Chapter 7 Bankruptcy Requirements Compared to Chapter 13
The majority of bankruptcies filed in the United States take one of two forms: Chapter 7 and Chapter 13. Some people will be able to choose whether a Chapter 7 or Chapter 13 bankruptcy is right for them, while others may be forced to choose one over the other based on their income and the […]
A Bankruptcy Attorney Can Prevent Foreclosure on Your Home
Trusting your attorney, when facing foreclosure, is essential. Attorney Rodney D. Shepherd is dedicated to giving you the personal attention and legal representation you need.Instead of waiting and wondering about what might happen to your home, take some action. As soon as you receive a notice of consulting for your home, call us. We offer […]
Incomes Below State Median Qualify for Chapter 7 Bankruptcy
GAIN A BRIGHTER FUTURE BY BECOMING DEBT FREE Attorney Rodney D. Shepherd can offer his expertise regarding Chapter 7 Bankruptcy and help you through the process. Chapter 7 Bankruptcy is also referred to as Straight Bankruptcy. It allows people to discharge unsecured debt, including credit card debt, medical bills, and personal loans. Most student loan […]
Chapter 13 Bankruptcy: A Debt Repayment Plan for Those Who Make Too Much to Qualify for Chapter 7 Bankruptcy
TRUST THE EXPERIENCED ATTORNEY TO GET YOU THROUGH If your income exceeds the state’s median income levels, then you may seek debt relief with Chapter 13 Bankruptcy rather than Chapter 7. Attorney Shepherd is ready to help you through a Chapter 13 bankruptcy claim. He has over 20 years experience in the field and is […]
Bankruptcy May Be Your Way Out of Crushing Debt
I can remember a particular time when I tried to have one of my cases continued. The judge that the case had been assigned to had been defeated in a recent election, so the case was assigned to a new judge. The new judge was known for disposing of cases rather quickly, and he scheduled my case […]
Bankruptcy May Be The Best Way to Save Your Home
One concern that many people have about whether to file bankruptcy is being sure they will be able to keep their home. Basically, two items are considered when evaluating a person’s home. The first is putting a value on the house. This can easily be done by obtaining a real estate appraisal or market analysis or […]
The great and powerful automatic stay
The Greatest Benefit Of A Bankruptcy Is The Automatic StayThe greatest benefit of filing a bankruptcy is that an automatic stay immediately comes into effect. This basically means that creditors must stop any type of collection efforts against you regarding any claims that they may have had prior to your filing. Activities anywhere from telephone calls to the filing of lawsuits […]
Discharging Taxes
When approaching the issue of discharging taxes in bankruptcy, it is best to refer to that old quote by Benjamin Franklin. There are two things that are certain in life, death and taxes. Bankruptcy is no exception and taxes are generally not dischargeable. However, it should be pointed out that under certain circumstances particular taxes […]
Rebuilding Your Credit
The main purpose or idea of allowing a person to file for bankruptcy is so that they may have a fresh start in life. This will allow you to put many of your problems behind you and to start enjoying many of the fruits of life again. If you have bad credit, filing bankruptcy may […]
Discharging Student Loans
Most of the debts that a person has listed in their bankruptcy are discharged or eliminated. However, student loans are one of those type of debts that generally cannot be done away with, except in very limited situations.Creditors Have 4 Years To Collect Their Debt, But This Time Period Is Unlimited To Student Loans A […]