4 Steps To Determine If You Should Declare Bankruptcy
4 Steps To Determine If You Should Declare Bankruptcy
1) Free Consultation With A Bankruptcy Attorney
2) Gather All Documents/Information
3) Consider Your Options
4) Plan
4 Reasons Why Bankruptcy May Be A Better Option Than Debt Settlement Or Debt Consolidation
4 Reasons Why Bankruptcy May Be A Better Option Than Debt Settlement Or Debt Consolidation
1) Bankruptcy Should Be “Option Of Last Resort”
2) Debt Is Too Large To Pay Back
3) Tax Consequences
4) Unsecured VS. Secured Debt
What Happens to My Car if I Declare Chapter 13 Bankruptcy? – 4 Things To Know
What Happens to My Car if I Declare Chapter 13 Bankruptcy? – 4 Things To Know
1) Paid Off
2) Pay The Value VS. Pay What Is Owed
3) Cramdown The Interest Rate
4) Option: Turn In The Vehicle And Discharge The Debt
How Will My House/Mortgage Be Treated In A Chapter 13 Bankruptcy? – 4 Things To Know
1) Pay Your Regular Monthly Mortgage Payment
2) Pay Amount You Are Behind On Mortgage
3) Option: Surrender House And Discharge The Mortgage
4) What If Your Home Has No Mortgage?
4 Common Mistakes Made During A Bankruptcy
1) Incur Debt
2) Withdrawal From Retirement
3) Transfer Property
4) Failure To Disclose Change In Circumstances
4 Common Myths About Bankruptcy
(1) “I Will Lose Everything If I File A Chapter 7 Bankruptcy” – WRONG;
(2) “Bankruptcy Will Permanently Ruin My Credit” – WRONG;
(3) “Everyone Will Know That I Have Filed Bankruptcy” – WRONG;
(4) “It Is Too Late To File Bankruptcy” – WRONG
7 Things To Give Your Attorney To See If You Qualify For Chapter 7 Bankruptcy
(1) Paystubs
(2) Expenses
(3) Tax Returns
(4) Assets
(5) Debts
(6) Household Size
(7) SOFA
4 Things You Should NOT Do Before Filing Bankruptcy
(1) Transfer Property/Assets
(2) Incur Debt
(3) Pay Unsecured Debt
(4) Pay Off Secured Debt
Chapter 7 Bankruptcy – 3 Things To Know
(1) Wipe Away Unsecured Debt (i.e. Credit Cards, Medical Bills)
(2) Manage Secured Debt (i.e. Mortgage, Car Loan)
(3) Quickly Receive Your “Fresh Start”