Bankruptcy can be a daunting process, but with the right legal guidance, you can find a way to manage your debts and regain control of your financial future. Chapter 13 bankruptcy is a viable option for individuals looking to restructure their debts and create a manageable repayment plan. In this blog post, we will explore the Chapter 13 bankruptcy law services offered by experienced attorneys who specialize in helping individuals through this complex legal process.
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Are you considering filing for bankruptcy protection in the new year? Even if you're still undecided about this big step, the moves you make beforehand can have a big impact on your success or failure. How? Here are a few things to keep in mind.
1. Avoid Credit Card Fraud
Bankruptcy fraud — whether accidental or intentional — can scupper your bankruptcy case. The judge may also deem the associated debt non-dischargeable.
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Federal tax liability is one of those things that you can't avoid no matter how hard you try. In fact, any attempt to do so could ultimately lead to legal trouble with the Internal Revenue Service. Whether you've missed one year's filing or many, it's important that you get those returns filed as soon as possible. Here are a few of the things that you need to know about past-due and missing tax returns.
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Everyone feels good when they own their dream home because they will live independently and enjoy their desired level of privacy. That's why most people apply for a mortgage to speed up the home-buying process. However, foreclosure can crush your dream because it means your home is now a bank's property. Actually, foreclosure is a nightmare for many homeowners because it makes them lose the home they have sacrificed a lot to own.
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Chapter 7 bankruptcy is a legal tool that people use when they need a way out of debt. Bankruptcy is not the only way out of debt, but it works well for many people. Before using it, you should learn as much as you can about it. You might also want to research the consequences of filing for this branch of bankruptcy. Here are some of the ways a Chapter 7 case will treat your debts when you file.
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