Why It Makes Sense To Hire A Bankruptcy Lawyer

If you are buckling under debt and can no longer afford to keep up with your bills, bankruptcy may be the ideal solution. Some people think that they can handle a bankruptcy case on their own or may think that hiring a bankruptcy attorney is too expensive when already dealing with financial issues. However, if you are planning on filing for bankruptcy in the near future, it is always in your best interest to hire a bankruptcy attorney to assist you.…

Should You Dismiss Your Chapter 13 Bankruptcy If You Can't Pay?

It’s not unheard of for people to run into trouble making their chapter 13 payments. If you miss too many payments in a row, though, the trustee will petition the court to dismiss your case. You may be tempted to let that happen or request a dismissal yourself, but here’s why you should avoid that option. You’ll Lose Valuable Protections Chapter 13 bankruptcy offers a number of benefits, but the most important one is the automatic stay.…

The Job Of A Chapter 7 Bankruptcy Trustee

Are you about to start the Chapter 7 bankruptcy process? If so, you’re likely wondering what the responsibilities are of the bankruptcy trustee. Here are three of the things that they will be responsible for throughout your bankruptcy case.  Trustees Identify Assets For Liquidation One of the primary things that the trustee is going to do is identify all of the assets that you have that are eligible for liquidation. You have plenty of debts that need to be paid off, and part of Chapter 7 bankruptcy is paying off as many of those debts as possible.…