About Me

Understanding Bankruptcy Cases and Outcomes

Hello, my name is Quianna Ridalgo. I enjoy talking to others about bankruptcy case outcomes. Court officials handle each type of debt, from credit cards to home loans, differently. Debtors must carefully prepare themselves for the court proceedings to cope with the outcome appropriately. The way creditors handle the discharged debt also interests me. Bankruptcy attorneys assist their clients with each step of the bankruptcy process from filing paperwork to meeting with creditors. Debtors and creditors both receive counsel that helps them move forward appropriately at every point in the case. The information I share on my site may help you learn about everyone's role in these complex cases. Feel free to come by anytime to learn more information about this interesting subject.

Latest Posts

Search

Tags

Understanding Bankruptcy Cases and Outcomes

    Things To Avoid Before Filing For Bankruptcy

    If you are in desperate need of financial relief and have decided to use bankruptcy, there are several important things you should avoid doing before you file. If you do the wrong things, it could harm your case, and here are some of the top things you should try to avoid doing before you file. Racking Up New Debt Some people will intentionally use their credit cards to buy things they want just before filing.

    Is Bankruptcy The Right Move For You?

    If you are considering filing a chapter 7 bankruptcy, you may be wondering if doing so is worth the potential negative effects on your credit. You should keep in mind that credit can be rebuilt over time and that if your finances are in chaos, a bankruptcy may be the only solution. A chapter 7 bankruptcy provides several different positive effects that more than counteract the negative ones, so read on to learn more.

    Paying The Price For An Auto Accident

    Being involved in an auto accident can not only be frightening, it can be costly. Even if you have good insurance coverage, there are a lot of costs that you might end up paying out of your own pocket. Seeking financial compensation against the liable party in a personal injury case can help you recoup some of the money that you will spend following a car accident. Being familiar with the true price you will pay for an auto accident will help you see the value in seeking the help of an experienced personal injury attorney.

    What To Know About Bankruptcy And Foreclosure

    Are you potentially facing bankruptcy and worried about how it will impact your home? If so, you could be looking to come out on the other side with your home still belonging to you. Here is what you need to know about foreclosure and bankruptcy. Bankruptcy Will Not Prevent Foreclosure Forever For homeowners that are facing foreclosure, you must know that a bankruptcy filling will only temporarily prevent your home from being foreclosed.

    Means To An End: What To Know About Bankruptcy Means Testing

    When you are considering a bankruptcy filing, you should take into consideration all facets of this legal act and have a full understanding of what is involved. Moreover, a chapter 7 bankruptcy filing will impact your ability to get more credit for many years, so it should not be an impulsive move. In most cases, financial hardship drives most to make that big decision, and there are few things more efficient than a bankruptcy filing to eliminate debt and put an end to both debt collection efforts and lessen the potential for losing property.

    Before Bankruptcy: What To Consider

    When the stress from your bills and financial life are so overwhelming that you can't take it anymore, bankruptcy can seem like a welcome solution. However, to truly recover from this period in your life, you'll need the information and tips here before you even complete your bankruptcy petition. Know that All Your Debts Might Not Disappear A common misconception about bankruptcy law is that every single debt you've got will be cast aside once you complete your bankruptcy petition.

    Thinking About Bankruptcy For Credit Card Debt? What You Need To Know

    The average American household has somewhere around $17,000 in credit card debt. However, some people have debt that far exceeds this amount. If you happen to fall in the latter group, bankruptcy may be an option that can offer you some relief, but there are some things you need to know if you're considering this decision. Talk To The Bank First Bankruptcy should never be your first resort. While it can help you avoid financial ruin by eliminating your debts, it does come with short and long-term consequences.

    How Chapter 7 Bankruptcy Deals With IRS Tax Liens

    Filing Chapter 7 bankruptcy is a good option if you want to get out of debt without repaying all the debts you owe, but it has limits. In other words, Chapter 7 bankruptcy will not usually eliminate all the debts you have, and it may not eliminate IRS tax liens you have on your house. Here are a few things you should understand if you have IRS tax liens on your house and are planning on filing for Chapter 7 bankruptcy.