Bankruptcy

Need to File Bankruptcy a Second Time? Here’s an Overview of Both Chapters for Your Assistance

Financial problems can hit anyone anytime. However, there is no guarantee that despite your best efforts you might not hit a rough patch again. Many people are often confused that if they have opted for bankruptcy earlier to get rid of their debts, are they eligible to file for bankruptcy again? According to Dallas based bankruptcy law firm Recovery Law Group lawyers, if an individual has had a bankruptcy discharge previously, a certain time period is necessary before they can file for bankruptcy again. The various options available to people who have previously filed for bankruptcy are: If an [...]

2019-08-29T09:25:51+00:00
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Factors Which Help Attorney to Decide if Bankruptcy is the Best Option for You

When any person is finding it difficult to make ends meet and has a huge debt piling on, there are two options available for them; either opt for bankruptcy or for a debt repayment plan. People in difficult financial situations should make it a point to consult either a financial counselor or a bankruptcy attorney to find the best possible way to get out of their financial mess. According to lawyers of Los Angeles based bankruptcy law firm Recovery Law Group , the various factors to consider to decide which option will work for the client include: Your [...]

2019-08-29T09:25:30+00:00
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Bankruptcy does not need to be Intimidating!

Financial troubles can hit anyone, anytime. The primary step is to acknowledge financial problems and take adequate steps necessary to protect yourself and your family from adverse effects. Bankruptcy, though often detested, is an essential way to find financial stability. However, many people find bankruptcy intimidating. According to Dallas based bankruptcy law firm Recovery Law Group, this is primarily because of the lack of information about its advantages. You can easily overcome financial difficulties by opting for a consult with expert bankruptcy lawyers at 888-297-6023. the basic steps of facing bankruptcy include: Hiring experienced bankruptcy attorney Bankruptcy can [...]

2019-08-28T09:59:47+00:00
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Get Assistance for Social Security Disability Application and Appeals

Social security benefits are the rights of every individual in the U.S. who have worked for at least 10 years. As per Los Angeles based bankruptcy law firm Recovery Law Group, SSI (Social Security Income) and SSDI (Social Security Disability Insurance) are U.S. Federal association plans which help in providing financial aid to persons suffering from any disability which makes them unfit for work. Online assistance is available for people who wish to avail free disability benefit. Depending on your age, medical condition and work history, you can be eligible for Social Security Disability Insurance (SSDI) or Supplemental [...]

2019-08-28T09:59:38+00:00
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Protect Yourself Financially by Avoiding These Mistakes

Nobody wishes to fall on bad financial times. However, almost every single individual who has filed for bankruptcy due to an excessive amount of debts has made a few common mistakes and taken unnecessary risks which have resulted in them looking for a bankruptcy attorney. If you wish to avoid such a situation, it is important to learn from the mistakes made by others. According to Dallas based bankruptcy law firm Recovery Law Group, if you have filed for bankruptcy and gotten a discharge for your debts, you need to ensure that you make amends and improve your [...]

2019-08-26T11:46:24+00:00
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Most Common Questions Related to Bankruptcy Answered

Though bankruptcy is a legal method of getting rid of debts, there are various misconceptions attached to the entire process. It doesn’t help with people being confused due to lack of authentic knowledge regarding the process. There are various queries related to the process, which generally remain unanswered, says Dallas based bankruptcy law firm Recovery Law Group, adding further fuel to fire. Here are some of the most common questions related to bankruptcy answered by experts. Can I file for bankruptcy without a lawyer? Though filing for bankruptcy without a lawyer is allowed, yet it is not recommended [...]

2019-08-26T11:46:14+00:00
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What Options are Available in Case of Business Bankruptcy?

In this age where jobs are few and rare, many people turn entrepreneurs. However, starting your business is a risk. People often take loans to finance their dream. Many times, the lines between business finance and personal finance become hazy. In such a case, it is often difficult to separate the two. This becomes an issue if the business takes a downhill turn. According to Dallas based bankruptcy law firm Recovery Law Group, such an issue can be problematic at personal and business levels. Irrespective of the reason for your financial troubles, bankruptcy is always a viable option. [...]

2019-08-26T12:11:00+00:00
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Which Debts are Cleared by Bankruptcy?

Bankruptcy is an ideal way to get rid of debts. However, things can be quite confusing for the layman as the terms are often misunderstood. Though bankruptcy is meant to legally get rid of huge amounts of debts, lawyers of Dallas based bankruptcy law firm Recovery Law Group, inform that not all debts get discharged during the process. Depending on which chapter of bankruptcy you choose to file bankruptcy under, your debts can be reorganized, discharged or left as such. To know details about your options, consult with expert bankruptcy lawyers at 888-297-6023. Chapter 7 Bankruptcy If you [...]

2019-08-26T11:46:03+00:00
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Simple Truths about Bankruptcy

Bankruptcy is a misinterpreted word that is not discussed in open conversation. A person declaring bankruptcy is often looked down by society. In fact, bankruptcy is a good way to save face from bad loans and lead a respectable life. Bankruptcy is substantially explained on Recovery Law Group, which will expose myths about bankruptcy. # 1 myth Bankruptcy is often considered petrifying. In fact, bankruptcy is a good solution from never-ending debts, wage garnishments, creditors pressurization. It offers a fresh start for debtors and abstains foreclosure. All a debtor need is an experienced bankruptcy advocate to make the [...]

2019-08-22T13:04:54+00:00
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When is The Best Time to File Bankruptcy?

The USA law council has designed Bankruptcy to leverage people succumbed in bad debts. People often take loans to finance a business, higher studies or for any personal work. When they take loans, they are clear of the payment strategy and follow judiciously. Apparently, people may face some problems, which may prevent them to clear loans. The loans may become huge and unmanageable.  Instead of panicking they can file bankruptcy. An experienced legal professional can guide and help them in the procedure. For help visit- Recovery Law Group. The word bankruptcy itself may scare most of the people. [...]

2019-08-22T12:20:57+00:00
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