This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
If you’re struggling with overwhelming debts, Chapter7bankruptcy could be your best option. Chapter7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. What is Chapter7Bankruptcy?
Filing for bankruptcy can provide you with a much-needed second chance when it comes to your finances. If you are a victim of debtcollector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. What is Chapter7Bankruptcy?
Know How to Stop Creditor Harassment & Wage GarnishmentDebt can be a heavy burden. You may be considering Chapter7bankruptcy. Consulting with a Chapter7bankruptcy attorney in Boulder, CO, can help determine if it is the right solution. What is Chapter7Bankruptcy?
Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits. What Do the Various Kinds of Bankruptcy Entail? There are many intricacies that set Chapter7 and Chapter 13 Bankruptcy apart. How Does Debt Negotiation Work?
Those filing an emergency bankruptcy receive an automatic stay even before completing certain documents. An automatic stay is an injunction prohibiting creditors from collecting debts. If you’re in an emergency situation such as wage garnishment, eviction, or pending repossession filing an emergency bankruptcy may be right for you.
Debts associated with the medical industry and credit card companies can be bought by aggressive debtcollectors, which can affect your overall quality of life. Certain debts can be discharged entirely when filing Chapter7bankruptcy, but not everyone is eligible for Chapter7bankruptcy.
Whether you’re facing foreclosure , repossession, wage garnishments, or relentless creditor harassment, our expertise in bankruptcy law can offer the protection and relief you’ve been seeking. One of our firm’s key strengths lies in our comprehensive understanding of both Chapter7 and Chapter 13 bankruptcy options.
What’s the Difference Between Chapter7 and Chapter 13? Put simply, Chapter7 is a liquidation while Chapter 13 is about reorganization. In the case of a Chapter7bankruptcy , the court appoints a trustee who is in charge of selling off (liquidating) a debtor’s non-exempt assets.
. • Debt collection cases have claimed an increasing share of the civil docket, making up about 30% of the civil court caseload in the one state where comprehensive data was available. • The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. Filing bankruptcy.
At that point, your cable company sends the bill to a debtcollector. It’s worth considering this when deciding whether to settle an old debt you owe. Bankruptcy: Seven or 10 Years Bankruptcies show up in the public records section of credit reports.
However, before a lawsuit is filed, lenders of unsecured debt will typically hire debtcollectors in an attempt to recover what you owe. If an agreement cannot be reached between the debtor and the debtcollector, the lender will likely file a lawsuit against you. Examples of Unsecured Debts.
There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. However, Chapter7 and Chapter 13 bankruptcy are the two types of bankruptcy that are most frequently filed. Chapter7 is known as liquidation in bankruptcy legislation.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content