Recovery Law Group

  If you have been considering filing for bankruptcy, your first move must be to determine the right Chapter 13, bankruptcy attorney . With numbers of lawyers offering bankruptcy services, it is imperative to seek the following qualities in them: Free consultation Lawyers helping people with their financial challenges will usually offer a free consultation. However, you are not advised to invest your time and energy anticipating any lawyer will offer free bankruptcy counsel. You should always look for one that has demonstrated experience in offering effective and free consultation for bankruptcy.   Extensive experience As you are dealing with your financial obligations and struggling to decide on a strong financial future, you will want to work with a bankruptcy lawyer that has years of experience in providing effective and result-oriented bankruptcy counsel for people from various age groups and financial liabilities. An attorney who has demonstrated experience in w...

  Even though you can file for chapter 7 bankruptcy , there are certain circumstances while filing for chapter 13 bankruptcy may be more beneficial than filing for Chapter 7 bankruptcy. Gain on a car loan and mortgage in Chapter 13 In Chapter 13 bankruptcy , you are allowed to make up for the missed payments over a period of time and keep the car or home, something is not possible in Chapter 7 bankruptcy. Making up for the missed mortgage payments is only possible in Chapter 13 bankruptcy. Repay domestic support debts and nondischargeable tax in Chapter 13 bankruptcy You will be able to use Chapter 13 privileges to pay those debts in full over 3-5 years. Repay other debts over time in Chapter 13 bankruptcy When you are having creditors coming at you for your property and salaries, it gets difficult to keep a shed over your head when paying off your debts. With the security of bankruptcy court, you will have a better opportunity of accomplishing both. The automatic sta...

For many people, to decide whether or not they should file for bankruptcy is not one to be taken on a lighter note, because there are several implications and conditions that go along with your decision. Today, we will be taking a close look at certain things you must consider and discuss when making a decision on whether or not you should go with the bankruptcy filing.  It is imperative for you to restate that everybody’s situation is unique, and you can never have a one-size-fits-all approach to handling financial disputes. Similarly, not all are ever on the same page either, and all these factors must be considered while making a significant financial decision, for example – whether or not to file for bankruptcy. Because the bankruptcy filing approach differs from one to another, it’s highly advisable that you consult with a reputable and experienced bankruptcy attorney before jumping to any sort of conclusion. Since they are experienced professionals in this particular area of...

Financial challenges could have an effect on different aspects of your life. The debt collection agency will try everything to reach out to you repetitively. This repeated contact, moreover self-developed debt-related mental pressure could hurt your health, and also your family’s overall stability. Even though an endless number of people in the USA are in debt, just as you are, you could feel you are in this swamp all by yourself. When you are under piles and piles of debts, you are advised to take necessary steps to eradicate your debts. As repeated efforts to collect debts turn more intense, you might be thinking to file for bankruptcy. To work with an expert bankruptcy lawyer could provide you with the lucidity you need to make an informed decision. This is the most satisfactory choice, provided your present financial condition. Yet, declaring bankruptcy is an alarming process. This entire legal process comprises of both federal and state laws, and different problems ranging fr...

  If you have a due appointment with a bankruptcy attorney to discuss a potential bankruptcy filing, have these following questions in mind. There are mainly two types of bankruptcy chapters, i.e. Chapter 7 bankruptcy and Chapter 13 bankruptcy. You will want to be sure that you have filed under the right chapter, and this is only possible through an experienced bankruptcy attorney. The following are some questions that you must ask a bankruptcy attorney – Must I be filing for bankruptcy? You must understand that while cases might appear to be similar, however each individual’s situation is different, and unique, so the attorney must listen to every bit of your details that you have got to share. Once you have shared everything, the attorney must provide you with a suitable suggestion that will not only ensure you some momentary debt relief, but actually help eliminate 99% of your pending financial liabilities. You must be wondering if there’s any alternative to bankruptc...