What To Know About Lawyer Fees When Filing For Chapter 13 Bankruptcy

Bankruptcy is a great way to bail you out of your current financial challenges. However, you likely need a lawyer to get you through the process. Here are some things that you need to know about those lawyer fees that you need to pay.  The Lawyer Fees Can Be Rolled Into The Monthly Payment Plan While a Chapter 7 bankruptcy is simplified and often a flat fee that is paid up front, Chapter 13 is a little bit different with there being hourly and itemized costs.…

Can That Bankruptcy Debt Be Discharged? How To Know

The goal of chapter 7 bankruptcy is to rid yourself of as much debt as possible and make a new start. To that end, knowing what can be discharged might be helpful for those still undecided about declaring bankruptcy. When a debt is discharged, it simply goes away never to be seen again. If that interests you, read below and learn about some common consumer debts that can be discharged.…

3 Advantages Of Chapter 13 Vs. Chapter 7 Bankruptcy

When you compare Chapter 7 bankruptcy and Chapter 13, you might feel that Chapter 7 is more advantageous. The truth is that Chapter 7 is more beneficial in certain situations, but Chapter 13 is better for others. As you compare these options, you will find that Chapter 13 offers three huge advantages over Chapter 7. Here are the three. 1. It Stops You from Losing Your Home Each branch of bankruptcy helps in specific ways and for certain situations.…