Why The Type Of Bankruptcy Matters
Posted on:
22 December 2022
When bankruptcy lawyers talk with potential filers, one of the first issues usually covers what type of filing is necessary. Choosing might not seem like a huge problem, especially given you can only pick one of two types. However, you should discuss the choices with a bankruptcy attorney before filing.
Two Types
First, you should understand what the two kinds of bankruptcy cases are. These are liquidation and restructuring cases. Liquidation is what people generally know as Chapter 7.
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5 Ways A Bankruptcy Attorney Can Protect Your Cash Accounts
Posted on:
25 May 2022
If you're thinking about filing for bankruptcy, you may have questions about how the process will affect your cash accounts — i.e., your checking and savings accounts, CDs, etc. Your bankruptcy attorney can help ensure that your money and property are safe during the proceedings, either by placing them in what's called an exempt account or by structuring them so that your creditors won't touch them during the proceedings. Here are five ways a bankruptcy attorney can protect your cash accounts during the bankruptcy process.
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4 Ways To Help Your Chapter 7 Bankruptcy Case Run Smoothly
Posted on:
1 December 2021
If you decide to seek professional help for your debt problems by visiting a bankruptcy lawyer, you can learn a lot about your options. Choosing Chapter 7 bankruptcy is one option to find the relief you need, and it can help a lot. If you decide to use bankruptcy, you might wonder what you can do to ensure that the case runs smoothly. Here are four ideas of things that you can do to ensure a smoother bankruptcy case.
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A Breakdown of the Chapter 7 Bankruptcy Process
Posted on:
8 July 2021
Are you ready to ask an expert to help you with your financial issues? If you are drowning in debt and cannot get out yourself, you might want to visit a bankruptcy lawyer. A bankruptcy lawyer can review your financial situation to see what options might work well for you. Chapter 7 is one of the best options for getting out of debt, and here is a breakdown of how it works.
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