Debt Settlement Attorney

Schedule C Of Bankruptcy

Call: 888-297-6203 Bankruptcy is a relieving prospect for people who want to come ahead from the financial trauma and start fresh. The Bankruptcy Code allows for some exemptions even during bankruptcy that helps in safeguarding the assets to have a sustainable living post-bankruptcy. The property or asset that the debtor wants to safeguard or prevent from liquidation, especially in Chapter 7 bankruptcy should be claimed as exempt on Schedule C. Know more about bankruptcy schedules and statements of financial affairs on https://www.recoverylawgroup.com/bankruptcy/. What is Schedule C? Schedule C is one of the forms that goes along with the [...]

2023-03-30T13:21:34+00:00
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All That You Must Know About Bankruptcy

Call: 888-297-6203 When an individual is lagging behind in bill payments (A huge sum) with no foresee of getting it cleared off soon, it is best to get a fresh start by filing for bankruptcy legally. Filing for bankruptcy helps you get rid of all your unsecured debts and also stops all collection calls by giving you an automatic stay. The individual who files for bankruptcy is known as the debtor. When you file for bankruptcy, you get- Discharge from most of your debts (exceptions are there) Prevent foreclosure on the property Buy time to catch up on [...]

2023-06-27T05:00:38+00:00
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Can I Lose My Rental Property On Filing For Bankruptcy?

Call: 888-297-6203 While filing for bankruptcy, though exemptions protect your house, your rental property (apartment, commercial space, etc.) might be under threat. Depending on whether you are filing for chapter 7 or chapter 13, the fate of these properties are decided, say lawyers of Los Angeles law firm (https://recoverylawgroup.com/bankruptcy/). Rental property in chapter 7 While filing for Chapter 7 bankruptcy, any property that is exempt (under federal or state laws) can be kept by the debtor. Most states allow homestead exemption up to a dollar amount while others might allow protecting the entire interest of the debtor in [...]

2023-03-16T11:40:19+00:00
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Steps To Get Lien Off A Title After Bankruptcy

Call: 888-297-6203 According to bankruptcy lawyers of Dallas based law firm (https://recoverylawgroup.com/bankruptcy/), you can either get your debts reaffirmed i.e. continue paying for them or get them discharged. Sometimes, lenders might contact the court prior to a bankruptcy filing and have a judgment against you. Sometimes, this might result in a lien against your property. When this happens, the property cannot be sold or transferred utill the lien is removed. Sometimes, even after getting the debts discharged through bankruptcy, you might still have a lien on the property. If this happens, you need to follow these steps to [...]

2023-06-26T07:20:20+00:00
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How To Get A Mortgage After Bankruptcy?

Call: 888-297-6203 Getting a mortgage after bankruptcy is difficult. However, if you control your finances and improve your credit history, there are chances that you can get a home loan if you are selective about applying for it. Lawyers of Los Angeles law firm (https://recoverylawgroup.com/bankruptcy/) say, that it might be sooner than later. Affect of bankruptcy on your credit score Once you opt for bankruptcy, you should know that it stays on your credit report for 10 years; sometimes even longer if the loan was for more than $150,000. Your credit score is affected by this as well [...]

2023-06-26T07:30:21+00:00
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You Should Consider Filing For Bankruptcy If You Owe A Lot Of Money

Call: 888-297-6203 Before you decide on filing for bankruptcy due to your unmanageable debts, it is important that you meet with a Licensed Insolvency Trustee (LIT). They will help to evaluate your current financial situation as well as provide you with multiple alternatives that you can take to get rid of your debts.  What to do if you cannot find a Licensed Insolvency Trustee (LIT)? Under circumstances when you are unable to find a LIT, you can take the help of OSB’s Bankruptcy Assistance program provided- You have previously tried to get in touch with at least 2 [...]

2023-03-21T09:13:25+00:00
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How To Determine If Chapter 7 Is For You?

Call: 888-297-6203 Chapter 7 is an extremely popular bankruptcy chapter. Many individuals, close to 85% in a survey, expressed their interest to file bankruptcy under chapter 7. The ability to safeguard basic assets using exemptions and discharge maximum debts seems lucrative to all. However, many people have a lot of misconceptions about chapter 7, which is why close to 70% of people who filed for bankruptcy under chapter 7 were not very happy or satisfied with the outcome. Know more about chapter 7 bankruptcy alternatives at https://recoverylawgroup.com/bankruptcy/. When is chapter 7 for you? Chapter 7 can just be [...]

2023-06-27T07:25:21+00:00
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Eviction From Rented Property And Bankruptcy

Call: 888-297-6203 Bankruptcy can assist in safeguarding home and preventing home foreclosures. But what happens when a filer is in a rented property? This is a tricky question and a very common one across potential bankruptcy filers. If you are current on your rents, then it shouldn’t be an issue to prevent eviction from your home or an apartment. But if you are not, then the landlord has every right to pursue a possession and eviction judgment from respective authorities. Bankruptcy has different consequences depending on whether a landlord has achieved a judgment of eviction and possession or [...]

2023-06-27T07:42:08+00:00
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All That You Need To Know About An Automatic Stay

Call: 888-297-6203 When an individual file for bankruptcy, an automatic stay is automatically put into effect. With the help of the stay, the debtor is no longer harassed by the creditors in terms of wage garnishment or collection calls. However, this is only temporary and can be pleaded by the creditors to be lifted as well. The function and working of an automatic stay An automatic stay is recognized under section 362 of the United States Bankruptcy Code. The filer does not need to apply for this separately. When they file for bankruptcy, it gets into effect automatically. [...]

2023-06-26T07:02:57+00:00
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Unique Things About Bankruptcy

Call: 888-297-6203 Most of the time, you might have heard about applying for bankruptcy but there are times when you can be declared bankrupt as well. There are many things associated with bankruptcy that are unique and unknown by many. It may not be so common appearance, but it can be helpful to know. Know more about bankruptcy and the aspects relating to it on https://recoverylawgroup.com/bankruptcy/. How can you become bankrupt? The high court can declare an individual bankruptcy on reviewing the bankruptcy petition, filed by any of the lenders. A group of lenders or an individual lender [...]

2023-03-22T09:51:08+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.