• Abandoned Property And Your Chapter 7 Bankruptcy

    Most people have heard of abandoned property regarding goods left at storage facilities. However, this term may also apply to those filing chapter 7. Read on to find out what is meant by abandoned bankruptcy property. Chapter 7 Liquidation Most chapter 7 filers are protected against property seizures with exemptions. However, some filers could end up with non-exempt property. The trustee may seize property with the intention of selling it and then using the proceeds to pay certain expenses. [Read More]

  • Common Things to Know Before Filing Chapter 7 Bankruptcy

    Before filing for Chapter 7 bankruptcy, it's vital to research to get things right. This will equip you with the basic information you need to navigate your options. Hiring a chapter 7 bankruptcy lawyer also comes in handy because they'll answer all your questions and develop the best strategy to help you get a favorable outcome.  These professionals understand the ins and outs of chapter 7 bankruptcy law and will help make the experience less stressful. [Read More]