Should I Seek Legal Advice From a Small Claims Attorney?
Are you considering filing a small claims court case but unsure of the best path to take? Seeking legal advice from an experienced small claims attorney is one option that can be beneficial. Knowing whether or not it's right for you requires understanding what services they provide and how they differ from other legal professionals. Small claims attorneys specialize in cases related to civil lawsuits which involve monetary damages up to a certain limit set by each state. They
What is the Chapter 7 Bankruptcy Timeline?
Filing for Chapter 7 bankruptcy has become increasingly popular in recent years, as it offers debtors a fresh start financially. The process of filing for Chapter 7 bankruptcy can be confusing and stressful, so it’s important to understand the timeline before you make any decisions. Knowing what to expect from the process can help you plan your finances accordingly and avoid some possible complications. The Chapter 7 bankruptcy timeline lasts approximately four to six months
Best Do It Yourself Chapter 7 Bankruptcy Software
Do it yourself Chapter 7 bankruptcy software provides an efficient and affordable way to file for bankruptcy. It allows individuals to easily prepare all the necessary forms and documents required for a successful bankruptcy filing without having to pay costly attorney fees. With a multitude of options available, it can be difficult to find the best do it yourself Chapter 7 Bankruptcy software. Fortunately, there are several reputable companies that offer intuitive software p
New York State Debt Collection Laws and Regulations
New York State has some of the most stringent debt collection laws and regulations in the country. The New York Debt Collection Laws are designed to protect consumers from unfair and deceptive practices by debt collectors. These laws give consumers the right to seek justice if their rights have been violated. The regulations provide that debt collectors must act within certain limits when attempting to collect a debt, such as giving adequate notice of all debts, providing a c
Is Filing for Bankruptcy Worth It?
Filing for bankruptcy is a major financial decision that can have long-term consequences. It's not something to take lightly, as many people are curious to know if filing for bankruptcy is worth it. Bankruptcy can provide an individual with a fresh start, but the process itself can be difficult and expensive. Before deciding whether or not filing for bankruptcy is the best option, individuals should review all of their options and consider the potential consequences of filing
What To Do If A Creditor Violates The Automatic Stay
If you are facing a debt collection lawsuit, filing for bankruptcy can provide relief by instituting an automatic stay. This stop creditors from coming after you or your property while the bankruptcy process is underway. However, if a creditor continues to pursue you despite the stay, it is important to take action in order to protect yourself and your assets. When a creditor violates the automatic stay it is considered an act of contempt and can result in legal consequences.
How Will Filing Bankruptcy Affect My Children?
Filing for bankruptcy can be a difficult decision to make, and it’s important to consider the effects that this may have on your children. Bankruptcy can bring about many changes in a family’s finances, but it’s important to understand that these changes don’t necessarily reflect negatively on the entire household. There are certain factors to keep in mind when considering how filing for bankruptcy could affect your children, such as their access to credit, future employment
New York’s Statute of Limitations for Credit Card Debt
In New York, the Statute of Limitations for Credit Card Debt dictates how long creditors can attempt to collect unpaid debt. Depending on the type of debt and when it was incurred, this period may last anywhere from three to six years. It is important for consumers to understand the statute of limitations in order to protect their rights and avoid facing legal action. In New York State, credit card debts are subject to a three-year statute of limitations period. This means th
What Can Go Wrong at the Meeting of Creditors?
An important part of the bankruptcy process is attending the Meeting of Creditors (also known as a 341 hearing). At this meeting, debtors are required to answer questions posed by creditors and a trustee. It is important to be prepared for this meeting, as many things can go wrong if you are not. First, it is possible that you may not have all the documents requested for your case. Documents such as proof of income and bank statements must be provided in order for your case t
If I Have a Debt That's Not Dischargeable, Should I Still List It?
Having debt that isn’t dischargeable in a bankruptcy can be daunting. While it may seem easier to not list the debt, financial experts suggest taking the opposite route and listing it anyway.  If I have a debt that's not dischargeable, should I still list it? Absolutely! Here are some of the main reasons why: First and foremost, listing non-dischargeable debts ensures they’ll get paid off. By filing for bankruptcy, creditors will no longer be able to contact you or take legal
