Category: Bankruptcy

A pen and a bankruptcy folder

While bankruptcy has a negative connotation associated with it, it actually is a very beneficial and real option for many people or businesses who are struggling financially. To build on this, an immediate benefit is that when you file for bankruptcy it immediately stops creditors from continuing their pursuit of…

Bankruptcy document folder with lawyer at the law firm.

A common legal procedure that helps individuals who have found themselves in a sizeable amount of debt is bankruptcy. While many people may frown when they hear the word “bankruptcy”, it is actually a legal right that all citizens of the U.S. have to gain a fresh start financially. When…

steps in bankruptcy

Struggling with debt is extremely difficult and when you feel that you are in too deep and that you cannot pay it off, you may consider filing for bankruptcy. Although it is a last resort, bankruptcy can bring relief from the financial pressure you are feeling and can stop the…

"wage garnishment" written on a sticky note near credit card bills

Wage garnishment occurs when a collection company or creditor starts legal action to take some of your wages, money held in your bank account, or other assets you own. When creditors are successful with their case, they will contact your employer and ask them to deduct a certain amount of…

bankruptcy petition

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…

gavel

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…

bankruptcy court

Many people considering filing for Chapter 7 bankruptcy when they are drowning in debt. After filing for Chapter 7, a person’s property is sold off to repay their debts. Even if a person doesn’t have property to sell to pay off the debt, their debts may still be discharged or…