known as Liquidation Bankruptcy and involves the selling of the non-exempt property to pay your dues; the latter, also known as Wage-earner’s plan, makes sure [...]

2019-09-25T13:32:40+00:00
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Can a Discharged Chapter 7 Bankruptcy Affect Your Credit Score?

Call: 888-297-6203 Bankruptcy becomes public record and finds mention on your credit report, even after the discharge. In case of a Chapter 7 bankruptcy, since no loans are paid back, it is mentioned on your credit report for a duration of 10 years from the date of the bankruptcy filing. According to Dallas based bankruptcy law firm Recovery Law Group, when the bankruptcy filing is discharged, the credit report should be updated to show the status. This discharge status should be extended to include all accounts included in bankruptcy. The update should also be done by the lenders [...]

2019-09-04T09:58:21+00:00
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Bankruptcy Trustee Characteristics and Counter Approach

Bankruptcy trustee plays a crucial role by representing the debtor’s case in court. A bankruptcy trustee is delegated by the United States Trustee to closely examine the case to bring forth hidden assets of the debtor. The trustee investigates the debtor’s assets, funds and other resources that can be utilized to pay the creditor. In short, it is a government body that mediates between the debtor and the creditor to obtain the best results for both creditor and debtor. How can the debtor make his case strong? The debtor must abide by and cooperate with the Bankruptcy trustee [...]

2023-03-13T07:59:21+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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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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Are Bankruptcy Lawyers Adept at Handling Debt Relief during Divorce?

Divorce is a painful time. With emotions flying high, it is difficult to manage things. If coupled with bankruptcy, it can be a double whammy! Both divorce and bankruptcy involve finances and the situation might be related or independent. Sometimes, the bad financial situation can result in straining the marriage resulting in divorce, while at other times, divorce in itself might end up burning pockets. Whatever the situation, bankruptcy can be an ideal way to get rid of huge debts and begin life afresh for both parties. Are Bankruptcy and Divorce Connected? Majority of cases of divorce are [...]

2021-12-08T05:17:38+00:00
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Worried About Your Debt Problems? Trust Bankruptcy Lawyers to Resolve These Issues for You

Many people who are trying to make their ends meet while simultaneously struggling to pay their dues are often worried about how they are going to pass this phase. Since credit ratings are of huge importance, non-payment of dues will result in bad credit ratings which will make things worse. In case you are facing wage garnishments, worried about foreclosure, repossession of your vehicle, etc., then it is time to look for bankruptcy lawyers near me. One of the best Bankruptcy Attorney Los Angeles firm, Recovery Law Group is committed to helping out families and individuals who are going through a bad financial phase and [...]

2023-03-07T11:26:08+00:00
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Should I Keep My Car during Bankruptcy?

Bankruptcy is a name which often causes people to panic. This is so because most of the time, it is associated with the image of being thrown on the streets penniless. However, nothing could be farther than truth. More often than not, the financial situation of an individual is tight, which has led them to file for bankruptcy. Since financial problems can affect a number of areas of your life including your job, property, and vehicle, many people question whether it is appropriate to keep their vehicle if they plan to file for bankruptcy. […]

2019-05-06T10:13:11+00:00
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How to Stop Wage Garnishment And Collection Actions of Creditors in California

Time and again, bankruptcy lawyers such as those of Los Angeles based law firm Recovery Law Group reiterate that with a few exceptions (taxes, alimony, child support, student loan etc.) garnishment does not take place in states of California, Nevada and Texas unless a creditor has filed a case against you in a law of court and obtained judgment against you. In case they get a judgment against you, they need to file a request for garnishment which is issued to your employer. With this notice, your employer will need to provide your wages to the creditors at [...]

2023-06-15T07:07:34+00:00
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What are the Debt Relief Options for Small Businesses and their Owners?

Starting a business in uncertain times can go anywhere. Whether you reach the zeniths of success or taste failure, it is a matter of chance. The odds are stacked against you no matter which business you wish to start. A lot of financial capital, overhead expenses, and advertising are involved to make any business a successful venture. However, sometimes, business owners might find themselves struggling with these expenses, trying to stay afloat or make a profit. In case small business owners or start-ups are facing problems in managing their finances (personal or business) they might find themselves under [...]

2023-03-07T10:23:05+00:00
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888-297-6203

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309 W 11th Street,
Anderson, IN 46016
310-997-0471
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We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.