Chapter 7 bankruptcy Collateral Lender Unsecured Creditor 
Sawin & Shea
APRIL 10, 2024
Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. What Is Chapter 7 Bankruptcy?
Sawin & Shea
APRIL 17, 2024
In this blog, we’ll discuss how Chapter 13 usually affects credit scores, and we’ll give you actionable tips to begin rebuilding your credit. If you have additional questions regarding Chapter 13 or Chapter 7 bankruptcy, contact the attorneys at Sawin & Shea, LLC.
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Debt Free Colorado
DECEMBER 9, 2021
Chapter 7 (Liquidation). Chapter 7 bankruptcy petitioners get a discharge from the bankruptcy court within three to four months. Creditors are prohibited from contacting you after your petition is filed. Advantages of Chapter 7 Bankruptcy. Disadvantages of Chapter 7 Bankruptcy.
Debt Free Colorado
APRIL 9, 2020
Reach out to your creditors. Many creditors such as mortgage servicers, auto lenders, and credit card companies are offering assistance to individuals financially affected by the pandemic. The decisions regarding which creditors get paid and which do not can have long term consequences and will require a strategy.
Fraser
JUNE 25, 2020
Such relief may include a request to pay some unsecured creditors (such as employees or “critical vendors”) ahead of others. It is important for creditors and their advisors to carefully review “first day” motions in order to know how their rights may be affected, and take action as appropriate. Proof-of-Claim Bar Date.
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