Sawin & Shea

MARCH 13, 2024

Once you prepare all necessary forms and complete credit counseling, you or your lawyer will file your bankruptcy petition. Common types of dischargeable debts include credit card debt , personal loans, and unpaid medical bills. Common types of secured debt include a mortgage, car loans , and boat loans.

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Sawin & Shea

JANUARY 25, 2023

Sadly, numerous people struggle to obtain reasonable loans when interest rates are this high. Higher interest rates also mean that it’ll take longer to pay off a loan’s principal amount, and those needing a car loan, mortgage, or personal loan may find themselves paying an exorbitant amount of money in interest alone.

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Credit Corp

MARCH 1, 2023

Start by contacting your lender, tax authority, and even your lawyer if necessary. Contacting a lawyer can help you learn more about your legal rights pertaining to escrow accounts. However, if you have to use your credit card or take out a personal loan to cover these costs, your credit score could drop.

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Sawin & Shea

AUGUST 2, 2023

Unsecured debt includes things like credit card debt, medical debt, and personal loans. The above descriptions provide a very broad overview of these two types of bankruptcy filings, but debtors should discuss these options at length with a lawyer who has experience in bankruptcy.) When Should I Contact an Attorney?

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Sawin & Shea

OCTOBER 11, 2023

Dischargeable debt would include things like: Medical bills Credit card bills Utility bills Back rent Personal loans Repossession balances At the end of the bankruptcy process, the remaining balances for these types of unsecured debts will likely be forgiven. If a debt is unsecured, no collateral is put up as a guarantee to pay.

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Collection Industry News

FEBRUARY 6, 2024

Learn more: Best personal loans A Justice Department letter to the plaintiffs in February said that only 69% of the borrowers had their forgiveness cleared. Lawyers for the Sweet plaintiffs are now urging the feds to speed things up. Their credit reports would be scrubbed. They’d get refunds.

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Sawin & Shea

APRIL 12, 2023

Unsecured debt includes things like credit card debt, medical debt, and personal loans. This is a very broad overview of these two types of bankruptcy filing but you should discuss these options at length with a lawyer who specializes in bankruptcy. What’s Wrong with Repaying Family or Friends Before I File for Bankruptcy?

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Sawin & Shea

MARCH 14, 2023

Contact an Indianapolis Bankruptcy Lawyer Facing bankruptcy is a daunting prospect, and the process can be incredibly confusing. If you’re considering filing for bankruptcy in Indianapolis or surrounding counties, contact the lawyers at Sawin & Shea, LLC.

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Debt Free Colorado

DECEMBER 9, 2021

personal loans, personal loans, delinquent income tax obligations, . appeared first on Denver Lawyer Clark Daniel Dray. Unless the creditor establishes fraud or false premises, most nonpriority unsecured obligations are dischargeable in Chapter 13 bankruptcy. medical debt . credit card debt .

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Sawin & Shea

AUGUST 24, 2020

Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt. Consult with a bankruptcy lawyer about what your debt negotiation options are. How Can I Stop Collector Harassment?

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Credit Corp

MAY 3, 2023

It’s typically a good idea to consult an experienced bankruptcy lawyer before you file a bankruptcy petition. Definitely talk to your bankruptcy lawyer about which property you want to keep and whether it’s possible. So, talk to a lawyer and get the information you need to make the best decision in your case.

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Credit Corp

JULY 26, 2021

Student Loan Debt. Federal student loans and PLUS loans get discharged if borrowers pass away. Private student loans behave much like any other type of personal loan—if cosigners are involved, they’ll be liable for the debt. We strive to provide information that’s accurate, but we’re not lawyers.

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Student loans Student Loans Credit Card Debt Loans 98

Sawin & Shea

APRIL 10, 2024

To fully gauge what you may lose, it’s best to get in touch with a bankruptcy attorney who can give advice and guidance as you undergo your bankruptcy filing to discuss your personal assets. For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC. The post What Assets Do You Lose in Chapter 7?

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Credit Corp

JANUARY 5, 2021

For example, if you borrowed $12,000 for a personal loan and only paid back $6,000, you still received the original $12,000. Not paying back the other half of the loan means you got the benefit of that money without paying for it.

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Debt Free Colorado

OCTOBER 12, 2023

The complicated procedure of filling out bankruptcy documents needs the assistance of Colorado bankruptcy lawyers , like the Law Office of Clark Daniel Dray. List any other amounts outstanding, such as credit card balances, medical expenses, personal loans, and utility payments.

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Debt Free Colorado

JANUARY 27, 2022

Suppose you have no priority debt or funds remain after paying off all priority debt, the Trustee will settle any non-priority unsecured obligations, such as credit card bills, personal loans, and utility payments. appeared first on Denver Lawyer Clark Daniel Dray. Chapter 7 Exempts How Much Cash? Don’t delay.

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Collection Industry News

SEPTEMBER 23, 2020

The Pew researchers found that while most businesses filing debt collection claims were represented by attorneys, only about 10% of consumers being sued had lawyers. Some think the creditor’s lawyer will steamroll over them and they do not have any real way to fight back. Fighting Back When Debt Collectors Sue.

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Credits Inc

OCTOBER 26, 2019

A government collection agency can work independently or through lawyers. Make a wise choice on the government collection agency that you want to work with to get your loan back. Debt collectors are trained to collect these loans without making the debtor feel obliged. Government Collection Services.

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Credit Corp

JULY 10, 2023

If you fell behind on rent and tried to right the situation with a personal loan that you also fell behind on, for example, that could hurt your credit. But keep in mind that we’re not legal experts—if you find yourself in this situation, we recommend consulting with a lawyer. What Happens If You Get Evicted?

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Better Credit Blog

APRIL 5, 2022

considering you are getting your own lawyer to fight on your behalf. So a collection account will have a negative impact on your ability to apply for new credit — whether it’s a mortgage, a major credit card, or a personal loan. If this sounds overwhelming, you might want to reach out to a credit expert.

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