Top 10 FAQs
What is bankruptcy?
What is the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy?
What are the consequences of filing for bankruptcy?
How can I find a qualified bankruptcy attorney?
How long does it take to file for bankruptcy?
Is bankruptcy the best option for me?
What are some alternatives to filing for bankruptcy?
What debts are dischargeable in bankruptcy?
Which debts cannot be discharged in bankruptcy?
Do I have to pay taxes on any discharged debt?
About Bankruptcy Law
Bankruptcy law is a form of debt relief designed to help individuals and businesses find solutions to their financial struggles. It can provide debtors with a fresh start from overwhelming debt or help them reorganize debts into a manageable payment plan. When considering filing for bankruptcy, it is important to know that there are different types of bankruptcy and each one offers a different form of relief. Chapter 7 bankruptcy, also known as liquidation bankruptcy, eliminates unsecured debts, such as credit card bills, medical bills, and more. Chapter 13 bankruptcy, also known as repayment bankruptcy, allows debtors to create a repayment plan to pay back debts in full or in part over a period of time. Consumers considering filing for bankruptcy should reach out to a qualified lawyer to learn more about the process, their rights, and their options. An experienced lawyer can explain the different types of bankruptcy, help calculate what debt can be discharged and what will remain, determine assets and income to determine eligibility for filing bankruptcy, provide valuable guidance on how to prepare for a bankruptcy petition, and represent you in court if necessary. A lawyer can also inform debtors about the importance of understanding their rights, including the rights to challenge creditors and creditors’ claims during the bankruptcy process. Working with a qualified lawyer can provide peace of mind and help navigate the complexities of the bankruptcy process.Related Blog Posts
What A Bankruptcy Lawyer Can Do For You
A bankruptcy lawyer can help you navigate the complicated process of declaring bankruptcy and ensure that you are maximizing the potential benefits of filing. They can help clarify the differences between Chapter 7, 11 and 13 bankruptcies, help you decide which one is best for your situation, and help you create a plan to successfully repay your debts and ensure a better financial future.Why You Should Hire A Bankruptcy Lawyer
A bankruptcy lawyer is the best professional to hire if you are considering filing for bankruptcy. A good lawyer will know the ins and outs of the bankruptcy process, and what to do in order to get the most favorable outcome possible. They can help you navigate the process and understand your options, as well as represent you in court and negotiate with creditors. A bankruptcy lawyer can also provide legal advice and assistance with other financial matters, like debt consolidation and credit repair. With their knowledge and experience, they can help you make the best decisions regarding your case, while protecting your rights and interests throughout the process.More FAQs
What is the process for filing for bankruptcy?
How much does it cost to file for bankruptcy?
How long does the bankruptcy process take?
Is there anything I can do to rebuild my credit after bankruptcy?
What are the differences between filing for Chapter 7 and Chapter 13 bankruptcy?
How do I fill out the bankruptcy forms?
Do I need to list all of my debts when filing for bankruptcy?
Can I keep my car when filing for bankruptcy?
Can I keep my home when filing for bankruptcy?
What debts can I discharge in bankruptcy?
What will happen to my creditors if I file for bankruptcy?
How do I know if I'm eligible to file for bankruptcy?
Are there any assets that I will not be able to keep in bankruptcy?
What do I do with any unexpired leases or contracts when filing for bankruptcy?
Can I get a loan after filing for bankruptcy?
How will filing for bankruptcy affect my spouse?
Can I discharge student loan debt through bankruptcy?
Will bankruptcy stop wage garnishment?
Does filing for bankruptcy stop foreclosure proceedings?
What is the bankruptcy automatic stay?
Is bankruptcy a public record?
How can I protect co-signers from being affected by my bankruptcy?
Can I file for bankruptcy to stop creditor harassment?
What is the difference between a voluntary and involuntary bankruptcy filing?
Does bankruptcy eliminate liens?
Is it possible to have a bankruptcy case dismissed?
How often can I file for bankruptcy?
How will filing for bankruptcy affect my credit score?
Will bankruptcy discharge the entire amount of debt owed?
What are some of the potential pitfalls to filing for bankruptcy?
Will filing for bankruptcy stop a lawsuit?
Is there a deadline for filing for bankruptcy?
How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?
What are the advantages and disadvantages of filing for bankruptcy?
What is the 341 meeting of creditors?
Are there additional filing fees associated with filing for bankruptcy?
What is the difference between secured and unsecured debt?
What documents will I need to file for bankruptcy?
Are there any debts that cannot be discharged in bankruptcy?
Will filing for bankruptcy stop repossession?
Are there any limits to my spending during the bankruptcy process?
What is the meaning of a bankruptcy discharge?
Can I file for bankruptcy if I'm unemployed?
How often can I receive a bankruptcy discharge?
Can I keep certain types of property when filing for bankruptcy?
Are there restrictions on my ability to travel while filing for bankruptcy?
How do I know if I qualify for a Chapter 7 bankruptcy?
How do I know if I qualify for a Chapter 13 bankruptcy?
What is the difference between a bankruptcy trustee and a bankruptcy lawyer?
What are some of the long-term effects of filing for bankruptcy?
Are there any assets that I will be required to sell when filing for bankruptcy?
Is there a limit to the amount of debt I can have when filing for bankruptcy?
How long do I have to wait before I can file for bankruptcy again?
What will happen to my co-signers if I file for bankruptcy?
What is the difference between secured and unsecured creditors?
What is considered a non-dischargeable debt?
What is creditor reaffirmation?
What is a reaffirmation agreement?
Can I keep certain types of tax debts when filing for bankruptcy?
What is the difference between a joint bankruptcy filing and an individual filing?
What is an adversary proceeding?
How does the bankruptcy court decide which creditors will get paid?
How do I obtain a copy of my credit report after filing for bankruptcy?
How long will a bankruptcy stay on my credit report?
How do I know if I qualify for a repayment plan?
Are there any sites where I can get reliable information about bankruptcy law?
What is the difference between discharging and writing off a debt?
Can I still obtain a loan after filing for bankruptcy?
Does filing for bankruptcy eliminate debts such as child support and alimony?
What is the difference between a discharge and a dismissal?
Are there any types of debt that will survive a bankruptcy discharge?
What is the role of the bankruptcy judge?
What kind of debt counseling is available before and after filing for bankruptcy?
How do I change my name after filing for bankruptcy?
Does filing for bankruptcy have any effect on other legal proceedings?
What types of debt can be discharged through bankruptcy?
How do I know if I am eligible for a Chapter 11 bankruptcy?
Are there any assets that I cannot keep after filing for bankruptcy?
What type of information will I need to provide to my attorney before filing for bankruptcy?
How does filing for bankruptcy affect my retirement benefits?
Will I lose my property if I file for bankruptcy?
What are the restrictions for filing for bankruptcy?
Are there any special provisions for filing for bankruptcy as a business?
What kind of debt relief is available to married couples filing for bankruptcy?
Are there any special provisions for filing for bankruptcy as a single parent?
How do I know if I am eligible for Chapter 7 or Chapter 13 bankruptcy?
Are there any exceptions to the automatic stay issued when filing for bankruptcy?
What is the difference between a Chapter 11 and a Chapter 13 bankruptcy?
What are the requirements for filing for bankruptcy under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?
What are the consequences of not filing for bankruptcy?