We proudly service the Pittsburgh community with all its bankruptcy legal service needs. Contact us for a case review today at 412-367-9005. https://bit.ly/2ErI5QK https://bit.ly/3lcEFCg
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Bankruptcy Attorney l Pittsburg, PA l M. Eisen & Associates PC
Electronic filing has made it much easier to file for bankruptcy. In fact, technology has simplified the process because most of the work can be done electronically.
By law, all actions against you must stop once bankruptcy has been filed. Creditors cannot start or continue lawsuits, wage garnishments, or even telephone calls demanding payments. Our bankruptcy attorneys will act quickly to file the petition and act in your best interests.
If you file for bankruptcy under Chapter 7, you are required to list all of your property and debts. There are limits on the number of assets you can keep while still eliminating debts.
It’s important to remember that not all types of debt can be wiped away by bankruptcy filings. For instance, any student loan debts you may have will remain intact even though you won’t always be allowed to make payments on them during the term of your bankruptcy.
Alabama is currently the state with the highest number of bankruptcy filings in the country. It is closely followed by Tennessee and a few other southern states.
As of January 2015, up to one out of every 1100 homes was subject to foreclosure. Roughly 26% were in pre-foreclosure proceedings, 43% were scheduled for foreclosure auctions, and 31% had been vacated and were now bank-owned.
Personal bankruptcy can sometimes be granted according to the Chapter 13 of the Bankruptcy Code, which means that the individual gets to reorganize his or her assets rather than forfeiting all non-exempt assets.
We proudly service and support the Pittsburgh community with all it's bankruptcy litigation needs. Contact our team for assistance today at (412) 367-9005! https://bit.ly/3626wzS
For starters, married couples and individuals looking to file bankruptcy need to make a list that includes all creditors and amounts owed, their income, living expenses, utilities, transportation, taxes, medical expenses and other financial information.
It’s important to remember that each type of bankruptcy has a different effect on your credit rating. Let’s discuss your overall goals now and for the future to determine which type of filing is right for you.
“It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” Robert Kiyosaki, an American Businessman
A bankruptcy can stay on your credit report for up to 10 years, but that doesn’t mean you’ll never get credit again. You can begin rebuilding your credit the moment you’ve closed your bankruptcy.
Chapter 7 is the simplest, quickest way to discharge debt. It is available to individuals, married couples, corporations, and partnerships, but it is best for individuals who have limited income and wages and do not have many assets to protect from liquidation.
The rules regarding filing for bankruptcy are quite specific, and failing to adhere to them, not meeting deadlines, or overlooking documents can have a severe impact. A bankruptcy service makes sure all the "i's" are dotted and "t's" crossed.
Our friendly staff is always here to provide the best legal support for those dealing with financial struggles. Learn more about the legal services we have to offer by visiting our website or call us directly at (412) 367-9005
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If you think you won’t be able to keep your home if you file from bankruptcy, you have been misinformed. In addition, you may have other assets that are protected by bankruptcy laws.
When going through bankruptcy, it’s important to know that public utilities (like the electric or water company) cannot legally refuse or cut service. Speak to your bankruptcy attorney so you know your rights.
Being involved in a bankruptcy matter can have consequences related to employment. That’s why it is so important to hire an attorney with experience to assist through the process.
We understand that filing for bankruptcy isn’t a decision people come to lightly. If you aren’t sure whether filing is right for you, let’s discuss how the different types of bankruptcy could work for you.
What is a bankruptcy petition? A bankruptcy petition is an official court document initiating bankruptcy proceedings. An individual with professional certification and experienced in bankruptcy is the best source for information on this process.
For personalized and professional debt relief assistance, Pittsburgh calls M. Eisen & Associates PC! Schedule a free consultation with us today - (412) 367-9005.
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It's not true that you'll end up losing everything when you file for bankruptcy. As a matter of fact, it’s very rare when when one of my client loses ANYTHING. If you're considering filing, it's important that you work together with a personal bankruptcy expert to safeguard your rights.
Bankruptcy can be a complicated process, with laws that vary from state to state. If you're considering filing for bankruptcy, a qualified attorney can walk you through your choices and help you negotiate with your creditors.
Is it time to consult a bankruptcy attorney? The answer is yes if you’re three months behind on your mortgage payments. After three months of non-payment, most lenders deem mortgages in default and initiate foreclosure proceedings.
You may still be able to apply for a new credit card after you have filed for personal bankruptcy. However, you may see higher fees and interest rates than before. You may also have more limited lines of credit.
There are some obligations that cannot be discharged in a bankruptcy. These include federal student loans, tax liens, and taxes like FICA and Medicare. The best thing to do is talk with a professional for a full explanation.
In ancient times, many cultures practiced bonded labor to pay back money owed. Bonded labor, where a man and his family worked to pay off a debt owed (until it was entirely paid off), was a way a man could pay off his debts through work, usually physical labor.
There’s a notion that a person can no longer get credit after filing for personal bankruptcy. That’s not true. With the help of professional services, a person can rebuild his credit as soon as the bankruptcy is discharged or closed.
Under Chapter 13 bankruptcy, basically the trustee designs a repayment plan for the debtor, with the goal being that within 2 to 3 years they’re able to repay their debts. This repayment plan is made affordable so that you are able to pay off the owed amount.