Court Cases And Bankruptcy: How They Affect Each Other
The old saying that when it rains it pours can often apply to financial and legal matters. When those two worlds collide, it can be confusing and stressful. If your financial situation has eroded and you are considering filing Chapter 7 bankruptcy, certain legal matters can be affected. These matters are serious and need to be discussed with a bankruptcy lawyer, but read below for an idea of what might happen with court cases during bankruptcy.
Can You Lease An Apartment After Declaring Bankruptcy?
Almost everyone considering bankruptcy is wary about what might happen afterward to their financial situation. While bankruptcy filings do place a mark on your credit history, repeated late payments, court judgments, foreclosures, and repossessions can be even more damaging. If you expect to move within the next 10 years, it's smart to consider how a chapter 7 bankruptcy filing could affect your ability to sign a lease. Read on to find out more about that issue.
Can You Put An End To Your Chapter 13 Reorganization Plan?
If you have had to declare bankruptcy, there are two main types of consumer bankruptcy codes that govern the procedures. Chapter 7 bankruptcy filers have most or all of their debts forgiven but stand a chance of losing property. For various reasons, some filers are drawn to filing a chapter 13 bankruptcy instead. While all legal procedures can be difficult to stop once started, chapter 13 reorganization plans can be halted in most cases.
Facing Foreclosure? How A Foreclosure Attorney May Help Save Your House
Although foreclosure rates may not be as high as they have previously been, nearly one in every 2,500 homeowners was facing some stage of foreclosure proceedings in February 2019. While most homeowners sign a mortgage agreement believing that they will always be able to make the payments, unforeseen circumstances can lead to default. Sometimes, those circumstances aren't even your fault. If you are facing the potential for foreclosure, it is in your best interest to talk with a foreclosure attorney right away.
Two Ways To Counter A Debt Buyer's Claim That You Owe Them Money
When people default on their accounts, it's common for creditors to sell those accounts to debt buyers to recoup some of the money they lost. These buyers then take on the responsibility for collecting the debt, which oftentimes includes suing the debtor for the money. If you find yourself having to defend a lawsuit filed by a debt buyer, here are two ways to respond that may help you win the case.
