July, 2013 Articles
Posted on Jul 31, 2013 By Reister Law Firm
If you are overwhelmed by debt, inundated with collection calls and see little hope for getting a handle on it all then it's understandable that you may be considering filing for bankruptcy. ...
Continue reading "Are You Considering Filing for Chapter 7 Bankruptcy Protection?" »
Posted on Jul 29, 2013 By Bryant, Logan, Wheeler Law Group, PLC
In 2012, more than 38,000 personal bankruptcy cases were filed in the state of Michigan according to creditcards.com. This group also reported that filings per capita were 5.09 with the state ranked ...
Continue reading "Bankruptcy News and Facts in Michigan" »
Posted on Jul 26, 2013 By Bryant, Logan, Wheeler Law Group, PLC
Exemptions are an important factor in any personal bankruptcy filing, such as Chapter 7 or Chapter 13 petition. When you file for a personal bankruptcy, you are not required to give up all of your ...
Continue reading "Exemptions in a Michigan Personal Bankruptcy" »
Posted on Jul 25, 2013 By Hensel Law Office, PLLC
In 2005, in an effort to apply more stringent standards and prevent those with high income from applying, the bankruptcy laws in this country changed. Those who wish to file for a Chapter 7 ...
Continue reading "The Means Test in a Michigan Bankruptcy Case" »
Posted on Jul 23, 2013 By Hensel Law Office, PLLC
Most people are aware of the negative side of bankruptcy. In fact, you may still consider filing for bankruptcy as a shameful act which will ruin your credit and saddle you with an adverse social ...
Continue reading "Benefits of a Michigan Bankruptcy" »
Posted on Jul 10, 2013 By Peter Rasla & Associates, P.L.C.
NBC News recently reported that 1.7 million American households will be forced into bankruptcy this year due to medical expenses. This makes medical bills the biggest cause of bankruptcy petitions in ...
Continue reading "Medical Bills: A Leading Cause of U.S. Bankruptcies" »
Posted on Jul 10, 2013 By Smith Ortiz, P.C.
Many people these days are facing financial crises. Often these financial problems include overwhelming credit card debt which may have been racked up to pay medical or dental bills, college or ...
Continue reading "Debt Settlement: What it is and How it Works" »
Posted on Jul 8, 2013 By Peter Rasla & Associates, P.L.C.
A Chapter 7 personal bankruptcy is the most common form of petition filed in the U.S. and in California. This is the fastest and easiest form of bankruptcy. Not everyone, however, will qualify for a ...
Continue reading "Chapter 7 Bankruptcy Requirements" »
Posted on Jul 8, 2013 By Smith Ortiz, P.C.
Student loan debt is not generally dischargeable by filing a personal bankruptcy petition. The only way a student loan debt can be addressed through bankruptcy is to prove to the court that it would ...
Continue reading "Student Loans and Bankruptcy" »
Posted on Jul 3, 2013 By The Botros Law Firm
Anyone who files for a personal bankruptcy in Florida needs to do so properly and according to state and federal laws. Bankruptcy is a legal process which gives protection to debtors who cannot repay ...
Continue reading "Bankruptcy Fraud in Florida" »
Posted on Jul 3, 2013 By The Botros Law Firm
According to Bankrate.com, 76 percent of Americans investigated in a recent survey were found to be living from one paycheck to the next with no savings for emergencies. 1,000 adults were surveyed ...
Continue reading "Few Savings for Most Americans" »
Posted on Jul 3, 2013 By Jacoby & Jacoby
Every state has laws that delineate what you are allowed to keep as your own in a bankruptcy case. No matter how much you owe, these laws protect certain property from your creditors, called ...
Continue reading "New York Bankruptcy Exemptions" »
Posted on Jul 1, 2013 By Jacoby & Jacoby
When a bank account is frozen, it is temporarily out of service. That means that while you can put money into your account, you cannot take money out. Any checks you write will not clear and any bill ...
Continue reading "Frozen Bank Accounts" »
Posted on Jul 1, 2013 By Fred P. Kross P.C.
Mortgage interest rates still remain at all-time lows which make it smart to refinance a home at this time. Not everyone is eligible to take advantage of the low interest rates, however. Those who are ...
Continue reading "Difficulties of Refinancing for Seniors and Self-Employed" »
Posted on Jul 1, 2013 By Fred P. Kross P.C.
Many people abuse their credit cards, racking up debt until they find that they are in serious financial straits. The pay-now-deal-with-it-later mentality can cause this to happen since using a credit ...
Continue reading "Life Without Credit Cards" »