Chapter 7 Bankruptcy – Common Madd Filing Bankruptcy

Home / Uncategorized / Chapter 7 Bankruptcy – Common Madd Filing Bankruptcy

After your initial consultation, you want to walk away feeling at ease with the attorney you spoke with. If you feel uncomfortable, then keep looking for another lawyer. You really don’t want to employ the services of a lawyer that you do not feel a good vibe with. It is important to remember that you are placing your future in the hands of this person. You want someone who will take the time to listen to your concerns and address them appropriately.

Another reason why finding a good oil and gas lawyers near me is important today is simply because Congress recently complicated the bankruptcy code. Many bankruptcy lawyers call the changes “barf” — Bankruptcy Abuse Reform Fiasco. According to experts, the law as it stands is so complicated that judges and lawyers alike are still trying to make heads out of tails from it. But most of us are probably not too surprised — sometimes it’s easy to wonder whether Congress really knows that it’s doing. Do they really read the bills they’re passing? We may never know.

With Chapter 7 one must meet certain criteria before he/she is able to file and is more for people who are unemployed. Chapter 13 is more suited for people who still have a good income, but are struggling to meet their financial responsibilities. In both cases it is imperative to get a Bankruptcy lawyer as you must go through the judicial system.

Before your case is complete, ask your bankruptcy to help you set up automatic payments. You can work out something with the actual creditor to have the money deducted from your checking account on a set day of the month, or you can set something up with your bank. Using this method of bill payment can be helpful and get rid of some of the financial anxiety.

I asked them to send me a letter verifying this debt and stating when the statute of limitations ends. She said “sure” and took down my address and phone number. We haven’t heard from her since, and probably never will.

Whenever you are considering spending money on anything other than essentials or to pay a debt, ask yourself this question, “Is this a want or a need?” If it is a need, spend the money. But if it is a want, then you probably do not need to spend the money for it. What we are asking you to do is to change your spending habits. Think about what you are buying and why you are buying it.

Cut off the credit card spending and focus on using cash as much as possible. This will cause you to question every purchase and help you spend more wisely. That being said, keep in mind that most people will use credit in an emergency. But stop all credit card use for everyday expenses.

Leave a Reply

Your email address will not be published.

  • Partner links