Tag: bank attorneys

  • Is Chapter 7 Bankruptcy Deleted?

    Is Chapter 7 Bankruptcy Deleted?

    Filing for bankruptcy can be quite an emotional experience for people. It is difficult to admit that you have been unable to manage your finances in a proper fashion. What is worse is that bankruptcy becomes public record and is reflected on your credit history. This makes it difficult for people to obtain new credit at reasonable rates or even get a job. However, Los Angeles based bankruptcy law firm Recovery Law Group informs that bankruptcy records are deleted ten years from filing date in case of Chapter 7 and seven years from the filing date in case of Chapter 13. This is because usually no debts are paid in case of former, while some portion of the debt is paid through the repayment plan in the latter case. It is important to note that the discharge date won’t have any effect on the deletion or inclusion of accounts in bankruptcy. For any clarity about bankruptcy, you can call 888-297-6023 and consult with experienced attorneys.


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    • Worried About Huge Debts? Bankruptcy Help is Available

      Worried About Huge Debts? Bankruptcy Help is Available

      Financial troubles can hit anyone anytime, however, this should not be the cause of worry for you. People have come out of worse conditions unscathed. According to Los Angeles based bankruptcy law firm Recovery Law Group, bankruptcy is one of the best ways to get rid of a huge amount of debts without causing much strain on your life. There can be several reasons why a person ends up accumulating large amounts of debts, such as bad financial decisions, unexpected job loss, huge credit card bills, sudden medical emergencies, etc. Irrespective of the reason, bankruptcy can help you take control of your finances. An experienced bankruptcy attorney can help you deal with the finer nuances of bankruptcy. Call expert bankruptcy lawyers at 888-297-6023 to find out the best possible way of getting rid of debts.

      What to do when facing bankruptcy?
      For people who have been facing bankruptcy for the first time, things may seem a bit daunting. However, the system is available to help first-timers as well as those who have previously had the misfortune of filing for bankruptcy. The government, through the Justice Department, offers basic information regarding bankruptcy in various languages. Several websites also help in providing information regarding matters pertaining to bankruptcy. You can browse through the concerned official and legal websites and opt for a free legal consultation with experienced bankruptcy lawyers to determine which chapter of bankruptcy would suit you best.

      Bad financial conditions can often drive any individual to the extreme. However, help is available in the form of bankruptcy. To get the best possible solution, it is important to consult an expert bankruptcy attorney and discuss your case and finances with them. It is also important to understand what your expectations from the case are. After consultations and keeping your requirements in mind, the appropriate chapter is chosen to file bankruptcy under.


        *Are you more than 60 days past due on your mortgage?

        *Do you own a home?

        Are you currently working?

        By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

      • What Factors Should You Consider Before Choosing Bankruptcy Attorney in Los Angeles?

        What Factors Should You Consider Before Choosing Bankruptcy Attorney in Los Angeles?

        More often than not, bankruptcy is extremely frustrating. People are often at their wit’s end when they choose bankruptcy as an option. Choosing the best bankruptcy attorney or a law firm that has enough experience in dealing with similar cases can be an asset to your case. Since bankruptcy can have long term consequences, having an in adept legal counsel can help the case a lot. There is no dearth of bankruptcy lawyers in the city, however, it is often difficult to choose one from them. Having some tips available to help you narrow down possibilities can be a great relief. Los Angeles based law firm Recovery Law Group provides you with some tips to consider while filing for bankruptcy:

        • Delay Doesn’t Help – Though the prospect of bankruptcy may seem daunting and scary, it should not be a deterrent in finding a bankruptcy lawyer. Instead of waiting till the last minute to look for one, you can start looking for bankruptcy lawyers well within time. This helps your case as the lawyer also gets enough time to prepare your case. If you think, your financial situation requires professional handling, do not procrastinate.

        • Get recommendations – you will be surprised to know that bankruptcy is fairly common among people. More often than not, you might be able to find someone within your circle, who has had to take professional assistance to manage their financial problems. You can ask people around you for recommending bankruptcy lawyer. If an acquaintance is in the legal profession, they too can refer a reputed bankruptcy firm in your area. Alternately, you could also check certified bankruptcy specialists in your area. points to remember while choosing bankruptcy attorney should include:

        • An experienced and knowledgeable attorney
        •  Proven track record in similar cases
        • Should have A+ Better Business Bureau rating
        • Have AV® Preeminent™ Peer Review Rating from Martindale-Hubbell®
        • Excellent client reviews
        •  The supportive staff of associate attorneys
        • Have 10 out of 10 AVVO rating

        Compare Costs – Since you already struggling with finances, it is important that you compare costs. It is important to know that higher rates are not always equivalent to the high quality of service. Keep your eyes and ears open while consulting and be vary of anyone charging too high or too low.
        Opt for Consultation – Most bankruptcy attorneys offer free consultations. This is a way to get an honest assessment of your case to determine if bankruptcy is the best course of action available. These meetings can come in handy as you get an opportunity to assess the experience and knowledge of the lawyers while getting an idea about how profound your situation is. You also become aware of the options available to you during these meetings.
        Trust Your Instincts – Dealing with bankruptcy is often difficult and takes a toll on people. However, with the right attorney by your side, things can be manageable. Since bankruptcy attorney is the one to save you from dire consequences, you should always go with your gut instincts while choosing one.

        Though bankruptcy may seem like the end of the world for you, it is not so. Consulting with a bankruptcy lawyer can help make things clearer for you. It is important that you do not delay your meeting with a lawyer to get rid of your financial worries.


          *Are you more than 60 days past due on your mortgage?

          *Do you own a home?

          Are you currently working?

          By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

        • Meeting of the Creditors – Chapter 7 Bankruptcy

          Meeting of the Creditors – Chapter 7 Bankruptcy

          The meeting of creditors has to be formally attended by all the debtors who have filed for bankruptcy within 30 days of the filing. Once a bankruptcy filing has been done, a law firm such as Recovery Law Group puts to work their best attorneys for formalizing the documentation needed for the bankruptcy hearing. These set of documents will be checked by the bankruptcy trustee and meticulously reviewed at the hearing of the case.

          In the hearing, the bankruptcy trustee performs the verification whether the debtor really qualifies for Chapter 7 bankruptcy. Also, the status of the assets of the debtor is checked. There is nothing to worry about this scrutiny as long as all the assets have been divulged and the disclosures of all income/ transfers of the last two years prior to the filing have been shared. There is still a space for an unknown query and it is undeniable that it can get the debtors worrying.

          Clients tend to get nervous and worried about these 341 hearings (meetings of the creditors). They may get assistance from experts in the field, a team of bank attorneys will be a good find. They can brief you about the proceedings in these hearings and have you prepared. Recovery Law Group is a firm of this kind of servicing clients in Los Angeles and Dallas, TX regions. So check out their details and have the best attorney, Los Angeles on-boarded to help you with the meeting of creditors.


            *Are you more than 60 days past due on your mortgage?

            *Do you own a home?

            Are you currently working?

            By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.