Does Bankruptcy Stop Repossession?
Yes — filing for bankruptcy can stop repossession of your car, at least temporarily. Once you file, the bankruptcy court issues an automatic stay. This order immediately blocks your lender from taking further action, including repossessing your car or continuing collection attempts. If you’re facing repossession or falling behind on car payments, bankruptcy may offer
Read MoreAfter a Bankruptcy Petition Is Filed, What Happens?
Once a bankruptcy petition is filed, the legal process begins, and the court immediately puts protections in place to ensure the debtor's rights are protected. The most important one is called the automatic stay. This order stops creditors from collecting against you while your bankruptcy case moves forward. At Fleysher Law, our bankruptcy lawyers help
Read MoreChapter 7 Bankruptcy Forms: What You Need
At Fleysher Law Bankruptcy and Debt Attorneys, our Florida bankruptcy lawyers understand that the Chapter 7 bankruptcy forms you need might seem complex at first. Bankruptcy under Chapter 7 offers a fresh start for individuals burdened by debt and seeking relief through bankruptcy. You may eliminate many unsecured debts while keeping essential property through exemptions.
Read MoreWhat Happens When You File for Bankruptcy Chapter 7
Chapter 7 is a fresh start for your financial life. At Fleysher Law Bankruptcy and Debt Attorneys, we help clients throughout Florida get relief from crushing debt. Under Chapter 7, the majority of unsecured debts can be discharged. The bankruptcy court may sell some nonexempt property to pay creditors, but most people keep their essential
Read MoreShould I File for Chapter 7 Bankruptcy?
Filing for bankruptcy is a big step, but for many people, it may be the only real way to break free from overwhelming debt. If you’re buried in unpaid bills, facing constant calls from debt collectors, or worried about losing your home or car, it’s time to look at your legal options. Chapter 7 bankruptcy
Read MoreCan SBA Loans Be Discharged in Bankruptcy?
Building a small business comes with huge risks and investments. Often, financial resources are insufficient to support a business. This challenge will prompt you to seek assistance or loans to keep your business running. Unfortunately, it doesn't always end well. You may find yourself asking "can SBA loans be discharged in bankruptcy?" Understanding the specific
Read MoreBankruptcy Chapters: What Are The Most Common Types?
Debt and bankruptcy are terms that often bring up negative feelings. However, the main goal of filing for bankruptcy is to give people in debt a fresh financial slate. You may find yourself in a place where your debts have become too much for you and you can no longer afford to pay. This happens
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