Bankruptcy can be one of the lowest points in your life. However, it shouldn’t stop you from starting fresh. With the help of our team at Segaul Law Firm, you can file for bankruptcy and pave the way for a new beginning. Chapter 13 helps you restructure your finances. This process mandates the debtor, you, … Continue reading “What is a Chapter 13 Means Test?”
Blog
Why Should You Consider Hiring a Foreclosure Lawyer?
Many times people purchase houses without considering the expenses and their financial position. If you default on your house payments, you stand a strong chance of losing your home. If you have been struggling to keep up with house payments, consult with a lawyer to stop the foreclosure process. The foreclosure lawyers at the Segaul … Continue reading “Why Should You Consider Hiring a Foreclosure Lawyer?”
How much of my debt do I have to pay back in a Chapter 13?
Your chapter 13 plan payment is based on your non-exempt assets and your income. The less assets you have, the less income you have, the less your payment will be. Most people who file a Chapter 13 only pay back a small percentage of their unsecured debts. If you’re considering filing for bankruptcy, I suggest … Continue reading “How much of my debt do I have to pay back in a Chapter 13?”
If I file bankruptcy, will they take my lawsuit settlement?
If you have a claim for personal injury or medical malpractice against a third party, a Chapter 7 bankruptcy trustee has the right to settle your claim and use the funds to pay your creditors. If you have a claim, you should consider filing a Chapter 13 so you remain control of the claim. If … Continue reading “If I file bankruptcy, will they take my lawsuit settlement?”
What debts can not be discharged by a chapter 7?
A Chapter 7 bankruptcy will not discharge student loan and most recent IRS debt. It is possible to wipe out all IRS obligations, but the rules are complicated and must be applied in a case-by-case basis. If you are considering filing for bankruptcy to wipe out IRS obligations, I suggest consulting with an experienced. bankruptcy … Continue reading “What debts can not be discharged by a chapter 7?”
Can I get a credit card again?
There’s no law against applying for credit cards after a bankruptcy. However, you may have to apply for a secured card to rebuild your credit or for a card with a very low credit limit. If you are considering filing for bankruptcy, I suggest Consulting with an experienced bankruptcy attorney.
What is the Maximum Income to Qualify for Chapter 13?
Are you struggling with piling debts? Do you want to start over? Do you plan to file bankruptcy and get the weight off your chest? Chapter 13 can be your way out of this stressful situation. Chapter 13 bankruptcy is a viable option for debtors who want to pay off their debts. If you have … Continue reading “What is the Maximum Income to Qualify for Chapter 13?”
How Can I File Bankruptcy with No Money?
The possibility of filing bankruptcy with no money seems bleak if you don’t know what you’re doing. You should know that the process of filing bankruptcy doesn’t always require you to have money to spare. Usually, people apply to bankruptcy courts to exempt themselves from the filing fee. Once they have been exempted, they can … Continue reading “How Can I File Bankruptcy with No Money?”
Why You Will Need a Personal Bankruptcy Lawyer
Individuals who are going to file for chapter 7 bankruptcy often ask if they can file it on their own. It can be quite tempting to file chapter 7 bankruptcy on your own, especially when you are in a financial crisis. You may be thinking why spend more money by hiring a personal bankruptcy lawyer … Continue reading “Why You Will Need a Personal Bankruptcy Lawyer”
Why You Should Hire a Plantation Bankruptcy Lawyer
If you have not been able to pay your debts for years or even months, then it is time you consider filing for bankruptcy. Individuals who are in debt and the ones who are experiencing financial crises often fail to realize that filing for bankruptcy may allow them to continue operating their business and keep … Continue reading “Why You Should Hire a Plantation Bankruptcy Lawyer”