If you are experiencing high debt, and creditors are threatening to garnish your wages, bankruptcy might be a viable option for you. However, it is important to determine which Chapter of the Bankruptcy code provides the best solution to your particular situation. Chapter 7: You must qualify to file a chapter 7 bankruptcy by meeting […]
Read more "Chapter 7 v. Chapter 13"Section 341 of the Bankruptcy Code requires a creditors meeting. This meeting gives the creditors a chance to ascertain the debtor’s financial situation, and get a feel for whether a reorganization plan will pass muster. The required meeting typically takes place three to five weeks after the debtor files a voluntary petition under Chapter 11 […]
Read more "Chapter 11 341 Creditor Meetings"Since many homeowners fell victim to predatory loans, more people are turning to Bankruptcy for answers. An individual has four options when filing under the bankruptcy code: Chapter 7 (straight bankruptcy), Chapter 11 (business re-organization), Chapter 12 (farmer), and Chapter 13 (individual re-orgoanization). Since Chapter 13 is typically the most utilized way to avoid foreclosure, […]
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Visit our new website! We are committed to helping homeowners and businesses resolve disputes with their lenders. You can learn more about our services at our website. Check back soon for updates on foreclosure and bankruptcy law. We may be able to help save your home!
Read more "Foreclosure Defense and Bankruptcy"If you are reading this blog you are probably one of the many people in California facing foreclosure. While the amount of foreclosures have slowed down over the last year, they are still rampant. There are ways to stay in your home fore extended periods of time, but unfortunately, California law is extremely favorable […]
Read more "California Foreclosure"Blake Wilson Law Group would like to welcome you to our blog. We are a real estate law firm focusing on Foreclosure Defense, Bankruptcy, Estate Planning, and corporate formation and litigation. Please visit our website for more information on our services. Check back every week for new posts about the specific legal topics we practice, […]
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