Unemployment Disqualification
In the United States, unemployment benefits are given to those who have lost their jobs. To receive these benefits, claimants must meet certain eligibility requirements. One of these requirements is that the claimant must be able to work and actively looking for work. If it is determined that the claimant is not able to work or is not actively looking for work, the claimant may be disqualified from receiving unemployment benefits. There are a few reasons why a claimant may be
Remove Inquiries From Credit Report
If you're looking to improve your credit score, one of the first places you should start is by removing any inquiries from your credit report. Inquiries can stay on your report for up to two years and can significantly impact your score. Fortunately, there are a few ways you can remove inquiries from your credit report. One method is to dispute the inquiry with the credit bureau. This process is typically fairly simple and can be done online or over the phone. Another option
Filing Bankruptcy On Credit Cards
If you're considering filing for bankruptcy because of credit card debt, you're not alone. In 2019, Americans racked up $1.07 trillion in credit card debt, and about 7% of households carry credit card debt that exceeds $10,000. Filing for bankruptcy can be a way to get out from under overwhelming credit card debt, but it's not a decision to be made lightly. Here's what you need to know about filing for bankruptcy on credit cards. When you file for bankruptcy, your credit card
Can Debt Collectors Call Your Family
Debt collectors are known for their aggressive tactics when it comes to collecting on a debt. But can they legally call your family members? The answer is maybe. Federal law prohibits debt collectors from using abusive, unfair, or deceptive practices when collecting a debt. That means they can’t threaten you, harass you, or lie to you. But there’s no law that specifically prohibits them from calling your family members. There are some states that have laws that protect consum
Chapter 11 Vs Chapter 7
In the business world, there are two primary types of bankruptcy that companies can file for: Chapter 11 and Chapter 7. Both have their own distinct benefits and drawbacks, so it's important to understand the difference between the two before making a decision. Chapter 11 bankruptcy is typically used by businesses that want to stay in operation but need time to reorganize their finances. This type of bankruptcy offers more flexible terms and allows businesses to negotiate wit
My Car Was Never Repossessed After Chapter 7
In a Chapter 7 bankruptcy, the debtor's nonexempt assets are liquidated and the proceeds are distributed to creditors. However, certain property may be exempt from liquidation. For example, in many states, a debtor's car is exempt up to a certain value. As a result, the debtor may keep their car even after filing for Chapter 7 bankruptcy. The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over. Our goal is
How To Remove Repossession From Credit Report
It's not easy to remove a repossession from your credit report, but it's not impossible. If you're trying to improve your credit score, you may be wondering how to remove repossession from your credit report. There are a few things you can do to try to remove a repossession from your credit report. You can dispute the item with the credit bureau, you can try to negotiate with the lender, or you can wait it out. If you're trying to improve your credit score, removing a reposse
Bankruptcy For Credit Card Debt
If you're considering bankruptcy for credit card debt, you're not alone. Every year, thousands of Americans file for bankruptcy due to overwhelming credit card debt. While bankruptcy can be a daunting process, it can also be a fresh start for your finances. Here's what you need to know about bankruptcy and credit card debt: 1. Bankruptcy will wipe out your credit card debt. 2. You'll have to give up some of your assets in a Chapter 7 bankruptcy. 3. You'll have to make payment
Bankruptcy Pros And Cons
When it comes to personal bankruptcy, there are pros and cons to consider. On the plus side, bankruptcy can give you a fresh start by wiping out your debts. This can help you get back on your feet financially and make it easier to manage your money in the future. On the downside, bankruptcy can be expensive and it will stay on your credit report for seven to ten years, making it harder to get loans or credit cards during that time. It’s important to weigh all of these factors
Bankruptcy Dismissal Vs Discharge
When it comes to bankruptcy, there are two different types of outcomes that a person can have: a dismissal or a discharge. While both of these options will allow the person to have their debt wiped clean, they are still very different from one another. Here is a look at the key differences between a bankruptcy dismissal vs discharge. A bankruptcy dismissal is when the court decides to not allow the person to have their debt discharged. This usually happens because the person
