Transcripts Exemptions are assets that are protected in a Chapter 7 bankruptcy. Exempt assets can’t be sold by the trustee for the benefit of your creditors.
Can I transfer assets to someone else before I file a bankruptcy?
Transcripts Transferring assets to friends or family members prior to the bankruptcy filing is a bad idea. The bankruptcy schedules require you to disclose all transfers, the bankruptcy trustee will ask about transfers, the court can undo any transfers that are deemed to be fraudulent and if the court or the trustee finds out about … Continue reading “Can I transfer assets to someone else before I file a bankruptcy?”
How will a bankruptcy affect my credit?
Transcript A Chapter 7 bankruptcy stays on your credit for ten years, a Chapter 13 stays on your credit for seven years. Notwithstanding the fact that the bankruptcy still remains on your credit you still may qualify for an automobile loan or low money down FHA mortgage even with the bankruptcy still on your … Continue reading “How will a bankruptcy affect my credit?”
Get Rid of Your Financial Burdens with Assistance of a Chapter 7 Lawyer
Have you been pushed down the path of bankruptcy due to some unfortunate events? Do you want to manage everything seamlessly and go for a fresh start again? You will need a personal bankruptcy lawyer who fully understands Chapter 7 who can explain how you can do this properly. A chapter 7 lawyer can help … Continue reading “Get Rid of Your Financial Burdens with Assistance of a Chapter 7 Lawyer”
Why You Should Hire a Bankruptcy Lawyer
Unforeseen events can turn catastrophic in no time. Many times, those events destroy you financially, leaving you with almost nothing. As a business entity, you cannot just ‘walk away’. You have to declare bankruptcy, stating that you can no longer fulfill your financial obligations. That must be passed through an entire legal framework. You can … Continue reading “Why You Should Hire a Bankruptcy Lawyer”
Is It Feasible and Beneficial to File a Chapter 13 Bankruptcy Case?
Spiraling debts do not just pile up in your account books; they can add stress affecting everything in your life. Often, declaring bankruptcy can be your best option. You will need a chapter 13 lawyer to advise you on the process. How Does Chapter 13 Work? Theoretically, Chapter 13 of the bankruptcy code gives you … Continue reading “Is It Feasible and Beneficial to File a Chapter 13 Bankruptcy Case?”
It is a Good Time to File Your Case, as No Office or Court Appearances are Needed to Complete the Bankruptcy Process
We continue to staff our phones and office however face to face appointments are only made if absolutely necessary. Document review and signings are being conducted via Zoom or other video conferencing technology. Be assured, we can meet most of your needs by phone or video conference. Please contact us to make arrangements to drop … Continue reading “It is a Good Time to File Your Case, as No Office or Court Appearances are Needed to Complete the Bankruptcy Process”