Bankruptcy

Bankruptcy allows individuals, couples, and businesses that cannot meet their financial obligations to be excused from repaying some or all of their debt. Bankruptcy has been in existence since ancient times. In the United States, the rules and procedures for filing bankruptcy are governed by federal law. States are prohibited from legislating in this area of the law.

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Bankruptcy Lawyers USA - Recent Legal Articles

  • How to Calculate the Chapter 13 Bankruptcy Plan Payment
      by HG.org

    A debtor proposes a repayment plan that will allow them to repay a portion of their debt. A Chapter 13 bankruptcy plan determines the amount that each creditor can expect, the duration of the plan, the value of the debtorís property and the funds that are available to repay the debts. Several factors impact the amount of monthly repayments that the debtor will make.

  • Six Financial Dos and Doníts When It Comes to Divorce

    Nobody said the divorce process was easyóbut know life after divorce is possible. During a divorce, youíll be faced with several important decisions that will ultimately affect your life both short- and long-term. Keeping your financial security in mind will make all the difference.

  • How Do Home Loan Modification Scams Work?

    You should be aware that there are many loan modification scams taking place right now in the U.S. These scams target homeowners who are struggling to meet mortgage payments, as predators are taking advantage of especially financially vulnerable people.

  • Are Foreclosure Rates Beginning to Decrease?

    There have been various reports in the media indicating that foreclosure rates have fallen to pre-bubble crisis levels.

  • 5 Things You Need to Know Before Filing for Bankruptcy

    In 2013, nearly 40,700 Floridians filed for bankruptcy. An important, life-changing decision, coming to terms with the fact that you need to file could be the light at the end of a seemingly long, debt-filled tunnelóthatís why itís imperative you get the facts, know your rights and obtain accurate, aggressive representation from a local Tampa Bay area law firm.

  • Handling Credit Card Debt

    Credit Card Debt is something that is becoming a bigger problem as Americans are getting further in debt. One of the ways that you can address your mounting credit card debt is through debt relief via debt settlement. Contact a experienced bankruptcy lawyer or debt relief expert and find out what options are available to you regarding your credit card debt, other outstanding creditors, and methods of available debt relief.

  • Alphabet Soup for Installment Agreements

    What is an installment agreement? An installment agreement is an option for those who cannot pay their entire tax bills by the due date. It allows taxpayers to pay the amount due over a period of time

  • New Report: Mortgage Default Risk Remains High

    Mortgage default risk continues to plague the housing recovery. A new report issued by the American Enterprise Institute indicated that the national mortgage default risk remained high in March, even though it dropped slightly from February.

  • Using Bankruptcy to Eliminate Credit Card Debt

    Have you fallen so behind on your credit card debt that you just cannot get them paid? If so, continuing to struggle is the worst thing that you can do. Find out how you can file for Chapter 7 or Chapter 13 bankruptcy today and eliminate your credit card debts.

  • The ďPro SeĒ Bankruptcy Filing Problem in Detroit

    The Detroit bankruptcy court in recent years has been inundated with a large number of "pro se" bankruptcy filings. In many of these cases, the debtors have been helped with the preparation of their petition and schedules by individuals whom the court has prohibited from assisting people for failure to abide by the rules that bankruptcy petition preparers must follow.


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