How Filing for Bankruptcy Improves One’s Credit Score

Have a bad credit score? Considering filing for bankruptcy? You’re not alone. Thousands of people find themselves in the same situation every year. Often, they fear what filing bankruptcy will do to their credit score. If it’s already bad, will bankruptcy make it worse? Fortunately, t
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Should My Business File for Bankruptcy?

Nobody imagines that they’ll have to file for bankruptcy when they start a new business. If they did, they’d save themselves the heartache of investing their time, money, and energy into it. Unfortunately, however, many businesses do file for bankruptcy every year. Deciding to file is
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Can the Bank Seize My Account Deposit to Pay Overdue Credit Cards?

Bankruptcy lawyers get asked a lot of questions, and this is certainly one of them. When you have a credit card provided by the same bank you use for a checking or savings account, it’s an understandable fear. After all, the bank is an institution with a lot of power over your funds.
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They Can Repossess My Shih Tzu?

In a move that has surprised many, one German debt collector assessed a family’s possessions and seized the most valuable thing they could find: a pet pug. The pooch then sold on eBay for about $850, the New York Times reported. Could It Happen in the US? Think your shih tzu is safe?
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Resolving Taxes and Tax Liens in Bankruptcy Court

Financial struggles have a way of compounding. As a result, many people find themselves struggling to pay their taxes. Fortunately, however, Burton Law Offices regularly focuses on eliminating taxes and liens through bankruptcy in California. In fact, bankruptcy court is one of the be
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Can You Declare Bankruptcy More Than Once?

One question clients ask bankruptcy attorneys is whether someone can file bankruptcy again if they already have done so in the past. The short answer is yes, it is possible to file again. There are, however, some restrictions dictating how long one must wait to file. In 2005, changes
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Faced With the Housing Crash, One Hedge Fund Bet On People – and Made $2.6 Billion

The Wall Street Journal recently reported that hedge-fund firm Fir Tree made $2.6 billion, and counting, in an unexpected bet before the housing bubble burst of 2008: that homeowners would keep paying their mortgages. Putting Faith in Homebuyers Paying Mortgages The details were gaine
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Choosing a Bankruptcy Lawyer

Accepting that you need to file bankruptcy can be a huge challenge, especially when being financially insecure makes hiring a bankruptcy lawyer appear hopeless. While it is possible to file bankruptcy without a lawyer, very few people have the knowledge and simple finances required to
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Bankruptcy Discharge: Chapter 7 vs. Chapter 13

If you are a consumer in need of debt relief, there are two bankruptcy filing options available to you: Chapter 7, and Chapter 13. Both types of bankruptcy can result in debt discharge, but there are some very important differences in how that is achieved. Read on
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Why Bankruptcy Attorneys Cannot Accept Monthly Payments for Their Fees

After your Chapter 7 bankruptcy petition has been filed, your attorney may not accept any further payments from you for your legal fees.
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