Thursday, April 1, 2021

Chapter 7 Bankruptcy Pros and Cons in a COVID-19 World

https://www.youtube.com/watch?v=kKInIOM9QAc




Electronic Case Filing for Bankruptcy Attorneys

The basics of Case Management-Electronic Case Filing for bankruptcy Attorneys. Find out more about what is CM-ECF and how it is used by your attorney.

Chapter 13 Bankruptcy Information

If you have debts that you want to pay but don't see any way to get them paid off then you really need chapter 13 bankruptcy information. While bankruptcy should be a last resort, this solution can provide you with a court designed repayment plan that will benefit both you and your creditors.

Bankruptcy: The Bogeyman of Personal Finance

Striking fear in the hearts of all indebted consumers, something lurks in the dark, waiting to swallow the financial future of recklessly spending and poorly investing adults. It's not the bogeyman - it's bankruptcy.

Non-Uniformity of Exemption Laws When Filing For Bankruptcy

Many people filing bankruptcy today question the uniformity of the bankruptcy laws. In the US Constitution, Congress was authorized to create laws that were uniform, in regards to bankruptcy, throughout the entire United States. Every state still has its own laws that have an impact on someone filing for bankruptcy.

The Card Act of 2009 And Its Effect On Filing Bankruptcy

Back in 2009, Congress passed a new law called the Credit Card Accountability Responsibility and Disclosure Act of 2009. This bill, otherwise known as the Card Act of 2009, was created to further regulate credit card companies and the interest rates they charge. The idea behind the law was to stop credit card companies from raising interest rates without notice and charging fees for inactivity.

Is It Smart To File Bankruptcy Online?

You can file bankruptcy online but that doesn't necessarily mean you should do so. It's still a fairly complicated process, but here's a closer look at what you can expect should you decide to go this route.

How to Avoid Bankruptcy in Small Business

Bankruptcy is something that most people try to avoid, especially businesses. Not only does it adversely affect the creditworthiness amongst financial institutions, it also affects its future business as well. It is perhaps for this reason that bankruptcy is one of the most dreaded terms in business.

Redeem Your Car in Bankruptcy

This article discusses how to redeem your car through bankruptcy. It also discusses the general principal of redemption under the Bankruptcy code.

Automatic Stay Violations in a Bankruptcy Filing

Since back in 2005 when the bankruptcy code changed, the U.S. Bankruptcy Court system has seen a steady increase in those filing for bankruptcy. Back when the change took effect there was approximately a half million people filing bankruptcy every year.

Chapter 7 Bankruptcy: From Start to Finish

A step by step guide to the overall process of filing for a Chapter 7 Bankruptcy. What you need to know before you file.

Credit Card Debt - Eliminating It Through Chapter 7 Bankruptcy

Credit card debt is a big reason many people seek out bankruptcy. It is not uncommon for people to come visit with me who have $100,000 or more of credit card debt. After a job loss, reduction in pay, or unexpected medical expense many people turn to credit cards to compensate for increased expenses or decrease in income. The good news is that most credit card debt can be eliminated or "discharged" through the bankruptcy process.

How Can Chapter 7 Bankruptcy Help For Debt Relief?

Filing a chapter 7 bankruptcy helps you to get rid of your debt by selling your non-exempt property and using the funds to pay off your outstanding balances. Through which you need to handover all non-exempt property to a court appointed trustee. Then the trustee will sell those properties to repay your debts.

Buying a House After Bankruptcy Is Possible

Many people have always been told that if a person files for bankruptcy their credit will be ruined, and they will never be able to do things like buying a house. These statements are utterly and completely false. The truth is that buying a house after bankruptcy is a possibility.

Get Rid of Some IRS Garnishments With Bankruptcy

The IRS is quick to garnish peoples paychecks when they owe back taxes that they just cannot pay. When these garnishments happen you are forced to give up some of your pay before you even see it, leaving you less money to pay your other debts with.

Has The Definition Of Bankruptcy Been Changed By Congress?

With many people filing for bankruptcy, creditors and debtors alike have been asking the question, what is the true purpose of bankruptcy? Congress originally stated that bankruptcy was created to give debtors a "fresh start". Many people are questioning the true purpose of bankruptcy because of the large amount of changes to the bankruptcy code over the recent years.

https://bklaw.attorney/chapter-7-bankruptcy-pros-and-cons-in-a-covid-19-world/

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