In a Chapter 7 bankruptcy, all of the assets and debts must be identified and disclosed to the court. We always pull a credit report to have a complete list of debts owed and companies that are creditors [such as credit card companies or auto finance companies]. Many people worry that filing a Chapter 7 […]
What Is the Difference Between Chapter 7 and Chapter 13
A Chapter 13 Bankruptcy is a reorganization plan where you make a payment each month in order to catch up when you have fallen behind on secured credit (like a mortgage or car loan). In other words, in Chapter 13 bankruptcy, you will need to pay your mortgage, car payment(s), household expenses, and a trustee […]
Chapter 7 Bankruptcy Requirements
There are many benefits of filling bankruptcy. By filing either Chapter 7 bankruptcy or Chapter 13 bankruptcy you can eliminate debt, wipe out your…
Bankruptcy Lawyers in Los Angeles
Filling Chapter 7 Bankruptcy with a bankruptcy lawyers allows you to wipe out your debt. Filling Chapter 13 bankruptcy when you can not afford to…
