Filing for bankruptcy can be a scary experience. It involves a lot of paperwork, meetings, and legal proceedings that can leave you feeling overwhelmed and stressed. However, if it's the only option you have, then it's important to have someone with you who can help you through the process. If you're thinking about filing for bankruptcy, hiring a bankruptcy lawyer can help make the process easier and less stressful. Keep reading to learn how a bankruptcy lawyer can aid you if you're seeking to file for bankruptcy.
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Tax refunds provide much-needed cash when you're struggling to pay bills. If you're planning to file Chapter 7 bankruptcy, though, your check could be confiscated by the trustee depending on when you are eligible to receive the money. Here's what you need to know to ensure your refund goes into your bank account instead of your creditors'.
Refunds Prior to Filing Bankruptcy
Any refund you're entitled to after you've submitted your bankruptcy petition is yours to keep because income generated after the filing date is protected from seizure.
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The sad reality of life is that death is inevitable. And with that in mind, you'll have to draft a will sooner or later. It's always good to have a probate lawyer to avoid family disputes caused by inheritance issues. The lawyer should assist with administering the estate once you pass on. Here are ways a probate lawyer can help.
Limit Family Fighting
Material possessions can create rifts in families. Unsurprisingly, many families fall apart due to inheritance disputes.
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If you are considering filing for bankruptcy, you're likely wondering what type of court proceedings or meetings you'll need to attend and what to expect when you do. An important meeting that you'll be required to attend is called a 341 meeting. This is a required meeting the bankruptcy trustee will schedule with you, your bankruptcy attorney, and your creditors. If your bankruptcy is granted, your debt will be discharged after the conclusion of the 341 meeting.
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When you have more bills each month than money coming in, where can you turn? You can turn to various types of debt problems, including bankruptcy. Bankruptcy is one of the best choices if you have a lot of debt you cannot pay, but it might not eliminate every debt you owe. Before you file, you might want to learn more about the ways that bankruptcy can help you. Here are some of the top ways.
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