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Tax Attorney vs Bankruptcy Attorney: What’s the Difference?

Sawin & Shea

When you have bills piling up and you’re dealing with notices from the Internal Revenue Service (IRS), it’s time to contact an attorney to learn more about your options. You may be wondering whether you should opt for a tax attorney or a bankruptcy attorney. You deserve a fresh start.

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What Are Preferential Payments in Bankruptcy?

Sawin & Shea

Before someone makes a bankruptcy filing, it is not uncommon for debtors to feel as if they have to make some tough decisions. They might give preference to the more aggressive creditors or try to pay off old debt first, but they choose to get one debt paid above all the rest. Which creditors can they pay?

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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy.

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Debt Consolidation vs Bankruptcy: Which is Better?

Sawin & Shea

Two of the most common options for dealing with unmanageable debt are filing for bankruptcy and pursuing debt consolidation. Bankruptcy and debt consolidation are distinct solutions, each with advantages and potential drawbacks. How Does Debt Consolidation Work?

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Can You Reaffirm a Debt in Chapter 13?

Sawin & Shea

If you’re considering bankruptcy, you may wonder which filing type is right for you. The two basic types of bankruptcy classifications for individuals and families are Chapter 7 and Chapter 13. 13, and how to enter into a reaffirmation agreement. Have additional questions regarding bankruptcy or reaffirming secured debts?

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What Is a Reaffirmation Agreement in Bankruptcy?

Sawin & Shea

Bankruptcy can be an overwhelming and challenging process. Understandably, this can make dealing with a bankruptcy seem impossible. However, as overwhelming as it all may seem, bankruptcy is often the best choice for many people, especially those who are struggling with crushing debt. How Does Reaffirmation of Debt Work?

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Chapter 13 and Car Loans

Sawin & Shea

Financial challenges can be overwhelming, and seeking relief through Chapter 13 bankruptcy is a viable option for many. As you think about filing bankruptcy, it’s crucial to understand the interaction between Chapter 13 and car loans. Bankruptcy can impact various aspects of your financial life, including existing car loans.