Hiring A Bankruptcy Attorney For Peace Of Mind
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Back To School: Financial Education Classes And Bankruptcy
If you are thinking about making the big move and filing for chapter 7 bankruptcy, there are some additional actions required for filers since 2005. There are two financial education classes and they are mandatory; one must be completed before you file, and one must be completed before your discharge is final. To learn more about these requirements, read on. Why the need for financial education? The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, signed into law by President Bush, attempted to make filers more accountable for the state of their finances.
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Is Bankruptcy The Next Step For You?
No one looks forward to the day when they realize that their financial situation has gotten out of hand, but for those in this tough spot, the bankruptcy option can be the only way to deal with their situation. From the constant bill-collection calls and letters to the prospect of losing the roof over your head, the contemplation of bankruptcy signals a need for desperate measures. It's important to understand what bankruptcy can do for you and what could keep you from being able to file, so read on to learn more.
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Are You Falling Behind On House Payments But Getting A Bonus Soon? Contact A Lawyer
If you are behind on your mortgage and you know that you have your company bonus coming to you in a couple months, meet with a foreclosure attorney to see if you can get an extension on the payments you are behind. This may be the only way you can stop the foreclosure process and get ahead on your mortgage. There are some things you want to gather with you before you go to meet with your lawyer so they can quickly asses the case.
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3 Questions You Should Ask If You Are Considering Declaring Bankruptcy Due To Your Medical Bills
If you are considering declaring bankruptcy because you have extensive unpaid medical bills, it is important to speak with a bankruptcy attorney to determine your options as soon as possible. It will be helpful to be aware of the total costs of making that major change to your financial situation, which debts can be included in that request to the courts and which type of bankruptcy would be the most appropriate choice for your needs.
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Bankruptcy And Tax Debt: What Qualifies?
Bankruptcy is often associated with excessive credit card debt and past due mortgages. The average person doesn't typically think about high tax debt as a debt they can discharge under bankruptcy. Tax debts can be eliminated when you file for a Chapter 7 discharge; however, there is a certain set of criteria that must be met. If you are dealing with an overwhelming amount of tax debt, learn whether or not a Chapter 7 discharge can help you.
Hello, my name is Kiley, and if you have major debts and you're thinking about filing for bankruptcy, this is the blog you need to read. Two years ago I was very much in debt, and then I was laid off from my job. The only alternative I had was to file bankruptcy. I was very nervous about filing bankruptcy until I spoke with a bankruptcy attorney. The attorney explained the bankruptcy process with me in terms that I could understand. After the consultation, I felt much better. If you're considering filing bankruptcy, this blog explains the process so you'll know what to expect. I wanted to write this blog so that I could help other people who are in the same situation and to let them know how the process works.