Mistakes You Risk Making When You Work Without A Chapter 7 Bankruptcy Lawyer
Making the decision to declare yourself bankrupt is often a major one. While it’s always recommended that you use a chapter 7 bankruptcy lawyer or any other lawyer to guide you through the process, some [...]
Chapter 7 Bankruptcy Attorney: What You Need To Know About Chapter 7 Bankruptcy
Chapter 7 bankruptcy is a liquidation proceeding where the court appoints a trustee to liquidate your assets for payment to your creditors. You assets include cash, vehicles, jewelry, antique, investments in brokerage accounts, and other [...]
Income qualification for Chapter 7 Bankruptcy
In order to get a discharge under chapter 7 bankruptcy relief, you must meet certain income requirements. Among other things, your average income from all sources in the last six months should be less than [...]
Difference between Chapter 7 and Chapter 13
If a debtor does not have assets which are above the exempt assets allowed and has an income which is equal to or less than a median income, he will most probably be qualified for [...]