Articles, tagged with "filing chapter 7", page 6
01st July 2009
The bankruptcy Reform Act in 2005 created some important changes for anyone trying to file personal bankruptcy. Some bankruptcy lawyers refer to this law as barf (bankruptcy abuse reform fiasco) because it was regurgitated by Congress in an effort to mak...
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Author:
Cecilia Rodriguez
28th June 2009
These days many Americans face the unfortunate necessity of having to declare bankruptcy because they cannot pay their overwhelming debts. Hiring a good bankruptcy lawyer is a must, especially when you consider the recent changes in the statute and how m...
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Author:
Cecilia Rodriguez
04th June 2009
When people are having financial difficulties many turn to the Internet to try to diagnose and treat the problem on their own. Many people will find information regarding the Means Test, which is requirement for filing Chapter 7 or Chapter 13. It is the...
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Author:
Marrs and Terry, PLLC
14th May 2009
If you own a business that is registered as a partnership, and you find yourself in the position of having to file for personal bankruptcy protection, what happens to your business? Does personal bankruptcy have to mean small business bankruptcy as well?
...
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Author:
Jay Fleischman
07th May 2009
If you're considering filing Chapter 7 bankruptcy, you're probably wondering how long the process will take - after all, you want to get on with your life and make a fresh start, so you're in a hurry to get the stress and worry of debt behind you as quic...
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Author:
Jay Fleischman
21st January 2009
It is sad but true that bankruptcy is a sure-fire way to stop mortgage foreclosure on your home. That being said, you do need to know what you are doing and you do need competent legal help to make it happen. Not everyone qualifies for bankruptcy and you ...
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Author:
Jill Borash
12th January 2009
Chapter 7 Bankruptcy is the Chapter under the Bankruptcy code that requires "liquidation". Liquidation is the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors. In order to qualify for Chapter 7 you must be an individ...
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Author:
cpeter05
31st October 2008
The road leading up to bankruptcy is hard. It is a time of emotional turmoil and distress, so understandably making decisions during this time is difficult. If you are considering filing Chapter 7 bankruptcy, here are a few things that will help make your...
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Author:
DebP
15th September 2008
At some point in your life, you may need bankruptcy advice. Although it is not something you may not like to consider, there are times in life when bills become more than you can handle and you have no other alternative but to file bankruptcy. Therefore...
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Author:
Jon Arnold
08th September 2008
Chapter 7 bankruptcy, also referred to as "liquidation bankruptcy" is a way to eliminate your current debt and get creditors off of your back. If you are behind on your current bills and have debt collectors continuously harassing you, then you may want ...
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Author:
Jon Arnold
25th July 2008
The only way to cut down all your tensions against non-repayable debts and financial stress is by filing bankruptcy. However, filing bankruptcy badly affects the credit points of the person. Therefore, one has to choose the debt consolidation method acc...
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Author:
Jennifer
24th July 2008
You might be wanting to file for bankruptcy when your credit starts to cave in around you. When it becomes so bad that you cannot seem to get your head above water. If you are considering this as a viable option, you are not alone. Many people consider fi...
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Author:
Jon Arnold
25th February 2008
When is the right time to file personal bankruptcy? This is a personal question that must be answered on a case by case basis. My general thought is that if a person can bail himself out of debt within a period of six months, he should not file a bankru...
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Author:
David Siegel
22nd January 2008
When filing for bankruptcy, it is important to consider whether the debt you owe is a secured debt or an unsecured debt. The court's ruling will depend on what specific type of debt you owe to your creditors.
How does a secured debt differ from an unse...
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Author:
14th November 2007
When an individual consumer, not a business or corporation, is looking to file for bankruptcy, it is almost always most appropriate for them to either file under Chapter 7 bankruptcy law or Chapter 13 bankruptcy law. The majority of consumer bankruptcies ...
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Author:
Jon Arnold
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