Sawin & Shea

OCTOBER 26, 2022

With secured personal loans, you need to pay a required amount either through the plan or during the plan. You can also surrender the loan’s collateral in order to discharge the debt. But, fortunately, people that are behind on secured debts can use Chapter 13 to return to good standing on secured debts.

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Sawin & Shea

JANUARY 5, 2022

Working with a lawyer will help ensure you get the most benefit from your case, and they can answer any questions and help alleviate your concerns. In some situations, debtors may be interested in adding secured debts to their bankruptcy after filing, and some secured debts are seen as both pre-petition and post-petition.

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Debt Free Colorado

DECEMBER 9, 2021

If you have a large amount of credit card debt or high medical costs that you can’t pay, Chapter 7 may allow you to start again. Chapter 7 is a disaster when it comes to secured debt. . Chapter 7 will not assist you if your primary source of debt is a mortgage, auto loan, or other kinds of debt.

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Sawin & Shea

APRIL 12, 2023

Chapter 13 takes into account your financial situation before filing for bankruptcy, too, but mainly focuses on developing a payment plan to address secured debt (which includes things like your house or car). What’s Wrong with Repaying Family or Friends Before I File for Bankruptcy?

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Credit Corp

MAY 3, 2023

It’s typically a good idea to consult an experienced bankruptcy lawyer before you file a bankruptcy petition. Usually during a Chapter 13 you only pay off part of your debts. Priority and secured debts, such as taxes or auto loans, are paid in full. The Trustee’s office then pays various creditors.

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Debt Free Colorado

JANUARY 10, 2022

Secured debts can be discharged. Hiring a bankruptcy lawyer at The Law Office of Clark Daniel Dray can make all the difference in how your case plays out. appeared first on Denver Lawyer Clark Daniel Dray. You must pay the excess to the court if it exceeds the sum set. Overview of Chapter 13 – Reorganization.

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Sawin & Shea

APRIL 10, 2024

For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC. Reaffirming Debts in Chapter 7 Bankruptcy Chapter 7 bankruptcy allows you to discharge your unsecured accounts, but you cannot do away with a creditor’s a security interest, meaning a debt with collateral must either get paid or the collateral property surrendered.

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Collections Law

JULY 1, 2020

A debtor who is unwilling to pay has to be pursued much more aggressively, and our diligent debt collection attorneys have the skills and knowledge to make this happen. There are several reasons why a business should hire an experienced collections lawyer who focuses on debt collection. Why Hire a Collections Attorney?

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Debt Free Colorado

MARCH 3, 2023

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. What Debts are Discharged in Bankruptcy? Unsecured debts , including credit card and medical bills, as well as some judgments or past taxes, may be discharged. We recognize that you have many questions and that you want them all answered.

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