Bankruptcy

Call: 888-297-6203 Irrespective of the bankruptcy chapter you file under, if your car payments are current, you can keep the vehicle when you file for bankruptcy, say Los Angeles based bankruptcy law firm Recovery Law Group. Here’s what happens in different bankruptcy chapters: Chapter 7 bankruptcy If you wish to keep your car during this bankruptcy chapter, you need to reaffirm the loan. If you are current on the payments, you can continue making payments and a Reaffirmation Agreement will be provided by your loan financer. Once you sign the agreement, it will be filed in court, thereby [...]

Call: 888-297-6203 Once you file for bankruptcy, you will end up receiving many different types of summons including foreclosure. While filing for bankruptcy, you have the option of either surrendering your home or retaining it. If you decide to keep your home, you need to continue making payments on your mortgage. However, if you surrender the home and get a bankruptcy discharge, it is not necessary that all your liabilities end. Surrendering the home in bankruptcy takes care of only the financial part, say lawyers of Los Angeles based bankruptcy law firm Recovery Law Group. The deed of [...]

Call: 888-297-6203 People might shift to different states due to work reasons. This is generally not a matter of concern unless they have to file for bankruptcy. Since bankruptcy laws and exemptions vary from state to state, it is difficult to keep track of them. Hiring an attorney might be the best decision in this case. you can call 888-297-6023 to know your options from experienced bankruptcy lawyers. As per Los Angeles based bankruptcy law firm Recovery Law Group if you have been residing in the state for 180 days or more before filing for bankruptcy, then you [...]

Call: 888-297-6203 Many times, people who are facing foreclosure or repossession issues opt for bankruptcy. Their major concern at that time is to protect their assets and get rid of collection actions by creditors. Most of the time says Los Angeles based bankruptcy law firm Recovery Law Group, people do not worry about the ramifications of bankruptcy on their job or future employment options. Though bankruptcy doesn’t affect your current job, it can alter your chances of finding a new job. Filing for chapter 7 bankruptcy won’t inform your employer unless there was a wage garnishment order against [...]

Call: 888-297-6203 Bankruptcy is a decision that people generally do not take lightly. This is something that is approached when you have exhausted every other option for debt settlement. Everything said and done, bankruptcy is indeed extremely stressful, and it is better to be aware of everything related to bankruptcy to ease some of the pressure associated with bankruptcy. Lawyers of Los Angeles based bankruptcy law firm Recovery Law Group help you determine whether bankruptcy is something you should consider by listing some important points like: Assess your financial situation calmly before filing for bankruptcy, unless you are [...]

Call: 888-297-6203 Bankruptcy is not something you are looking forward to, however, sometimes circumstances are unfortunate, and bankruptcy is the last resort to get rid of your huge burden of debts. One of the biggest concerns people have according to lawyers of Los Angeles based bankruptcy law firm Recovery Law Group is that people don’t know when should they file for bankruptcy. An experienced lawyer can help you determine whether it is time to file for bankruptcy or you could opt for any other debt resolving the solution. To consult experienced bankruptcy attorneys, you can call 888-297-6023. Here [...]