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Chapter 13 bankruptcy, also called a reorganization, is a legal process that allows you to restructure your debt to be more manageable based on your finances. With the help of an attorney, you ...
However, a standard guideline is that $10,000 or more in debt is enough to consider filing. This is because filing for bankruptcy costs money, and if you have a smaller debt, it may not be worth ...
If your attorney failed to file or completed less work than you paid for, you may be entitled to back fees. If you paid an upfront fee to a lawyer to file Chapter 13 bankruptcy on your behalf and ...
The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...
Alito, joined by unanimous. Laws applied. Bankruptcy Code. Travelers Casualty & Surety Co. of America v. Pacific Gas & Elec. Co., 549 U.S. 443 (2007), was a United States Supreme Court case about attorney's fees in bankruptcy cases. Justice Samuel Alito wrote the opinion for a unanimous court.
Florida bankruptcy law. Bankruptcy in Florida is made under title 11 of the United States Code, which is referred to as the Bankruptcy Code. Although bankruptcy is a federal procedure, in certain regards, it looks to state law, such as to exemptions and to define property rights. The Bankruptcy Code provides that each state has the choice ...
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