Many people will struggle with their debt problems on their own before seeking out any type of help. They finally get to a point where they feel it is a losing battle, and they are tired and frustrated with all the debt collection efforts being put forth by creditors....
Has Debt Taken
Over Your Life?
Month: April 2015
Are There Alternatives to Bankruptcy?
When a person starts running into financial difficulty most often the first thing they do is panic. They can't sleep at night, and they seem to be constantly thinking about their debt. They are fearful for the future. Then as time progresses and they are constantly...
What will Happen to My Seniors Pension if I go Bankrupt?
Not only do those who are going bankrupt worry about their immediate situation, they are also concerned as to how the bankruptcy is going to affect their future. One of the big concerns is the senior's pension. While there are Federal bankruptcy rules and regulations,...
What Happens to Your Retirement Accounts In Bankruptcy?
Before you make the final decision to go bankrupt, or start the proceeding yourself it is wise to speak to a Louisville bankruptcy attorney. There are many things that you need to consider as this is a big decision that you are contemplating. You need to fully...
What Happens to Your Equity in Bankruptcy
It is so disheartening when individuals have struggled for many years to meet their financial obligations and then circumstances put them in a tight financial situation. This can be a result of huge medical bills, or someone losing their source of income. They may...
Secured Debt in Bankruptcy
Naturally when you are claiming bankruptcy you want to know what your options are. Chances are you are fearful that you are going to lose every possession you own. When it comes to secured debt these are a big concern. Your creditors have some type of security against...
Is a Chapter 13 Bankruptcy Better for Me?
The first thing your New Albany bankruptcy lawyer will help you with is to determine which Bankruptcy you qualify for. It may be the Chapter 7 or Chapter 13. Most often individuals become disappointed if they don't qualify for the Chapter 7. This is because under this...
Secured Loans in Chapter 7 Bankruptcy
Of course you want to know what is going to happen to your non-exempt property that had to be included in your bankruptcy. Your Louisville bankruptcy attorney will go over each one of these properties individually and advise you as to what possibly may happen to it....
What Happens to Eviction Notices in Bankruptcy?
If you have received an eviction notice as a tenant, the time in which you received this will determine how it is handled during your bankruptcy proceedings. You may have received it prior to your filing, or it arrived after you filed. Back a few years ago an...