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Key Events In A Chapter 7 Bankruptcy
What happens when you file for bankruptcy under Chapter 7? At Seattle’s Resolve Legal, a Seattle Law Bankruptcy firm handling only consumer bankruptcies, we’ve found that when clients understand the key events in a Chapter 7 bankruptcy, the process is less stressful. nnHere are the events: nnYou meet with an attorney at our Seattle law bankruptcy firm. nThe attorney at our Seattle law bankruptcy firm will collect information about your financial situation. This in
February 5, 2008
Article
Filing Under Chapter 7: More Difficult To Qualify?
Contemplating bankruptcy? But worried about qualifying under Chapter 7, because you’ve heard the new bankruptcy law, passed in October 2005, severely restricted Chapter 7 filings? Don’t worry. Chapter 7 does have new requirements. But, as every experienced Washington Bankruptcy Attorney will confirm, it’s still available for the vast majority of filers. nnChapter 7 versus Chapter 13 nAs every Washington bankruptcy attorney knows, Chapter 7 is better for many
February 4, 2008
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When Do I Need A Washington Bankruptcy Law Firm?
The short answer: Anytime you’re in financial trouble and bankruptcy is a possibility. nnIt’s possible to do your own Chapter 7 bankruptcy, also known as a liquidation bankruptcy. But you need a Washington bankruptcy attorney from a Washington bankrupcy law firm for a Chapter 13 bankruptcy because of its complexity. What’s more, the new bankruptcy law introduced so many technicalities into Chapter 7 that today it’s nearly impossible for anyone without
January 29, 2008
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Using Chapter 13 To Prevent Seattle Bank Foreclosures
Worried about the bank foreclosing on your home? nnYou’re not alone, especially if you have an adjustable rate mortgage. According to a study by research firm First American CoreLogic, 1.1 million additional home foreclosures are expected between 2007 and 2013. Many Seattle Bank Foreclosures will involve adjustable-rate mortgages that reset to higher payments. In the Seattle area, many homeowners have equity in their homes, so Seattle bank foreclosures that destroy this
December 12, 2007