Bankruptcy Banks Chapter 13 bankruptcy Garnishment 
Sawin & Shea
NOVEMBER 15, 2022
Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. They fear that other people will find out about their bankruptcy and view them as financially irresponsible. There’s nothing wrong with filing for bankruptcy, but worrying about what other people will think is understandable. Trustee Program.
Sawin & Shea
OCTOBER 26, 2022
When filing for bankruptcy, you can discharge certain types of personal loans, meaning that you’re no longer legally responsible for paying off the debt. If you’re considering filing for bankruptcy, you need to know what personal loans you can discharge and which filing method best suits your financial situation. Payday loans.
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Sawin & Shea
JUNE 16, 2021
Many people assume that because they have filed bankruptcy, their credit is ruined, and they will not be able to qualify for any loans. Chapter 7 bankruptcy: In this type of bankruptcy, your non-exempt assets (if any) have been liquidated to pay off a percentage of your debts. This is not true. 30% Amounts owed.
Sawin & Shea
FEBRUARY 16, 2022
An emergency bankruptcy is a bankruptcy filing method that expedites the filing process to stop creditors and bill collectors from seeking debts from borrowers. Individuals can file an emergency bankruptcy, also known as a skeleton bankruptcy, under Chapter 7 and Chapter 13. In 2005, the U.S.
Sawin & Shea
APRIL 26, 2023
If the creditor has your date of birth and social security number, they may be able to garnish your bank account and apply that money toward your debt balance. If that’s not possible for you, another option is to avoid it through Chapter 7 or Chapter 13 bankruptcy court.
Sawin & Shea
JUNE 28, 2023
People file for bankruptcy for any number of reasons, from sky-high medical expenses to loss of income and the inability to make their mortgage payments each month. But filing for bankruptcy isn’t a shameful or immoral act. In some cases, people have spent beyond their means, and now it’s time to repay their debts.
Sawin & Shea
MARCH 30, 2021
Nobody wants to be in a situation where they have to file for bankruptcy, but for the self-employed, it can be a doubly crushing blow. You may even have doubts about whether or not self-employed people are eligible to file for bankruptcy. Before filing for either Chapter 7 or Chapter 13, you will need to take a means test.
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