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Chapter 7 Bankruptcy: What You Need To Know Before Filing

13 July 2020
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Bankruptcy is a way that can help people get out of debt that they won't be able to pay back. However, bankruptcy is often a bit confusing to people that are new to it, especially because of all the misconception and confusion with other forms. Here are some questions you likely have about using the Chapter 7 form of bankruptcy before you get underway with the legal process. Can You Keep Your Major Assets? Read More …

4 Advantages Of Filing For Bankruptcy

17 June 2020
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Bankruptcy is usually seen as a bad thing and has always had a stigma. It is something nobody ever wants to admit that had to do and nobody ever wants to talk about it. Bankruptcy does have its advantages and shouldn't be seen as a failure. Read on for a few advantages of filing for bankruptcy. 1. You'll Be Less Stressed There is a lot of stress in paying your bills, especially when you don't have a lot of money to pay your bills. Read More …

What Happens When Debts Get Discharged In Chapter 7 Bankruptcy?

29 May 2020
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Using Chapter 7 to alleviate your debt issues can help you obtain an improved financial situation. Through this branch of bankruptcy, you can receive a discharge of all your qualifying debts. When the court orders the discharge, you are no longer legally responsible for paying the debts. If you are wondering how this works in a Chapter 7 case, keep reading. Here are several things to understand about the discharge offered through Chapter 7. Read More …

What Assets Do You Get To Keep In A Chapter 7 Bankruptcy?

12 May 2020
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This is one question just about everyone wants to know the answer to. What assets can you keep in a bankruptcy, as well as what assets do you have to turn in or sell off during a bankruptcy? The answer isn't exactly clear, because every single person that files has a different financial situation. Someone else may have a lot of assets, whereas you may only have a house and a car. Read More …

3 Tax-Related Situations That Can Be Handled by an Attorney

23 April 2020
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Almost every working American is required to file income taxes with the IRS. Although most people don't experience any issues as a result of the paperwork they file, there is always the possibility that a tax-related issue can arise. It can be beneficial to partner with an attorney who has experience dealing with tax laws to resolve your tax problems as quickly and effectively as possible. 1. Audits Most taxpayers fear being audited by the IRS. Read More …
About Me
Bankruptcy Attorneys Can Help You Regain Freedom

When you have a large amount of debt and no way to pay it, you can start to feel like your freedom has been ripped away from you. With every debt collector that calls and every bill that comes in the mail, you feel more and more uneasy. Thankfully, there is a way forward. You can call a bankruptcy attorney and find out if declaring bankruptcy is an option. This will depend on your income, total debt, and what type of debt you have. Here on this website, you can learn more about the work of bankruptcy attorneys and how to proceed.

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