Both main branches of bankruptcy offer benefits and advantages to those who use them, but one branch is likely more beneficial than the other. When you meet with a bankruptcy lawyer for the first time, the lawyer will discuss the two branches with you and will aim to determine which is the right choice for you. How do lawyers do this, you may wonder? They do this by e
- If you are in debt and need a way out, you could evaluate bankruptcy. If you discover that you would only qualify for Chapter 13, you should learn as much as you can about it before you decide to use it. Here are some crucial things to know about the way this branch of bankruptcy works. You Find Relief Through an Automatic Stay One vital thing to understand is the aut
- Before using bankruptcy to get out of debt, you should do two things. First, meet with a lawyer to find out how it will help your financial situation. Two, figure out how declaring bankruptcy will affect your future. As you discuss these things, you can also talk about the effects that Chapter 7 will have on your credit. If this is something you are wondering, here ar
- Many people would rather file Chapter 7 bankruptcy than Chapter 13, but did you know that Chapter 13 has a lot of benefits? If you don't know a lot about these branches of bankruptcy and their differences, you might not realize the advantages that Chapter 13 offers. Here are some of the top ones you should know about if you are considering either type. Chapter 13 Prov
- Bankruptcy can provide a way to have a fresh start with your finances, but does it allow you to keep your home? Bankruptcy may help in some cases, but it may not in others. To find out if you can keep your home if you file, your bankruptcy attorney may ask you some questions. From there, he or she can determine if you can keep your home or not. Questions the Attorney