Bankruptcy Attorney

Bankruptcy Attorney

Bankruptcy Attorney

Bristol, Va. bankruptcy attorney sentenced to 4 months in prison for wire fraud – WJHL

Bristol, Va. bankruptcy attorney sentenced to 4 months in prison for wire fraud
ABINGDON, VA (WJHL) – A Bristol, Va. attorney was sentenced to four months in prison and ordered to pay restitution in U.S. District Court in Abingdon Tuesday, after he reportedly stole more than $160,000 from his employer. According to a federal court …
Bristol bankruptcy attorney receives 4-month sentence for wire fraud The Daily Progress
Bristol attorney receives 4-month sentence for wire fraud
Bristol lawyer sentenced to prison for stealing from firm WCYB

Bankruptcy attorney says rapper 50 Cent will try again to sell his Connecticut … – Fox Business

Bankruptcy attorney says rapper 50 Cent will try again to sell his Connecticut
Fox Business
FILE – In this Monday, July 20, 2015 file photo, actor Curtis “50 Cent” Jackson attends the premiere of “Southpaw” at the AMC Loews Lincoln Square, in New York. Jackson’s bankruptcy attorney says he’ll try again to sell his 50,000-square-foot Conn
50 Cent’s Lawyers Say Rapper Will Put Mansion Back On Market Hartford Courant

bankruptcy attorney says rapper 50 Cent will try again to sell Connecticut mansion Medicine Hat News

all 122 news articles »

San Bernardino bankruptcy: tentative union agreement in place, contentions … – San Bernardino County Sun

San Bernardino bankruptcy: tentative union agreement in place, contentions
San Bernardino County Sun
RIVERSIDE >> San Bernardino has a tentative contract agreement with its largest employee group, the so-called general unit, the city’s bankruptcy attorney announced in court Tuesday. Coming on the heels of a much-anticipated agreement with the Police …

The Complete Debt Relief Manual

Step-by-step Procedures For: Budgeting, Paying Off Debt, Negotiating Credit Card And IRS Debt Settlements, Avoiding Bankruptcy, Dealing With Collectors And Lawsuits, And Credit Repair – Without Debt Settlement Companies
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Experienced Bankruptcy Attorney Are Available In Ann Arbor

To understand in simple terms, bankruptcy is a process through which consumers as well as businesses can remove or repay some or a part of their debts under the protection of the federal bankruptcy court. In most of the cases, bankruptcies can be divided into two types, namely liquidation and reorganization. Under the liquidation category comes Chapter 7 bankruptcy plan. It is called liquidation since the bankruptcy trustee can take and sell some of the property to pay back some of their debts, though they may keep property that is protected under state law. There are different types of reorganization bankruptcies, but out of them Chapter 13 is the one most commonly used. By filing this, one can keep all of their property, but they must make monthly payments over a period of three to five years to repay all or some of their debts.

Bankruptcy Attorney, Ann Arbor

Bankruptcy attorney present in Ann Arbor and the neighboring areas are known for giving excellent legal advice on bankruptcy, credit restoration and debt resolution. There are firms in Ann Arbor which exclusively practice bankruptcy law and debt resolution and ensure that their clients get full attention to solve their financial issues in the best possible manner. With these attorneys, clients can discuss their financial circumstances as well as their long term goals. They can go for free, confidential consultations and discuss their financial situation with a licensed Ann Arbor bankruptcy attorney. The attorney will inform them about Chapter 13 debt consolidation plan which not only help them to adjust their debts but also provide protection from creditors. It helps to stop home foreclosure and the debtor can either set up repayment terms or eliminate their further debts. It also helps to remove a second mortgage or a home equity loan thus reducing the total debt owed on home.

Does Bankruptcy Stop Foreclosure

At times, people fall into foreclosure because of a high mortgage payment which they are unable to pay or fit anywhere in their monthly budget. In such a situation, Chapter 13 bankruptcy is very helpful and it provides different ways to restructure the mortgage and other debts to improve the overall budget. By using Chapter 13 process, attorneys can negotiate their loan modification with mortgage lenders. The program also provides additional benefits that makes it profitable to seek a loan modification, this include Home Affordable Modification Program (HAMP) protection. So, gathering more information in such situations is beneficial to tackle unexpected troubles.

Five Signs that You Need the Help of a Bankruptcy Lawyer

If you are one of the people who are having difficulty in making ends meet such as settling bills and everyday expenses, consider declaring bankruptcy. Nonetheless, filing for one is a complicated process, so you will need the assistance of a Baltimore bankruptcy lawyer to help you go through the steps.

There are different categories of bankruptcy, hence, identifying which category suits your case is essential.  If you are experiencing the following, call a bankruptcy attorney in Baltimore immediately:

– No cash flow (from your main source of income)

– Can’t pay the ongoing bills, and you are carrying a high credit card balance

– Creditors and debt collectors are calling you more often

– Your checks are starting to bounce, and you are starting to borrow from your retirement plan

– You are close to panicking on how to handle increasing debt

When to Choose a Chapter 7 Bankruptcy Attorney

If you are personally filing for bankruptcy and cannot repay your debts over time, hire the services of a Chapter 7 bankruptcy attorney. In exchange for some of your personal assets, this will give you a fresh financial start. If you are running a business and if turning it over to creditor is the only option to clear your debt, a Chapter 7 bankruptcy lawyer can be of immense assistance in this matter.

When to Hire a Chapter 11 Bankruptcy Lawyer

In comparison to a Chapter 7 bankruptcy attorney, hiring the services of a Chapter 11 bankruptcy lawyer is ideal if there are other options left aside from turning over your personal properties or businesses. This type of bankruptcy lawyer can help you create a negotiation plan with creditors on how you can pay your debt. The same goes if you own a business, because the lawyer can help you have the time to restructure your business while reorganizing your debt to be paid later in time.

Do I Really Need a Bankruptcy Lawyer?

If you are filing for bankruptcy as an individual, having a lawyer to represent you in court is not required. However, businesses with partnerships or corporations need a bankruptcy lawyer throughout the process. As a rule of thumb, employ the services of a bankruptcy attorney if you find the procedures in bankruptcy filing complicated. Moreover, a professional and seasoned bankruptcy attorney can help you protect your rights as a debtor.

Things to Expect When Working With a Bankruptcy Lawyer

It all depends on the type of bankruptcy you file. A bankruptcy lawyer can lower, settle, or reorganize your debt so that you can pay when you are able to. Usually, creditors will rather obtain a lower amount than none, so they are more than willing to provide discount from the original amount you owe them. If you are a business owner filing for a commercial bankruptcy, however, there is a chance that you will lose your business.

If you want to have a smoother process, a Baltimore bankruptcy attorney can be of immense help. He can carefully evaluate all aspects of your situation, recommend the bankruptcy type you must file and help you every step of the way.

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