Foreclosure Help in Topeka, KS: How To Save Your House

Aug 23, 19 Foreclosure Help in Topeka, KS: How To Save Your House

Posted by in Bankruptcy Law

Foreclosure is legal process in which the lender seizes property of a homeowner who has fallen behind on payments. It is a word no homeowner under mortgage wants to hear. Getting foreclosure help is necessary to save your house. If you are afraid to answer the phone, you should realize you still have time to save your home. You have to act immediately because things can turn ugly. Ignoring the issue will not help the situation. Banks would rather not foreclose since they lose money. There are steps to take that may help you keep your home. Try to Negotiate Many lenders are more than willing to negotiate a new lower payment. This is better than avoiding phone calls and letters from your lender. You may be able to get a lower payment so you can catch up which benefits everyone. The bank gets their money and you keep your home. You may want t enlist the help of a lawyer during this time. Foreclosure laws can be complex and the lawyer could act as your middleman making certain the bank follows the correct procedure. The bank cannot just come take your home without following the law. You also may want to look into programs in your community that could help save your home. There are also programs on the national or state level to help homeowners. Another way to save your home is through bankruptcy. Bankruptcy is a legal process which absolves you of debts. When you file bankruptcy, creditors can no longer contact you about debt. However, it should be used as a last resort when everything else you try fail. You may be required to sell assets depending on which type of bankruptcy you file. If you do not have many assets, Chapter 7 is ideal. You must pass an income test to determine if you qualify. Chapter 13 provides you a means of paying off creditors without severely impacting credit. Just because you get a foreclosure notice does not mean...

read more

Points to Consider When Choosing Among Bankruptcy Law Firms in Henderson, NV

Feb 05, 19 Points to Consider When Choosing Among Bankruptcy Law Firms in Henderson, NV

Posted by in Bankruptcy Law

Once you have decided that it is in your best interests to file bankruptcy, your next step is to confirm your decision and seek the assistance of a seasoned attorney from one of several bankruptcy law firms that specialize in the law regarding filing for a Chapter 7, 11 or 13. It usually is not the best idea to represent yourself, so hiring a Henderson bankruptcy attorney who can look out for your best interests when filing for bankruptcy is key to getting your best foot forward for a fresh start. One of your primary considerations might be overlooked precisely because it is the most obvious one you need to discuss when “shopping” bankruptcy law firms in Henderson, and that consideration is, how much will it cost? Perhaps one of the central ironies of filing for bankruptcy, which is a legal way of saying that you have no money to pay your debts immediately, is that it costs money. There is also a fee for hiring a bankruptcy lawyer, but an attorney whom you can trust and with whom you feel comfortable who specializes in bankruptcy law will likely save you money in the long run by reducing and discharging more of your debt than you could have done on your own. Ask questions about not only how much they charge—ask for an estimate—but also how they charge. Do they charge by the hour or a flat fee? Also make sure you understand how they will bill you. Will the bill itemized? Can you pay over a period of time? Other questions you might consider when you are vetting bankruptcy law firms in Henderson, NV include finding out who performs the bulk of the work. Will a bankruptcy lawyer be handling your case, or will a paralegal handle much of the duties? Each has advantages and disadvantages; the benefit of the latter is that it usually costs less. Find out what kinds of cases the bankruptcy law firm has worked in the past and...

read more

Using Chapter 7 Bankruptcy To Escape Your Mound Of Debt

Mar 27, 15 Using Chapter 7 Bankruptcy To Escape Your Mound Of Debt

Posted by in Bankruptcy Law

Are you currently trapped under mounds of debt? Often times people spend years struggling to pay off their debt. Instead of dealing with such stress you should consider bankruptcy. Bankruptcy is one of the best ways to handle way too much debt. Chapter 7 Bankruptcy is arguably the most common form of bankruptcy pursued by everyday people. It’s often referred to as “liquidation” bankruptcy because the process will require a person to liquidate a significant amount of their property to cover their debt. Unfortunately, not everyone who files for Chapter 7 will be eligible to receive it. Although bankruptcy help can be very effective for handling debt, neither your debt nor your creditors go away overnight. Generally, it takes between 16 and 24 weeks to complete the entire bankruptcy process. When it comes to administrative and filing fees you’ll pay a little over $300; if you’re hiring a lawyer to help you, you’ll spend a lot more. When you file for Chapter 7 bankruptcy the court will order an automatic stay. An automatic stay will require all collection efforts by creditors to cease immediately. At this point it’s illegal for any collection agency to contact you. One of the downsides of filing for Chapter 7 is the financial control that you lose. When you file for bankruptcy you’re technically giving the bankruptcy court control over your property. After filing for bankruptcy, you’re not allowed to donate or sell any of your property without the knowledge of the bankruptcy court. All property and debts paid will need the approval of the bankruptcy court before they’re finalized. When it comes to your property, be prepared to part ways with some of it. All non-exempt property will need to be liquidated in order to pay your creditors. The bankruptcy court will decide what is and isn’t non-exempt. Luckily, rarely is a substantial amount of non-exempt property recovered for Chapter 7 bankruptcy. In most cases, the majority of a person’s property is exempt from liquidation. Consider all of...

read more

Bankruptcy Lawyers Could be Your Most Valuable Asset

Changes in the economy can create a downpour of negative occurrences in life. The consequences of a struggling economy can be drastic for those who aren’t financially prepared to ride out the storm. In fact, there are many people who face the loss of homes, recreational vehicles, careers and the list goes on and on. However, in order to stay afloat, it sometimes helps to gain the assistance of someone who is more familiar with your situation than you could possibly be and that’s where bankruptcy lawyers fit into this equation. There is a great chance that they’ve seen, heard or overcome exactly what you’re going through and they are eager to offer you the consultation and legal counsel you need to improve your financial future. Important Qualities Bankruptcy lawyers in Wheaton are trained to understand and fulfil the legal obligations of bankruptcy filings. This requires that they have a quality and intense understanding of the law and how it applies to individual cases. There are more and more people faced with the difficulties of debt payment each day and only the knowledge of a skilled attorney can steer them in the right direction. A good lawyer for any bankruptcy case will be one that is dedicated to the client and his well-being. He will also make certain that the client clearly understands any risks and possible outcomes associated with the filing process. Many people will have no idea what to expect during the process but a quality lawyer will shed light on the steps that are taking place and what is yet to come. The Inside Edition It’s perfectly normal for potential bankruptcy clients to feel overwhelmed and in some cases ashamed of their financial situation. There are millions of people in the world who have gone through, are currently going through or will go through very similar situations as yours. Therefore, feel positive that you are moving forward in a direction that will help to better secure your financial future and prepare...

read more

Tips for Gaining Sole Child Custody in Dayton, OH

Divorce is hard on everyone involved from the spouses themselves to the children that they have together. The only thing that can make a divorce even harder is fighting over Child Custody In Dayton OH. When it comes to fighting for sole custody in a court battle, the process can be grueling, emotional, and above all a long drawn out battle for the parents and child involved. Below you will find some tips on how to get through fighting for Child Custody In Dayton OH with your dignity and your emotions intact. Take the Fight Out of the Battle The first thing that you need to try to do is take the fight out of the battle. If there is any way possible that you and your feuding spouse can call a truce until the custody hearing is over, it will be a good thing to do. Try sitting down and talking to one another, instead of yelling and screaming about any and every thing concerning the children that you are fighting over. You might be surprised at what you can work out when calmer heads prevail. Remember what you are Fighting for The biggest thing in a battle for sole custody of a child is to remember what you are fighting for. You want to remember the children and try extra hard not to put them in the middle of your fight. You want to think about your children and never try to pit them against the other parent. For example, you don’t to fight in front of your children and you don’t want to try to turn your child against their father or mother. Try to remember that this is not the child’s fault, they cannot help it that you can’t get along and are involved in divorce proceedings. These are just a few of the tips that you should follow in order to get through a sole custody battle with your sanity intact. From remembering what you are fighting for to...

read more

Are You in Financial Trouble? How to Get Bankruptcy Help in Chicago

May 26, 14 Are You in Financial Trouble? How to Get Bankruptcy Help in Chicago

Posted by in Bankruptcy Law

Financial debt is a common problem in today’s world. Excessive debt is sometimes caused by job loss, an extended illness or divorce. When you are faced with a situation where you have more debt than you can afford to pay, the law gives you a way to either reorganize your bills to make your monthly payments manageable or dissolve your debt completely. The option that is best for you depends on your income, the types of debts you have and whether you want to keep your home. When you need Bankruptcy Help in Chicago, it is vital that you choose a lawyer who has experience helping clients in financial situations similar to yours. Some bankruptcy attorneys may focus on Chapter 7 filings while a foreclosure lawyer is more likely to focus on Chapter 13 bankruptcy. If you are deep in debt but you want to keep your family home, be sure to use a lawyer that can help you prevent foreclosure with a Chapter 13 bankruptcy. When a family is in debt because they don’t have enough income to pay their bills, Chapter 7 bankruptcy may be the best solution. For people who qualify, Chapter 7 bankruptcy can legally erase their unsecured debts. If you are in this situation and you are behind on your mortgage payments, you are probably going to lose your home. Fortunately, by using the skills you will learn in financial counseling, you can improve your credit score and may qualify for a new mortgage a few years after your bankruptcy has been discharged. There is no reason to be ashamed or put off getting the assistance you need if you are unable to pay your bills. Bankruptcy Help in Chicago is available for those who need it. Your lawyer and the financial counselors can help you prepare for life after bankruptcy to help you get back on your feet. As you begin to get new credit offers after your case is discharged, it is important to make sound financial...

read more