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Bankruptcy
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Bankruptcy
The legal provision of bankruptcy, though sometimes misused, is a progressive and often merciful process. By it, a hopelessly indebted individual can make an official declaration of financial inability and be free of obligation. This may be on a temporary or permanent basis, depending on... -
Bankruptcy Attorneys
U.S. bankruptcy attorneys were a pretty rushed lot in the final period before October 17 – that’s when the laws governing bankruptcy ceased being a catchall shelter. There was a quiet stampede of almost 1.25 million applicants who wanted to take advantage of the more... -
Bankruptcy FAQs
As far back as colonial times, every citizen has a constitutional right to file for bankruptcy. By declaring bankruptcy, one is relieved of mandatory collection activities for debts existing at the time of filing by a legal “stay” on these activities. The first version of... -
Bankruptcy Laws
U.S. bankruptcy laws fall under federal statutory law provided by Title 11 of the United States Code. They have been periodically revised and amended to provide full and fair cover for genuine cases and to eliminate the potential for their unlawful abuse. Since this is... -
Filing Bankruptcy in Federal Courts
One cannot file for bankruptcy through US state courts, since exclusive jurisdiction is vested with Federal courts. The court charges a certain fee at the time of filing, depending on which category of bankruptcy is being filed for. Specifically, a court fee for filing for... -
Life After Bankruptcy
Nobody files for bankruptcy with a completely fatalistic outlook on what lies ahead. Since the provisions available under bankruptcy basically afford a fresh start, maintaining a positive attitude will go a long way in “coming out from under and rising above. The idea is to... -
Personal Bankruptcy
As mentioned earlier, personal bankruptcy can be filed for under Chapter 7(for almost complete elimination of debts) and the more conditional and restrictive Chapter 13 of the federal bankruptcy code. Basically, the provisions under personal bankruptcy allow a genuinely insolvent individual to wipe the slate... -
Types of Bankruptcy
In the US, a party can file for either Chapter 7 or Chapter 13 bankruptcy. In Chapter 7 or ‘straight’ bankruptcy, the applicant surrenders all non-exempt property and assets to an appointed bankruptcy official. These are converted into cash and the proceeds are disbursed to... -
Atlanta Accident Lawyers
When choosing a lawyer to fight your accident case, keep in mind that it is absolutely essential for you to choose an extremely competent person for the job. You only get one chance to fight your compensation case. Imagine losing the case, not because you... -
Atlanta Bankruptcy Lawyers
Bankruptcy derives its meaning from the Italian word “banca rotta”, which means broken bench. Broken bench represents the ancient Italian custom of breaking a businessman’s trading bench if he did not pay his debts. Over the centuries, the law has been framed to protect the... -
Atlanta Business Lawyers
Whether you are an employer or employee, you will at some time or the other require the services of a lawyer who specializes in business law. Within business law, you will need to look for specialized expertise. Most business law firms specialize in business agreements,... -
Atlanta Criminal Lawyers
Criminal law deals with cases where local, state or federal government seeks to punish someone for an act considered a crime. A criminal lawyer is required to represent someone who has been charged with a crime. A criminal charge can be levied on a person... -
Atlanta Employment Lawyers
Employees are protected from unfair employment practices by several relevant laws. Employment law, also known as labor law, deals with workplace rights and responsibilities for both employees and employers. The United States Department of Labor administers and enforces nearly 200 federal laws. State laws are... -
Atlanta Family Lawyers
Family law in the United States relates to family issues. It covers a very extensive set of issues ranging from marriage and cohabitation, to divorce and child custody. These days, even a happy occasion like a marriage involves a legal agreement between the parties in... -
Atlanta Lawyers
Whether it is a personal injury case involving an automobile accident, a compensation case against the company or a real estate case entailing property disputes, there is no shortage of lawyers in Atlanta who can fight your case for you. However, zeroing in on the... -
Atlanta Real Estate Lawyers
Search on the Internet and you will come across the names of many lawyers and law firms who can represent you or your company on matters related to real estate, land disputes or property claims. In fact, you will also find that many firms offer... -
Bankruptcy Law Firms
Filing for bankruptcy can be an excruciating moment. Individuals or firms have the option of filing for bankruptcy as a last option when their debts are out of control. Bankruptcy is filed when the debt is extremely high and the creditors are practically camping at... -
Business Bankruptcy Laws
Businesses, companies, and firms can file for bankruptcy if they are on the verge of failing all their creditors and losing their position in the market. The laws that deal with such cases are federal bankruptcy laws or Chapter 11 and Chapter 13 laws. One... -
Chapter 13 Bankruptcy Laws
Chapter 13 is a bankruptcy law under which a petition can be filed by an individual or company. Chapter 13 dictates that the debtors repay the debt amount from their monthly earnings in installments. The court decides the time within which the decided amount has... -
Chapter 7 Bankruptcy Laws
Chapter 7 is one of the bankruptcy laws that can be used to file a petition if the borrower has an excessive amount of debt and has no way to repay it. The law is for individuals wishing to file for bankruptcy. This law allows... -
Federal Bankruptcy Laws
Federal bankruptcy laws are only for companies and firms that wish to file for bankruptcy, individuals cannot go for these options. Chapter 11 and Chapter 7 are the two main categories of federal bankruptcy laws that businesses can choose from. Chapter 11 provides the company... -
New Bankruptcy Laws
The U.S. Government recently approved a bill that brought about some major changes in the bankruptcy laws on April 20, 2005. The bill is called the “The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005”. As per this bill, about 25 changes have been... -
Personal Bankruptcy Laws
Individuals can file for personal bankruptcy as a last ditch effort when their credit reaches the limit. This helps them clear out a few debts by selling their assets and starting a whole new life without creditors beating at their door. The gives them an... -
Understanding Types of Bankruptcy
People who are heavily in debts and are in no position to pay them back opt for filing bankruptcy as the last alternative. This gives them the freedom and opportunity to start afresh. Such cases are dealt with by the bankruptcy lawyers, and it is... -
Bankruptcy Home Equity Loan
Home equity loans are taken out on homes which are already mortgaged, and are calculated according to the current market value of a home minus the amount you owe on the home. This is a very beneficial option, as you can renovate your home or...