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An Overview of Chapter 7 Bankruptcy Information

An Overview of Chapter 7 Bankruptcy Information

by djacobson | Jan 2, 2021 | Chapter 7 Bankruptcy Attorney

Some people refer to Chapter 7 bankruptcy as a liquidation of debt. This type of bankruptcy allows the courts to discharge an individual’s debt as long as the debts meet certain guidelines. The courts created this type of bankruptcy to act as an orderly and supervised...
The Important Must Haves When Considering Bankruptcy Law Firms in Your Area

The Important Must Haves When Considering Bankruptcy Law Firms in Your Area

by djacobson | Oct 2, 2020 | Chapter 7 Bankruptcy Attorney

Bankruptcy attorneys are typically highly sought after when the economy is not good. However, when clients approach the attorneys, they usually have little to no knowledge about the bankruptcy process. They also do not have the luxury of time to research it. These...
Tips to Choosing a Chapter 7 Bankruptcy Lawyer

Tips to Choosing a Chapter 7 Bankruptcy Lawyer

by djacobson | May 11, 2020 | Chapter 7 Bankruptcy Attorney

Some people who decide to file for bankruptcy are hesitant about hiring a Chapter 7 bankruptcy lawyer. However, hiring an attorney is usually necessary after all of their other options have been exhausted. In fact, it is in many individual’s best interest to...
Does Chapter 7 Eliminate Debt?

Does Chapter 7 Eliminate Debt?

by djacobson | Nov 8, 2018 | Bankruptcy, Chapter 7 Bankruptcy Attorney

Many debtors believe that by filing for bankruptcy their debt will be erased. Unfortunately, this is not entirely true. The type of debt the individual has and the chapter of bankruptcy he or she decides to file will be major factors in deciding the type and amount of...
Small Business Facing Financial Troubles Should Consult a Small Business Bankruptcy Lawyer

Small Business Facing Financial Troubles Should Consult a Small Business Bankruptcy Lawyer

by djacobson | Jul 17, 2018 | Bankruptcy, Chapter 11 Bankruptcy, Chapter 7 Bankruptcy Attorney

Is your small business in severe financial trouble? Have you asked yourself if bankruptcy would help? There are several questions that you should ask yourself before you begin the process. Consulting with a small business bankruptcy lawyer will also give you the...
Who Can File Bankruptcy Chapter 7?

Who Can File Bankruptcy Chapter 7?

by djacobson | Jun 7, 2017 | Chapter 7 Bankruptcy Attorney

Chapter 7 bankruptcy is also referred to as liquidation bankruptcy. Chapter 7 uses assets that are nonexempt and taken from the debtor. The assets are then sold to pay the creditors. Individuals who are seeking protection under Chapter 7 laws may have to forfeit most...
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