Chapter 13

Who should consider bankruptcy?

Our firm has been representing individuals and commercial clients in bankruptcy cases, for more than 20 years. We specialize in in offering our clients high quality representation for Chapter 7 Bankruptcy or a Chapter 13 bankruptcy, depending on their specific needs. Because our firm practices exclusively bankruptcy law and any related legal issues, we are qualified to manage all our clients’ needs in bankruptcy from the simple cases to the most complex cases.

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If I have previously filed for bankruptcy am I eligible to file again now?

A prior Chapter 7 bankruptcy discharge prevents another Chapter 7 case for 8 years from the date of the first case filing.  A prior Chapter 13 discharge prevents a Chapter 7 case for 6 years unless the case repaid 70% of the debt and was filed in good faith.  A prior Chapter 13 Discharge prevents another

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Will a bankruptcy hurt the credit of my cosigner?

Cosigned loans may be repaid after a Chapter 7 is completed so the cosigner’s credit is not damaged. Often the loan will be left solely in the name of the cosigner and payment arrangements are made informally between the cosigner and the person filing bankruptcy so that the payments are made on time. The bankruptcy

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How do I re-establish credit after a bankruptcy case?

After completing a bankruptcy case it may be useful to obtain some credit. No law restricts the availability of credit so each lender may consider the bankruptcy filing, the credit history as shown on the credit report, and other indications of credit worthiness in deciding whether to make a new loan. Each lender is different

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Will filing bankruptcy prevent my getting a student loan?

Student loans are usually guaranteed by the federal government and are not based on the credit of the student. This type of student loan will not require a credit report and may be obtained after a Chapter 7 case is completed. If a student loan is needed during a Chapter 13 repayment plan a letter

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Types of Bankruptcy

Web Video Part 2 Types of Bankruptcy There are three main types of bankruptcy cases for individuals, the most common of which are chapter 7 and chapter 13. Running Time: (3:55)

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Limits of Bankruptcy

Web Video Part 3 Limits of Bankruptcy Some debts cannot be discharged in a bankruptcy. Running Time: (4:34)

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Filing for Bankruptcy

Web Video Part 4 Filing for Bankruptcy In order to file for bankruptcy, an individual must take a credit counseling course and accurately complete and file a number of documents. Running Time: (2:57)

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Creditors’ Meeting

Web Video Part 5 Creditors’ Meeting Every debtor is required to appear at a creditors’ meeting conducted by a trustee who asks the debtor questions about the debtor’s financial condition and gives creditors the opportunity to do the same. Running Time: (1:27)

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