With the cost of living rising and wages remaining stagnant, many people are finding it difficult to survive financially. If you're struggling to pay your mortgage to the point where the bank is threatening foreclosure, you may be wondering whether filing for bankruptcy can help. It ultimately depends on what your goals are. Save Your Home With Chapter 13 Depending on how far along you are in the foreclosure process, filing chapter 13 bankruptcy can help you fight off the bank's attempt to repossess the property in several ways.
Chapter 13 bankruptcy cases can be quite complicated, which is why you need a highly qualified and experienced Chapter 13 bankruptcy lawyer to guide you through each step. A crucial step in the process is the 341 meeting with creditors. Read on to find out more about the meeting, what to expect during this step, and how your Chapter 13 bankruptcy lawyer can help. Scheduling of Chapter 13 Bankruptcy Meeting
Are you considering bankruptcy because you are overwhelmed with the amount of debt that you have? Before you decide to move forward with bankruptcy, you should know the answer to these common questions. What Are The Most Common Forms Of Bankruptcy? There are several forms of bankruptcy available to use, but some are geared toward individuals and others are for businesses. If you are filing as an individual, you'll likely be using Chapter 7 or Chapter 13 bankruptcy.
Are you planning on visiting a bankruptcy law office to seek information about bankruptcy services? If so, do you know how to plan for this important appointment? Planning for it can help you get the most out of your time there, and you need to do just a few things to prepare for this meeting. Here are some of the most important things you can do to get ready for it.
Financial problems can plague anyone at any time. When the unexpected happens and your income changes, you may no longer be able to support the expenses that you currently have. When that happens and those financial expectations become unattainable, you might want to consider filing for bankruptcy. However, if you are like many people, you might be hesitant. Here's a look at what you need to know about bankruptcy to help you determine if it's the right choice for you.