Are They Taking Your Wages? Wage garnishment is the process by which a creditor attempts to collect what you owe him by taking the money directly from your paycheck before you can get a hold of it. Under California law, the most that can be garnished from your wages is the lesser of: 25% of ...
How Much Will a Bankruptcy Attorney Cost Me? Once you've made the decision to file for bankruptcy the first thing you're probably concerned about is bankruptcy attorney fees. You may well be thinking, if I could afford to pay bankruptcy attorney fees, I wouldn't be filing bankruptcy. Fortunately, your options are better than you might ...
Should You File for Bankruptcy? You might be willing to pay off your debt but certain circumstances might prevent it despite all your effort you fail to repay your loan. People who are under severe financial catastrophe for them bankruptcy would be a quick solution for unpaid debt. If you file bankruptcy your existing debts ...
Bankruptcy Credit Report - How It Affects You The basic types of bankruptcy that an individual or sole proprietorship might apply for are Chapter 7 and Chapter 13. Credit Report agencies are private entities and, to a large extent, set their own rules regarding bankruptcy credit report rules. In general, however, a Chapter 7 bankruptcy ...
Can I Get a a Loan on a New Car? Buying a car after bankruptcy is only one of the small problems you'll encounter after filing. Lenders, in general, are less likely to give you a loan for any large purchase if they see "bankruptcy" on your application form. But buying a car after bankruptcy ...
Can I get a Credit Card after Bankruptcy? As you might expect, getting a credit card after bankruptcy will be a bit more difficult than it would be otherwise. Many credit card issuers, having seen how you erased your previous credit card debts via bankruptcy, will be hesitant to give you another card. However YES, ...
Tips Before Filing for Bankruptcy There are many worse things in life than filing for bankruptcy, but still, on a financial level, filing for bankruptcy is admitting that you may be a financial failure. Economies go through cycles. And these days, you hear a lot of talk about bankruptcy filings. Many of the stories are ...
What are the Types of Bankruptcy in the US? Although, there are many types of bankruptcy, the common goal of all of them is to help the person or business filing for bankruptcy get back on their feet and become a valuable asset to society again. Bankruptcy is filed on the state level. This makes the ...
Why file a bankruptcy petition for debt relief? If you are experiencing difficulty in paying your debts, and there does not seem to be any future prospect of being able to pay those debts, the United States Government recognizes that these hardships may be extraordinarily difficult or impossible to overcome. The United States Constitution provides ...
Here's the basic rundown: 1. Determine Your Course First in a Chapter 7 case, we determine what are your total debts (money you owe) and assets (property you own - such as car, house, tools, etc.). We start by providing a credit check which generally lists all or your debts. Sometimes debts are not listed on ...
