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Archive for 'Bankruptcy Attorney'

Rationalising the Stigma of Bankruptcy Part 1

August 27, 2008

In the first of a series of articles, Stephen Morgan tries to wrestle with the oft misunderstood lending criteria that Modern Day Financial Institutions use to help fuel their financial expansion and growth but at what expense?
Hardly a month seems to go by when the Media isnt reporting some incidence of the suicide or attempted [...]

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Bankruptcy Laws - Help Protecting Distressed People In Debt

Bankruptcy laws generally protect distressed people and businesses that can no longer pay their creditors. In the United States, bankruptcy laws are placed under federal jurisdiction as stated in the United States Constitution (in Article1, Section8), allowing the Congress to enact uniform laws on the subject of Bankruptcies throughout [all] the United States [districts]. Its [...]

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What Is Chapter 7 Bankruptcy

Chapter 7 of the Bankruptcy Code presides over the process of liquidation under the bankruptcy laws of the United States. (Compared to this, Chapter 11 presides over the process reorganization of a bankruptcy). Chapter 7 is the most common type of bankruptcy in the United States. When an unsuccessful business is deeply in debt and [...]

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Las Vegas Bankruptcy - An Option to Resolve Financial Crisis

August 26, 2008

Las Vegas bankruptcy cases are generally dealt by courts under chapter 13 referred to as consolidation plan so that they could go for repayment of debt for at least up to next five years instead of writing off the full amount as under chapter 7, which in real term mean one is totally without any [...]

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New Bankruptcy Law - How Filers Will Be Affected

The new bankruptcy law, officially known as The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, is aimed at making it more difficult for debtors to file for bankruptcy under chapter 7.
Prior to the new law, which took effect on October 17, 2005, potential filers could walk away from their debts after giving up [...]

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Reasons Why You Need a Bankruptcy Attorney

August 25, 2008

As the debate rages on whether or not you need an attorney for bankruptcy, we gave you reasons why you dont need an attorney so now to be fair to the lawyers we are going to tell you why you need an attorney. The first thing we should say is getting an attorney is a [...]

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Bankruptcy Information - A Helping Hand In Trying Times

Bankruptcy is a phrase heard and used by many. Individuals tend to have pre-conceived notions about bankrupts that they are individuals who are totally broke. But bankruptcy information can be a real eye opener for debtors who are contemplating bankruptcy and individuals who are seeking information about bankruptcy. It helps debunk all the myths attached [...]

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Filing Bankruptcy Process As Per The Indiana Bankruptcy Laws

August 24, 2008

Filing bankruptcy as per the Indiana bankruptcy laws is a legal process and you need to follow many steps. If your finances have gone out of control and there is no other way to get out of the huge debts that you owe to various creditors, you may like to file for liquidation and save [...]

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Chapter 7 Bankruptcy Discharge

The primary purpose of bankruptcy court is to discharge certain debts to give a debtor a fresh start. A bankruptcy discharge releases the debtor from personal liability for certain specified types of debts. Discharge prohibits the creditors from taking any form of collection action against debtors on discharged debts. The bankruptcy discharge varies depending on [...]

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Can Bankruptcy Marketing Help Your Business

August 23, 2008

If your financial services company includes special programs for clients with bad credit, or secured credit cards, then bankruptcy marketing may be of interest as a niche advertising strategy. If your financial services company specializes in this type of credit, then bankruptcy marketing is necessary. Bankruptcy marketing is based on the collection of publicly available [...]

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