tag:blogger.com,1999:blog-76297653970024171632024-02-06T20:42:29.574-08:00Bankruptcy Lawsreydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.comBlogger188125tag:blogger.com,1999:blog-7629765397002417163.post-66182737210038927942013-08-31T11:25:00.000-07:002013-09-01T04:30:49.041-07:00Common Bankruptcy Myths and Misconceptions<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='212' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiTa9_PXYF1Jje7YuRRWXadu9adwdS1rVdCJJY1xFZlftwGqFg-cTnyjEHoUGovYfWScH9JhELCVP0R1CRZAqbllpuDxBG9m23jVMRqp48zEomX_KLy1M2ceCYl2t8dLRrDcj6LTazY7BQ/s320/bankruptcy50.jpg' width='320'><br><p>If you are struggling with financial issues and find yourself falling down a hole of debt, it is extremely important that you do not hesitate to consider all of your options. For many people, bankruptcy can be a frightening prospect, but the truth is that when used correctly, it can be an invaluable tool towards getting your feet on stable ground once more. For this reason, it is extremely important that you get your information straight from the source and do not hesitate to ask questions. Debunking popular myths may not be the easiest thing, but when it's your future on the line, it's important that you take the time to do so.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/atlanta-bankruptcy-lawyers.html'>Bankruptcy Lawyer Atlanta</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/los-angeles-bankruptcy-attorneys.html'>Bankruptcy Attorney Los Angeles</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/denver-bankruptcy-lawyer.html'>Bankruptcy Lawyers Denver</a>, </p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/common-bankruptcy-myths-and.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-86376103343130556802013-08-29T11:09:00.000-07:002013-09-01T04:30:49.074-07:00The Time Limits Of Bankruptcy Filings<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='142' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjASabGeHcnr_U-FUqWComQNuG-JIpEq-hP4q3L7oeiehhQGdh5izmv_X464oiV7clNbNeQe2C4Dd-Psxd5924pKVRdg0n6JOHZSCbQKwdhMjH7DTqWGnq-vcSDoRowMMXWbddHWUacIYE/s320/Bankruptcy70.jpg' width='320'><br><p>I am not a lawyer, I am a judgment referral expert (Judgment Broker). This article is only my opinion, about the laws I have read, and what I have learned. Nothing in any of my articles should ever be considered legal advice.<p>In my line of work, I often hear "My judgment debtor cannot go bankrupt" or "My judgment debtor cannot go bankrupt again". There is very little that prevents a debtor from filing for bankruptcy protection as often as they wish. However, those that file more often than the law allows, will have eventually have their request denied (dismissed).<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/michigan-bankruptcy-lawyers.html'>Michigan Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/tennessee-bankruptcy-lawyer.html'>Tennessee Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/what-is-bankruptcy-court.html'>US Bankruptcy Court</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/the-time-limits-of-bankruptcy-filings.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-42940499947737045112013-08-28T06:22:00.000-07:002013-09-01T04:30:49.036-07:00Chapter 7 Attorney - Get the Representation You Need<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSB1ownm7j7i_suSlo8_qzi_nJfnnBD1V33J0qCU7DHkOZHOip42wJx5RrfoRE8vVI-9sQfWHVKWO6Q9s9TmOGwpDY9vgCKkyCZZong7ouvwjMEXU1Rgq7rS1ym4M3Fjl793GU7gX9ZIU/s1600/Bankruptcy21.jpg'><br><p>It can start with one late bill payment and end with the threat of you losing everything. Debt can ruin so many people's lives and usually the end result is to simply file for bankruptcy. Yet, this process has lots of details to consider and shouldn't be taken lightly. There are many things you don't know about process and if you want to end up on the positive side of things, it's a good idea to reach out to a chapter 7 attorney for help.<p>Stop harassing calls from creditors <br>Being afraid to answer the phone is a really hard situation. So if you have a large amount of debt and need some help getting through everything, a good chapter 7 attorney can assist you. That's because this lawyer knows your rights and knows what is legal or illegal when it comes to creditors. There are some creditors that do things that are completely against the rules, but if you don't have a lawyer working for you, you don't know what's okay and what isn't. In addition, some creditors try to garnish wages and make threats against you which can be terrifying and scary. Your lawyer will be able to stop this type of harassment and help you move on.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Business Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/rhode-island-bankruptcy-lawyers.html'>Rhode Island Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/tulsa-bankruptcy-lawyer.html'>Bankruptcy Attorney Tulsa OK</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/chapter-7-attorney-get-representation.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-35106392040443526322013-08-27T06:24:00.000-07:002013-09-01T04:30:49.113-07:00Attain Much Needed Relief From Debt By Filing Chapter 13 Bankruptcy<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='212' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEid5RyEgF36EtDsq8rslrfz_1G56iFRJluv9pAGJ8OUiNZUyhN1qPBOudLi3laqLX6qa8fMDozqSEQNNCpeeaTl6N_S3ihEe0kZSMpO1ure62qHuCRIiya3Sk-WVl8YpvLG4-vSqhu31dg/s320/aa-bankruptcy-clock-striking-midnight.jpg' width='320'><br><p>There are numerous circumstances that can lead to financial difficulties. Many of these are unexpected and at no real fault of the individual. In today's tough economy with rising inflation it seems that almost everyone is struggling to keep their head above water. Then add an unforeseen event such as a job loss, a divorce, or medical bills from an illness or accident, can be devastating to an individual or family. Then you have people caught in a financial mess when their mortgage adjusts and they can no longer keep up on the payments. Maxed out credit cards with their high interest rates seem to be unending and unpayable. Maybe the individual then turns to payday loans to kick the can down the road a little further but really they are only delaying the inevitable. These things can all contribute to financial disaster resulting in lawsuits, repossession of property, wage garnishments, and foreclosure. The thing to remember is that doing nothing will not solve the problem but actually make it worse. This is why the bankruptcy code was created. Filing bankruptcy offers people relief from overwhelming debt while allowing them the ability to retain personal property such as their house.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/detroit-bankruptcy-lawyer.html'>Detroit Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/ohio-bankruptcy-lawyers.html'>Bankruptcy Attorney Dayton Ohio</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/phoenix-bankruptcy-attorneys.html'>Phoenix Bankruptcy Lawyer</a>, </p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/attain-much-needed-relief-from-debt-by.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-79316529850716203862013-08-25T17:06:00.000-07:002013-09-01T04:30:49.101-07:00Talk to a Bankruptcy Lawyer About Your Home<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='212' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5-3tHf5hz4QpUgH1dfC5a_p8elL_F4W3vQcSI56de05vxPTarB602VzD8apCSLrV2hciH_6cyfOFOvr9f-FsKKlPJFXSQZQJVYTXHAYutJxfToww2GE_A6dIEhhR3DTVhQY-uRpTmhIk/s320/BanruptcyEnterKey.jpg' width='320'><br><p>A bankruptcy lawyer is one of the most important people to talk to when you are dealing with questions and concerns relating to your home. As the largest investment for most people in their lifetimes, it is critical to select an attorney who will help you to avoid the worst possible outcome when you are facing concerns related to foreclosure. Most of the time, the lender is not working with you but rather against you in this process. What can you do to get your home back on track so you can remain there?<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/roseville-bankruptcy-lawyer.html'>Roseville Bankruptcy Attorney</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/what-is-chapter-7-bankruptcy.html'>Credit After Bankruptcy</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/detroit-bankruptcy-lawyer.html'>Bankruptcy Attorney Detroit</a>, </p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/talk-to-bankruptcy-lawyer-about-your.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-37059668589801395052013-08-24T17:38:00.000-07:002013-09-01T04:30:49.131-07:00File Bankruptcy Yourself - It is Possible to Do This?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='213' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFERD1UHaNuHjWBQ_gyDJudIIIZgaA7-NwbIRVlrPgrWsFWZnTl-W9s9QRf9tLeLwp_wKA9B6eb3z52D3EQMmXikm36c2gbL8Cy3f4ouCLG80LDhkWm5oHbURqnwvzLephC9ktkTqMA3k/s320/bankruptcy_01.jpg' width='320'><br><p>Filing bankruptcy is really one of the toughest tasks, when you refer to the legalities associated with it. Of course, the repercussions of filing for bankruptcy are really some things that would be tagged to your life for some time. Importantly, the legalities associated with the process of bankruptcy make it a demanding exercise indeed.<p>Here are things you should know of before you file bankruptcy yourself:<p>Be prepared with all your documents - The first thing you should do when you have decided in filing for bankruptcy is to collate all the documents. During the bankruptcy hearings, the court would require a proof of each and every financial transaction that you claim for your filing. Do some research on the Internet over bankruptcy statutes in your state - This is important because the statutes do vary across states, though not by much. Knowing the statutes will put you in a better position to understand things from a better perspective, at least on the bankruptcy front. Speak to some of your friends to find out how they came out of bankruptcy - One of the best things you could do before you file bankruptcy yourself is to speak to people who have filed before. This will allow you to learn from their experience. Importantly, this will also tell you on how to overcome the challenges thrown at you by bankruptcy. Speak to your creditors for arranging your debts - Irrespective of which chapter you file for, it is always important for you to speak to your creditors. For all you know, your creditors may want to work with you on setting a payment plan. Chalk out a way of paying attorney fees - Now, this is a bit shocking, but a true fact - Being a common man, you may only know certain legalities about bankruptcy. The best thing for you to do is arrange all the paperwork required and hire an experienced attorney. <p><p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/north-dakota-bankruptcy-lawyer.html'>North Dakota Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/san-diego-bankruptcy-lawyers.html'>San Diego Bankruptcy Attorneys</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/delaware-bankruptcy-lawyer.html'>Bankruptcy Lawyers In Delaware</a>, </p></p></p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/file-bankruptcy-yourself-it-is-possible.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-22542527518344334632013-08-24T16:22:00.000-07:002013-09-01T04:30:49.126-07:00Declare Bankruptcy - Why Would You Ever Declare Bankruptcy<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='213' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0hOn8LiMW12FFsfYU7i0rIM2CQlmwqI58eRLR5DSo9uycUnE1yscI1QZitSzI1Qo2-Quv4dJMm-I2afPjcRQ6F8jPNlndZQzNWNzlrmjA_e9i-w7frUFbE8K-vUSfCTJutyfHvEndJyI/s320/common-bankruptcy-myths.jpg' width='320'><br><p>Are you under a lot of financial stress and your debts just keep piling up? Does it ever feel like there is no way out and that you will never get to a point where you can manage your finances? You could declare bankruptcy, but that is a very scary situation. Here is what you are looking at and another option.<p>First, if you declare bankruptcy you will have to get an attorney or figure out how to do it yourself. This will cost you over $1,000 and if you think about it, how can you afford an attorney if you cannot afford your debts? Seems silly right?<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/nebraska-bankruptcy-lawyers.html'>Nebraska Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/montana-bankruptcy-lawyers.html'>Montana Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Law Attorneys</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/declare-bankruptcy-why-would-you-ever.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-35913295260846113522013-08-22T18:55:00.000-07:002013-09-01T04:30:49.061-07:00Consider Options Before You File For Personal Bankruptcy<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='211' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQUO1lfoeViNabWbHlCl-I1fMvxGpfRag3-l08LW24lgPGgDxMEI2CyavsYsSIXuZE9D1EUfe8BH71cHpqQa7YtU7hm2i5Hi7cYL1jMOT8P2mmf5Ovd8B5KA8htPt5PF5-smPYa5YYFPw/s320/Phoenix-Bankruptcy-Lawyer-Erasing-Debt.jpg' width='320'><br><p>If you're faced with a mountain of debt, personal bankruptcy may seem like the only way out from under the mess, but in fact, this method of alleviating debt does not come without its own risks and drawbacks. It is certainly true that personal bankruptcy is an option if you have no other, but it's also very true that today, people are filing for bankruptcy in record numbers, when in fact they may have other options available to them that would be better.<p>There are a few things that you should be aware of when it comes to personal bankruptcy. First of all, it doesn't simply "wipe your record clean" when it comes to debts. It's true that a lot of your debts will probably be forgiven depending on your financial situation, but not always. And not every debt can be forgiven, such as taxes owed, child support payments, and so on. That is, if a lot of your debt comes from these sources, personal bankruptcy isn't going to help you get out from under that debt, because you'll still owe that money.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Law Attorneys</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/arkansas-bankruptcy-lawyer.html'>Arkansas Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/orange-county-bankruptcy-lawyer.html'>Orange County Bankruptcy Attorneys</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/consider-options-before-you-file-for.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-14714594131468399502013-08-22T07:34:00.000-07:002013-09-01T04:30:49.107-07:00Reasons Why Personal Bankruptcy Might Be Your Best Option<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhaiQ69GFmiRLEGdTpfy1r9X8yhMVxMbPQdhlQ57lYHLPUcupyMhFrLX7B0A-PQQ58zEEAmoBdcQ1equh5s8JSz7yqTtc2RX8LXxi8TqUjCAWZZ9b7Mc6ZpKeynggGtjXb20ewBXE8JZwc/s1600/Bankruptcy31.jpg'><br><p>Filing for bankruptcy can relieve you of one kind of financial stress, but it provides you with new stresses, too. On one hand, having people go through all of your personal financial information can be formidable. By contrast, once your bankruptcy is complete, you will have the freedom to rebuild your credit without being hounded by debt collectors. The following article will give you advice to make filing for bankruptcy simpler.<p>If you've committed yourself to filing bankruptcy, find out all you can about the federal code and the laws in your state. The future of your financial health is on the line, so educating yourself the best you can, and proactively working with your lawyer through the process, can give you better protection for your financial future, and help bring about a more positive outcome.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/what-is-bankruptcy-court.html'>General Motors Bankruptcy</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Personal Bankruptcy Lawyers</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Low Cost Bankruptcy Lawyers</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/reasons-why-personal-bankruptcy-might.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-25080109785015263672013-08-20T17:30:00.000-07:002013-09-01T04:30:49.081-07:00Bankruptcy - Your Fresh Start<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='98' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8E3EvKPs5K35wCcGdVkPGNkMH_h84csaujn6ZQNHXYhF5It4NnlcS1e7KgBO8xwTK-1QFzKwYjFpXCtZQ4agtZcqSG41G08aQqohkshpmr2eTgnkoiB7gOV0nP72O5CZYpXtSCbFlXd8/s320/banner-bankruptcy.jpg' width='320'><br><p>Most American consumers are living too close to the edge. They are carrying too much credit card and mortgage debt and have too little in the way of savings. When the inevitable unexpected crisis comes along, they have little left to handle it and quickly slip into a critical financial state.<p>According to many bankruptcy experts, most people file for bankruptcy due to life-changing experiences, such as a job loss, divorce or serious illness. Uninsured medical expenses are supposedly the cause of about 20% of bankruptcy filings. But excessive debt also plays a very large role.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/nashville-bankruptcy-lawyer.html'>Bankruptcy Lawyers In Nashville TN</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Cost Of Bankruptcy</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/wisconsin-bankruptcy-lawyers.html'>Wisconsin Bankruptcy Lawyer</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/bankruptcy-your-fresh-start.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-36610365711522434612013-08-19T10:01:00.000-07:002013-09-01T04:30:49.055-07:00Eligible For Bankruptcy - Especially Chapter 7? - Or Would Your Debts
Be Disapproved For Fraud?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='213' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguS4XPWlpNtURYB5bJxTWvUiPlJriy9WuWZRUlqxVp6KfgnyBxWRAvuF-6e_2vSz28wdNV7ir6FQ0w0LLRXONMyjLUuD1MrV_3ikSp1jzjmo3KxJfQkefrucBKUqABr2iKYgJaDIEfP4M/s320/bk.jpg' width='320'><br><p>A common question being asked by a growing number of American consumers seriously contemplating bankruptcy, or merely investigating it from the standpoint of being informed as a potential option for addressing their debt problem, hinges on issues of their legal eligibility for bankruptcy. And, even as importantly, on whether they face the likelihood of having their bankruptcy, if they were to file, disapproved, or even having themselves charged for "bankruptcy fraud."<p>One debtor and his wife who said they were "considering" bankruptcy, recently posed a similar question in a web blog forum, indicating that they had credit card debts of some $52,000, the bulk of which ($30,000) had been charged just over a year earlier - in March through May of 2008.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/the-bankruptcy-codes-you-should.html'>US Bankruptcy Code</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Credit Card Bankruptcy</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/montana-bankruptcy-lawyers.html'>Montana Bankruptcy Lawyer</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/eligible-for-bankruptcy-especially.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-70005250746574471762013-08-18T15:22:00.000-07:002013-09-01T04:30:49.136-07:00Ohio Chapter 7 Bankruptcy - An Overview<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-TTLjhsZu12CDK27EVFKOsuOrFFM64wPj-41nc2_IftwAQdhZwSLATYxC3ine2TMrTTexnOcVLM3iMyPaMrOIb2PIHQ1pOTYgWFGI6eoyZa1gQSeQlBw1cGt63kLzJpUMvNaEwIIuFnE/s1600/custom-slide-2.png'><br><p>It happens to so many people; bills pile up, new debts accrue, and before you know it you are unable to catch up. Debt can spiral out of control in the blink of an eye, and there is sometimes nothing you can do but watch it happen. If your credit rating is too low for you to get new credit but you owe too much to repay, filing for Ohio Chapter 7 Bankruptcy now could be the best thing you can do for your future.<p>In order to be presumed to qualify for Chapter 7, your household income for a six month period must be lower than the state median income for a family of the same size. If you meet this criterion, or can argue that you should, you will be able to file Chapter 7. Because most people filing Ohio Chapter 7 have no assets to sell for the benefit of creditors your debts will simply be discharged. It is very important to note, however, that you will not be able to file again for as long as 8 years, and that you will be solely responsible for paying any new debts incurred after your Bankruptcy.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/texas-bankruptcy-lawyers.html'>Bankruptcy Attorney Dallas Texas</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/information-on-filing-bankruptcy-in.html'>Filing Bankruptcy Form</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/west-virginia-bankruptcy-lawyer.html'>Bankruptcy Lawyers In Virginia Beach</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/ohio-chapter-7-bankruptcy-overview.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-22346767590280793702013-08-17T14:27:00.000-07:002013-09-01T04:30:49.046-07:00Pre-Bankruptcy Planning<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='268' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyyU3kgg4uONO-4cbitZ62YWI1MsUdA4W-Ps5ADlsec87fD3YWslSu8bFtIWKXGjwCnPeGSRQDBSbBrE4gt2z0zFJqRvAmzLSmJdXK-TqpCH27iXNtfzT4nCdtMkgmPaKkX355RzhZwtw/s320/Bankruptcy+Meter.jpg' width='320'><br><p>What can bankruptcy do for you?<p>As we all know, times are tough. Many people are having problems with their investments and have been inquiring about their options. Unfortunately, however, many clients have tried "go at it alone" and have gotten themselves in even more financial distress. Some clients, which were successful business owners in the community, are on the verge of losing their homes.<p>In many cases, before it's too late, we can help clients recover financially without the need of filing bankruptcy. However, even when we cannot, we can help with pre-bankruptcy planning, as well file the bankruptcy when it comes time. Pre-bankruptcy planning can help you save significant property!!!<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Law Attorney</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/tampa-bankruptcy-lawyer.html'>Bankruptcy Lawyer Tampa</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/tucson-bankruptcy-lawyer.html'>Tucson Bankruptcy Lawyers</a>, </p></p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/pre-bankruptcy-planning.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-38740454256311706752013-08-16T02:47:00.000-07:002013-09-01T04:30:49.087-07:00Bankruptcy Explained In Plain Words<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9YOIQmQ5H6SkKga0AAMsHfUDy_UCVzyrPq63g9wIfqjPq_vxtx7JvdOwbgJax9ihfO7tH4IYDzPo4Rv5zFJHo81SLW4nkLoDiL5qnZk4Ibbg3xRwFNAc4OiVhpX356oBP_RIAELLwCKE/s1600/Bankruptcy26.jpg'><br><p>Without proper money management and debt management measures and sometimes even in spite of them, the final outcome is usually bankruptcy. But what exactly is Bankruptcy and what can you expect from it?<p>Filing for bankruptcy used to be a common practice to bring ease to people's finances easily and without effort at the expense of creditors. But since in 2005 the Bankruptcy Abuse Prevention and Consumer Protection Act has been in force, bankruptcy filings have dropped dramatically. <br>The problem is that the new act has set the limits too high and few can now qualify for the relief bankruptcy provides even though no one would want to be in such situation.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Credit Counseling</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/indiana-bankruptcy-lawyer.html'>Bankruptcy Attorney Indianapolis</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/choose-knowledgeable-bankruptcy.html'>Chicago Bankruptcy Lawyer</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/bankruptcy-explained-in-plain-words.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-23459537363374993042013-08-15T02:29:00.000-07:002013-09-01T04:30:49.050-07:00Chapter 7 Attorney - How To File For Bankruptcy<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='212' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZIkwWyzcL-zAeSqHuntQVAVgw43yHXJX8SVfZG7LYcdjq-5YfGMBAEkSlTZgR-ieLnNfpAxoAshM_TfgNvXwjWk2Neba1I0S-RIvsYfv7oL26Iw15iINdBoph97pZMfibcldjxniWqs8/s320/social-security-disability-bankruptcy-800x800.jpg' width='320'><br><p>The process of finding a Chapter 7 attorney might sound difficult, as you may have never needed legal defense before. This is actually not terribly difficult, as this step merely starts with your asking some simple questions. Go around and ask your friends and relatives for honest recommendations for a practicing lawyer in bankruptcy or if they know of any. This should get you started.<p>You will probably want to set a budget for yourself in regards to how much you are able to spend on a attorney. Funds are extremely tight, so you will not want to exceed what you can afford. The best defense is ideal, but it will do you little good if you cannot pay retention fees.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Auto Loans</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/choose-knowledgeable-bankruptcy.html'>Bankruptcy Lawyers In Chicago</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/what-is-bankruptcy-court.html'>General Motors Bankruptcy</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/chapter-7-attorney-how-to-file-for.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-42697702042012856502013-08-14T05:30:00.000-07:002013-09-01T04:30:49.120-07:00Knowing The Law - What Are The Steps To Declaring Bankruptcy?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='135' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2GwETZZkMhS-VFDDFEIuRde42RQO4pgpM-MG4hfPQcVgOcEQwHB6amCFZAFfw4X5dis3va79KLffB0ygslLZRQfGbDqbPjg7X5rVjvhRd_FD5dFpKzZf5I-SfNimjnZzBNAa6scdF4Ps/s320/Bankruptcy64.jpg' width='320'><br><p>Insolvency law, necessarily involves a consideration of the position and concerns of the debtor, the creditors and the general community. Insolvency law must seek to balance the interests of these parties and there is a need for balance because insolvency necessarily involves a limited amount of money to be divided among those seeking repayment of their debts.<p>Step 1: Understand the purposes of the law of bankruptcy<p>The first step to filing for bankruptcy is to understand the aims of bankruptcy law. Ultimately, the law seeks to provide an equal, fair and orderly procedure in handling the affairs of an insolvent person or entity and that the assets of the debtor are shared equally amongst the creditors. The system also favours a situation where the estate is administered with as little delay and expense as possible and that the administration of the estate is conducted in a fair and independent manner. The objective of the legal system is also to try to provide solutions to debt problems before the person or entity's position becomes hopeless with no capacity to regain solvency without a substantial loss of funds to the community.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/atlanta-bankruptcy-lawyers.html'>Bankruptcy Attorney Atlanta</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/miami-bankruptcy-lawyer.html'>Miami Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/memphis-bankruptcy-lawyer.html'>Memphis Bankruptcy Attorneys</a>, </p></p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/knowing-law-what-are-steps-to-declaring.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-24521642707443997202013-08-13T01:23:00.000-07:002013-09-01T04:30:49.092-07:00Choosing the Right Personal Bankruptcy Lawyer<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='213' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcNc6ppF91cHMlAIMFC0nTJlEGkU_yPoJA5DRPUWfEpwdZxIlRB6xVYlo_3I8Uvuctp1vaTbpsnctg76B8JdapAc5XbA9PQLb1LclKErxE1Ok7kfU81cwbnlaqGOpXpj4lu-RWEeOQ4yQ/s320/bankruptcy-foreclosure.jpg' width='320'><br><p>Before you file for personal bankruptcy, it is imperative that you hire the services of a personal bankruptcy lawyer. At the same time it is equally important that you hire a lawyer who practices exclusively in the area of bankruptcy. Lawyers who cover several areas of practice along with bankruptcy will never have that expertise that a lawyer who specializes exclusively in the field of bankruptcy will develop.<p>There are some lawyers who focus on Chapter 7 bankruptcy. Chapter 7 deals with cases of individuals who are neck deep in debt and have no source of income to overcome the problem except by surrendering the assets to the designated court and allowing them to take the appropriate decision regarding the disbursal of wealth procured from selling off these assets, among your larger creditors.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/do-i-need-bankruptcy-lawyer.html'>Need Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/tucson-bankruptcy-lawyer.html'>Tucson Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/las-vegas-bankruptcy-lawyers.html'>Bankruptcy Attorney Las Vegas</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/choosing-right-personal-bankruptcy.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-57688118826942870212013-08-12T04:11:00.000-07:002013-09-01T04:30:49.011-07:00Colorado Bankruptcy Exemptions<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='320' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjR_tAOSTtJjR1t_Htp6spwRkqmWu9ZE8VMVXTm0y_RXQTBZxSAX3l_-5YeBsINJWcMS99wJMMbwli9oY-J669N608fMmG2U-o65PJk9ITNu6TicJSBqzrC3Vfq0VaGhdDSJiaZ7Bhea6M/s320/Bankruptcy54.jpg' width='250'><br><p>If you're filing for bankruptcy in Colorado, bankruptcy exemptions are probably something you have more than a few questions about. And you should! Knowing what bankruptcy exemptions you can take advantage of is an important part of filing. After all, doing your research ahead of time is a responsible first step as you investigate the process.<p>This article is designed to be a short list of some of the bankruptcy exemptions that apply to those who are planning on visiting the Colorado bankruptcy courts. Please note, however, that these laws and exemptions do change, so you should always seek out the professional advice of a lawyer or attorney before making any final decisions!<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Free Bankruptcy Lawyers</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/utah-bankruptcy-lawyer.html'>Utah Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/san-diego-bankruptcy-lawyers.html'>Bankruptcy Lawyers San Diego</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/colorado-bankruptcy-exemptions.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-22776126147362442222013-08-11T05:22:00.000-07:002013-09-01T04:30:48.935-07:00Will I Have To Give My Car Up If I File Bankruptcy?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='226' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgi2sMHud6v9CTLvcYa-WNkvXyGvmIKmfkkFCo8SE_SDM_a0I4qU07sO1gbemX9Hv-ZQ63FrFaoWG5PU-LfPkoz507C4pKwxDUV_M5Cetiw8BQDlR6eZfu9iOQ4TpJiZwMkOAzK9pEyP2Q/s320/bankruptcy4.jpg' width='320'><br><p>The short answer is, no. You can keep your car when you file for bankruptcy. However keeping your car through a bankruptcy gives you different options to do so.<p>Here are the three most popular ways to keep your car after you file for bankruptcy. Some states may have different rulings for keeping your car after filing a bankruptcy. Check with your local laws.<p><strong>Knowing These Three Options Can Give You Peace Of Mind - And A possible Way To Keep Your Car</strong><p><strong>Reaffirmation</strong><p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/fort-lauderdale-bankruptcy-lawyer.html'>Fort Lauderdale Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Do It Yourself Bankruptcy</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/boston-bankruptcy-lawyer.html'>Boston Bankruptcy Lawyer</a>, </p></p></p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/08/will-i-have-to-give-my-car-up-if-i-file.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-75497550582219974292013-07-28T22:26:00.000-07:002013-09-01T04:30:49.022-07:00Can You File Bankruptcy Yourself?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='232' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9n0IQ90UDmrz7A6uce_NhO4jzbqLYy8_KSs8lPCAe0NlJ2s0_loX1KoeOrWH7rTvGMAXrGLaCDFliHfUpY8iRaIF6eeKOSl7oRTrubpjrrfGY81SNUCj2zO_gXsWkNmg1xm3ofmJNWv0/s320/Chapter-7-Bankruptcy-600x435.jpg' width='320'><br><p>During the current recession, there are a lot of people who are declaring bankruptcy. This is due to various reasons and the most common of them are layoffs and medical bills. Due to economic slowdown, there are a lot of companies which are looking to cut costs and reducing the manpower seems to be the easiest way to do that.<p>Medical bills are also contributing to this population due to the ever increasing cost of health care. Even the medically insured people are having a tough time to avoid bankruptcy.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/orange-county-bankruptcy-lawyer.html'>Orange County Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Discharge Papers</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/albuquerque-bankruptcy-lawyer.html'>Albuquerque Bankruptcy Attorney</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/can-you-file-bankruptcy-yourself.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-40945375947860973412013-07-28T13:20:00.000-07:002013-09-01T04:30:49.016-07:00How Will the Bankruptcy Law Change Affect Your Financial Future?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq_l-ajCGh0GF-plp6Cj3WqBs7JypsoLztQypc4lj3SzVNTOWEAGtgaFhrd2TQhTbpuHC6vKMHnEZ6vjYVgHIwpTiyVLzdR-vmF4FiHdBTS3PwtfYGxSJjt7EHMEF-MeZVYJBEdrY0tpQ/s1600/bankruptcy-sm.jpg'><br><p>Many people are currently under the impression that bankruptcy is no longer an option for them because of recent changes to the bankruptcy law. While there have been changes made in recent years, bankruptcy is still a viable option that you should consider with your attorney. While it isn't for everyone, bankruptcy might be the best option for you depending on your circumstances.<p>In 2005, Congress passed a law which reformed the bankruptcy code. The law is pretty complex, even for attorneys, and many have criticized it for making things tougher on consumers. Nevertheless, the credit industry was successful in convincing Congress to pass the law.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/los-angeles-bankruptcy-attorneys.html'>Los Angeles Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>How Much Does Bankruptcy Cost</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/do-i-need-bankruptcy-lawyer.html'>Need Bankruptcy Lawyer</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/how-will-bankruptcy-law-change-affect.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-38508090694874602862013-07-28T00:02:00.000-07:002013-09-01T04:30:48.989-07:00What Is a Bankruptcy Discharge Order?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='320' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsOo8q77HA6Z78_UJzj2LJCG_eMbp5W74_Z4tGy_uKECpg8ZSWVHIA3VxwSAVpTWXb_PBOjPhkaH7fG7lT9wh9qODl2eW_jzZgEWDdLEo-vbYXWlZqsGBlnep53t0GuFgtUEAoJvotcd8/s320/DebtFree3.jpg' width='256'><br><p>A discharge order in bankruptcy confirms that court relieves a debtor for any existing legal debt obligation to certain creditors at the time of filing bankruptcy. Once bankruptcy is discharged from the bankruptcy court, creditors covered in bankruptcy petition are forever prohibited for any attempt to collect from the debtor a debt that has been discharged. For example, a creditor is not permitted to contact a debtor by mail, phone, or otherwise, to file or continue a lawsuit, to attach wages or other property, or to take any other action to collect a discharged debt from the debtor. A creditor who violates this order can be required to pay damages and attorney's fees to the debtor. What does bankruptcy discharge order is normally 3 page documents and includes:<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Credit Counseling</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/miami-bankruptcy-lawyer.html'>Bankruptcy Attorney Miami</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/bronx-bankruptcy-lawyers.html'>Bronx Bankruptcy Lawyer</a>, </p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/what-is-bankruptcy-discharge-order.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-69320508664892092202013-07-27T07:38:00.000-07:002013-09-01T04:30:48.994-07:00Bankruptcy Ends Privacy<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjK-dRl4PewC-4hbqvGAF5y0YpIPo2dwV1S4AHpEJ5N_w9cF45IBnayWYzdAJx3Sk0BC6i4w-0ZdMSFse85qTjRXrsuJyEkHzQN35FbZSlMmbZH_ysxo35Vt6H9DXZBnMz2xy88RMl2Lzs/s1600/bankruptcy9.jpg'><br><p>I am not a lawyer, I am a judgment matchmaker. This article is my opinion, and not legal advice, based on my experience in California. Laws vary in each state. If you ever need any legal advice or a strategy to use, please contact a lawyer.<p>What if you have a judgment against a "rich" judgment debtor with a history of moving from rental property to rental property, paying the minimum to obtain residence, and then staying rent free until they get forced out by evictions? (This does not happen very often anymore, in the age of credit reports and landlord associations, however a wad of cash upfront, can blind many landlords.)<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Auto Loans</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/maryland-bankruptcy-lawyer.html'>Maryland Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/south-dakota-bankruptcy-lawyer.html'>South Dakota Bankruptcy Lawyer</a>, </p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/bankruptcy-ends-privacy.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-72066883530500953642013-07-26T17:40:00.000-07:002013-09-01T04:30:48.979-07:00Bankruptcy - What Types Are There?<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='213' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiW2-YbTBw1hnICGSceOAzjy2gD-D2ms59jzdHe29HwVRQrc8wRmjCVFz6zexUaK5WXAKeS-XFSXQ2Dj1yw94L12iZt28x2wG9oB5J1rgZ2igPW0gb11_IV9NeVJmt5LiaESMM6dBCIf-g/s320/Bankruptcy36.jpg' width='320'><br><p>If you feel your debts are out of control, you might be considering bankruptcy. Before decided on that, educate yourself on the different categories of bankruptcy and what happens after you file.<p>There are categories for bankruptcy: Chapter 7, 11, 12 and 13. Which category you fall under will depend upon how much debt you have, the type of debt and whether you are filing for a business or individual.<p>Chapter 7 bankruptcy is the most commonly filed form. Also called personal bankruptcy, Chapter 7 will eliminate almost all of your unsecured debts. Unsecured debts are those such as credit cards, or loans without collateral. When you file, the companies that you owe the money to can no longer attempt to collect funds from you. Any assets that you have, such as homes or vehicles will be turned over to a trustee. These items will be liquidated and the funds will be used as part of the settlement with the creditors. Different states have different exemptions on what type of assets can be liquidated. Chapter 7 will take approximately six months from start to finish. Chapter 7 may only be filed for once every 6 years.<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/portland-oregon-bankruptcy-lawyer.html'>Portland Bankruptcy Attorney</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/kentucky-bankruptcy-lawyer.html'>Kentucky Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Best Bankruptcy Attorney</a>, </p></p></p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/bankruptcy-what-types-are-there.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0tag:blogger.com,1999:blog-7629765397002417163.post-44035677948965948522013-07-26T15:30:00.000-07:002013-09-01T04:30:48.951-07:00Chapter 7 Bankruptcy Exemptions<img style='clear: left; float: left; margin-right:15px; margin-bottom:15px' height='255' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgFxe2FsjQ8DE7FVGC2e42NFJw974Hc17bqrGcF-CFxBV1PANniIVJ2JHVO4ivNVKHGwQMqCsYq1K3EduXH8hKyLMm9oYmZSBhGUo9dHx8oCbJuj5nOmZjp0r9UC-B7ar12WGMLsAcCOOg/s320/bankruptcy-keep-your-stuff.jpg' width='320'><br><p>Federal and state bankruptcy laws reflect the public policy value that no one should be deprived of all of their property. The federal bankruptcy laws, as well as the state laws where you reside, therefore, both allow for certain "exemptions." Federal exemptions are the same for all bankruptcy filers nationwide, while state exemption limits vary from state to state. The debtor may choose whether to use the federal or state exemptions; in general it's best to use the federal exemptions because they are more 'generous' (that is to say, higher).<p style='text-transform:capitalize'> <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Bankruptcy Law Attorneys</a>, <a target='_blank' href='http://www.insuranceandloansite.info/2013/07/nevada-bankruptcy-lawyer.html'>Nevada Bankruptcy Lawyer</a>, <a target='_blank' href='http://www.insuranceandloansite.info/p/bankruptcy.html'>Best Bankruptcy Attorney</a>, </p></p><a href="http://wesselmanweekly.blogspot.com/2013/07/chapter-7-bankruptcy-exemptions.html#more">Read more »</a>reydokaprio3http://www.blogger.com/profile/14248925945637997902noreply@blogger.com0