Category: Chapter 7 Bankruptcy
Is Chapter 7 bankruptcy an option for you?
Millions of Americans face the prospect of looming debt in their day-to-day lives. Not only does this cast a cloud over the family financial situation, but it can also affect a person’s mood and activities – overwhelming debt can leave a person feeling hopeless. But, for many, there is hope. They need to ask themselves:
Can I file for Chapter 7 bankruptcy if I’m not a U.S. citizen?
Hard financial times can fall upon anyone living in the U.S., even if they are not a U.S. citizen. A person living in the U.S. with a Green Card might be interested in filing for Chapter 7 bankruptcy, but can they do so if they are not a U.S. Citizen? Who can file for Chapter
Gaining debt relief through a Chapter 7 bankruptcy filing
Getting calls about the debts you owe makes you appreciate caller ID so much more. However, ignoring these calls does not mean your debt will be ignored. It is a stressful time, especially when you are constantly figuring out ways to pay these debts while also paying living expenses. When debt gets overwhelming, there are
¿Declararse en bancarrota es un privilegio sólo para los ciudadanos?
Uno de los derechos fundamentales que vienen de la Constitución de los Estados Unidos es el derecho de declararse en bancarrota. Esto significa que alguien que se siente endeudado hasta el cuello puede tener la oportunidad de empezar de vuelta y obtener alivio. Pero muchos inmigrantes a los Estados Unidos no saben cómo utilizar esta
How exemptions can give you stability post-bankruptcy
How exemptions can give you stability post-bankruptcy A lot of people are facing financial struggles. Inflation has increased their everyday bills, and unexpected expenses, like those tied to medical care, can quickly eat away at your savings. If you’re in that situation, you might be wondering what you can do to protect your financial interests.
The state of bankruptcy filings
For many, Chapter 7 or Chapter 13 bankruptcy is a last resort after all other options are exhausted. Years of stress over continuing harassment by creditors, threats of lawsuits, and attempt to make ends meet made it the best chance to get out from under. However, recent statistics reveal that the number of those dealing with
As an undocumented immigrant, can Chapter 7 clear medical debt?
As the past several years have shown, illness can strike anyone in Virginia and across the United States without warning and leave them with massive medical expenses they are unable to pay. This can be even more worrisome if the person is an undocumented immigrant. There is a constant fear that they will be found
¿Qué efecto tendrá la bancarrota en mi estatus migratorio?
La gente que está en medio del proceso para solicitar la residencia permanente o la ciudadanía en los Estados Unidos quieren evitar cualquier tipo de problema que les pueda reducir la probabilidad de éxito. El proceso migratorio ya es bastante difícil sin algo que lo complique más. Por eso, muchos quieren saber si declarar la
Regardless of immigration status, anyone can file for bankruptcy
Whether you live in Virginia or anywhere else in another state and no matter what your immigration status, you are allowed to file for Chapter 7 bankruptcy if you qualify. Chapter 7 bankruptcy allows the person who is filing to eliminate their secured debts. However, unsecured debts don’t fall into the same category and they must be
Am I allowed to file for Chapter 7 bankruptcy as a non-citizen?
A Northern Virginia resident should know that they do not have to be American citizens or even permanent residents to file for a Chapter 7 bankruptcy. The law says that anyone who lives in the United States can file for a bankruptcy. Even a person who is not documented can file for bankruptcy. However, the person will