When to Contact a Foreclosure Prevention Lawyer
Foreclosure is the process of reclaiming a house from the person with a mortgage because they failed to meet the obligations of that mortgage. If you are in danger of being foreclosed on, you can have a foreclosure prevention lawyer intervene to help save your house. One of the ways that an attorney can help […]
Is it Better to Hire a Lawyer for Bankruptcy?
One of the greatest aspects of the U.S. legal system is that you can complete many of the legal processes by yourself. You don’t have to hire a lawyer just to take action. However, just because you can handle legal matters like bankruptcy by yourself doesn’t mean you should. Many people ask, “Is it better […]
Understanding Your Rights During Vehicle Repossession
One of the biggest fears that people have when they are deep in debt is having their home or car repossessed. Although it is legal for a creditor to repossess your vehicle, you do have rights that they need to respect during the process. Here is what you need to know about your rights during […]
When to Hire an Individual Bankruptcy Attorney to Protect Retirement Savings
When you file for bankruptcy, the system recognizes a need to protect retirement savings among other assets. Rather than spending all of those assets to pay back debts, there are allowances for you to be able to keep some of that money. You can do it with the help of an individual bankruptcy attorney. What […]
Can I Transfer Non-Exempt Property to Family and Friends?
Everyone filing for bankruptcy wants a way to protect what they have. One of the ways that people commonly think to do this is to transfer any non-exempt property to family or friends. If you no longer own the asset, it cannot be included in your bankruptcy filings. However, it may not be possible, or […]
Do I Qualify For Bankruptcy in MN?
While bankruptcy is a process that anyone can use to recover from crippling debt, not everyone can just file for bankruptcy. In Minnesota, there are specific requirements that you must meet to file for bankruptcy. Otherwise, it is an option that is unavailable to you until your situation changes. This is what you need to […]
Understanding Debt Reorganization with a Chapter 13 Bankruptcy Lawyer
Chapter 13 bankruptcy is designed for people or small businesses with too much debt but have a steady income. Rather than selling off assets to pay debts, you are allowed to continue to operate as usual. However, your debts are reorganized so that some can be discharged, and you can pay the rest. Understanding debt […]
What are the Chances of My Bankruptcy Being Approved? (video)
A bankruptcy proceedings are filed with the court, but not all bankruptcy proceedings are approved. Bankruptcy approval rates vary based on the type filed and the quality of the plans that your attorney comes up with. If your plans are well-made and take into account your situation and creditors’ needs, then you will likely be […]
Regain Financial Stability with an Individual Bankruptcy Attorney
It doesn’t take a large legal firm to manage a bankruptcy case. An individual bankruptcy attorney can help you regain financial stability by managing your case. As long as your attorney can develop your case with the right exemption and asset findings, as well as guide you through the legal process, you can do just […]
Chapter 7 Bankruptcy Attorneys for Maximum Asset Protection
When you hire an attorney to file for bankruptcy, your attorney will also file exemptions to reach the maximum asset protection allowable under the law. Bankruptcy provides certain protections for specific assets, like your home and your car, so that you won’t lose the most essential things that you need to function in society. However, […]