Posts Tagged ‘bankruptcy attorney near me’
Declare Chapter 13 Bankruptcy To Help With The Economic Downturn (Coronavirus)
Declare Chapter 13 Bankruptcy To Help With The Economic Downturn (Coronavirus)
1) Create A More Manageable Debt Repayment Plan
2) Stop Foreclosure
3) Prevent Repossession
4) Stop Collection Efforts / Wage Garnishment
5) Discharge Unsecured Debts
Chapter 13 Bankruptcy Will Prevent Repossession Of Your Vehicle
Chapter 13 will prevent your vehicle from being repossessed. As soon as you file a Chapter 13 you get the benefit of the “Automatic Stay” which is a mechanism created by the Law that immediately stops all collection efforts.
Read MoreHow Will My House/Mortgage Be Treated In A Chapter 13 Bankruptcy? – 4 Things To Know
1) Pay Your Regular Monthly Mortgage Payment
2) Pay Amount You Are Behind On Mortgage
3) Option: Surrender House And Discharge The Mortgage
4) What If Your Home Has No Mortgage?
4 Common Mistakes Made During A Bankruptcy
1) Incur Debt
2) Withdrawal From Retirement
3) Transfer Property
4) Failure To Disclose Change In Circumstances
4 Common Myths About Bankruptcy
(1) “I Will Lose Everything If I File A Chapter 7 Bankruptcy” – WRONG;
(2) “Bankruptcy Will Permanently Ruin My Credit” – WRONG;
(3) “Everyone Will Know That I Have Filed Bankruptcy” – WRONG;
(4) “It Is Too Late To File Bankruptcy” – WRONG
7 Things To Give Your Attorney To See If You Qualify For Chapter 7 Bankruptcy
(1) Paystubs
(2) Expenses
(3) Tax Returns
(4) Assets
(5) Debts
(6) Household Size
(7) SOFA
4 Things You Should NOT Do Before Filing Bankruptcy
(1) Transfer Property/Assets
(2) Incur Debt
(3) Pay Unsecured Debt
(4) Pay Off Secured Debt
Chapter 7 Bankruptcy – 3 Things To Know
(1) Wipe Away Unsecured Debt (i.e. Credit Cards, Medical Bills)
(2) Manage Secured Debt (i.e. Mortgage, Car Loan)
(3) Quickly Receive Your “Fresh Start”
Chapter 13 Bankruptcy – 4 Things To Know
(1) Monthly Payment Plan
(2) Length: 3 – 5 Years
(3) Keep All Of Your Assets
(4) Discharge Debts