Sawin & Shea

APRIL 10, 2024

For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC. Chapter 7 is also known as liquidation bankruptcy because it involves liquidating (selling off) non-exempt assets belonging to the debtor to repay creditors and lenders. They cannot take legal action against you or seize your assets.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debtor Unsecured Creditor 52

Sawin & Shea

MARCH 15, 2022

Many people considering this option wonder what will happen to their investment real estate if they file. The process involves liquidating non-exempt assets property to pay creditors. You can surrender the property to creditors and discharge the debt associated with the investment property. Investment Property Arrearages.

Chapter 7 bankruptcy 98

Chapter 7 bankruptcy Chapter 13 bankruptcy Bankruptcy Creditors 98

Debt Free Colorado

JANUARY 27, 2022

Some people swear they’ll never file bankruptcy, while others regularly use it as a tool. Why do people file for bankruptcy? But why do so many people find themselves in financial trouble? They then exercise control over the merchandise sold to satisfy creditors. You’ve undoubtedly heard of bankruptcy.

Bankruptcy 75

Bankruptcy Chapter 7 bankruptcy Unsecured Creditor Debtor 75

Sawin & Shea

APRIL 17, 2024

The court will then order a bankruptcy stay — also called an automatic stay — that prohibits creditors and lenders from collecting what you owe. This plan states that you’re committed to paying back something to creditors in monthly installments, and you detail the minimum amount you’ll pay as well as the duration of the plan.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Debt Free Colorado

DECEMBER 9, 2021

Most people filing for either Chapter 7 or 13 bankruptcy will work directly with an attorney to determine the best option for each financial circumstance. Consider your income, assets, creditors, expenditures, and your ability to pass the means test while selecting between Chapter 13 and Chapter 7. Chapter 13 (Reorganization).

Chapter 13 bankruptcy 75

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

Sawin & Shea

MARCH 23, 2021

Car repossession is one of the many reasons people contact the Indiana bankruptcy attorneys here at Sawin & Shea. During your Chapter 13 bankruptcy, unsecured creditors are forced to take payments in only the amount the law says you can afford or have to pay. Are you behind on car payments? Now’s the time to act.

Repossession 52

Repossession Chapter 13 bankruptcy Bankruptcy Creditors 52

Debt Free Colorado

APRIL 9, 2020

The efforts to contain the Coronavirus pandemic have pushed hundreds of thousands of people out of work. Below you’ll find some strategies for working with your creditors and deciding which bills are the most important if you can’t pay them all. Reach out to your creditors. File for unemployment. Paying Rent.

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Student loans Student Loans Chapter 13 bankruptcy Chapter 7 bankruptcy 82