REAFFIRMING A DEBT Reaffirming a debt means that the debtor agrees to be responsible for a debt that would otherwise be discharged. This procedure most frequently arises when a chapter 7 debtor has a secured vehicle loan. The loan agreement provides that if the debtor files for bankruptcy, that filing is a default and the…
Bankruptcy-benefits Considering bankruptcy? you have a lot on your mind. Let me help you start fresh. I can show you the bankruptcy-benefits. I will evaluate your case, determine if you are eligible for bankruptcy, and tell you what type of bankruptcy you need. Then I will file it for you. Creditors will to stop calling….
THE FEDERAL EXEMPTIONS AS ESTABLISHED BY CONGRESS Certain property which falls within the description of property of the estate is exempted either by exemptions established by the U.S. Congress, called Federal Exemptions, or by exemptions established by states, called State Exemptions. in some states Debtors are free to choose either the Federal or the State…
Compassionate Wilkes-Barre, PA bankruptcy Attorney C. Stephen Gurdin Jr. both assists you with your current financial situation, and helps you plan for a better future one, working with you to: Rebuilding Your Credit …Determine if you are eligible for Chapter 7, Chapter 11 or Chapter 13 Bankruptcy Learn what property is exempt Strategize how to…
The automatic stay Upon filing of a bankruptcy certain actions of creditors are automatically stayed from collecting pre-filing claims.. This stay serves two main functions. First, it allows the debtor some breathing space to see if it can reorganize and retain some or all of the assets, continue its business, stop foreclosure, resume mortgage payments….
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