Do I Qualify for Bankruptcy Chapter 7?

Do I qualify for Chapter 7 bankruptcy is one of the most common search terms by those investigating the possibility of filing for bankruptcy, as determined by the Google search engine.  In determining whether one is eligible to file a Chapter 7 bankruptcy, there are a number of criteria to consider. First, what is the income of the debtor?  If a debtor or debtors have median household income that significantly exceeds the amounts determined by the Department of Justice, as determined by the debtor or Read More +

Cosigner Liability on Student Loans, Chapter 13 Bankruptcy, and Negative Credit Remarks – Part Ii

When the cosigner of a student loan files Chapter 13 bankruptcy such debtor will often offer to pay a portion of the student loan through the Chapter 13 plan.  In the example posed in Part I, the debtor offered to pay 50% of the student loan through the Chapter 13 plan.  Assuming the borrower has made no additional payments on the student loan within the duration of the debtor’s Chapter 13 bankruptcy, the remaining balance on the student loan will be $10,000 together with additional Read More +

Cosigner Liability on Student Loans and Chapter 13 Bankruptcy – Part I

It is increasingly difficult for those who wish to earn a college degree to finance such education without incurring student loans.  The introduction and proliferation of student loans as a mechanism for the funding of students’ secondary education is in fact, the primary mechanism for the rapidly escalating costs of such pursuits.  Government involvement in the funding of student loans is the primary cause of the outrageous costs of secondary education. A circular process occurs.  Student loans create the high price of a secondary education.  Read More +

How Do I File for Bankruptcy?

How do I file for bankruptcy is a common search term on Google and other search engines.  If one files either a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy, one may either represent oneself, pro se or enlist the services of a bankruptcy attorney or bankruptcy lawyer. Chapter 7 and Chapter 13 bankruptcy are the two most commonly filed forms of bankruptcy.  Currently, the filing fee for a Chapter 7 bankruptcy is $335.00 and the filing fee for a Chapter 13 bankruptcy is $310.00.  Read More +

Bankruptcy Lawyers for Low Income

The search term bankruptcy lawyers for low income is one of the main selections one finds when typing in the keyword bankruptcy attorney or bankruptcy lawyer.  This suggests that a significant portion of those seeking a bankruptcy attorney or bankruptcy lawyer, either consider themselves of low income or are seeking representation in bankruptcy, but have constrained income. There are legal services that are specifically designed to assist those with low or no income.  Bay Area Legal Services often provides attorney representation to persons who are Read More +

Bankruptcy Chapter 11

From Clearwater, Florida comes a question from John J.  What is Chapter 11 Bankruptcy?  I have a small business, wish to retain my business, and either discharge or reorganize my personal and business debts.  Should I file a Chapter 11 Bankruptcy in order to accomplish these goals? There are numerous Chapters available under the Bankruptcy Code.  Chapter 7 Bankruptcy is a form of Bankruptcy wherein the Debtor usually seeks to Discharge unsecured debts, such as credit cards, medical bills, signature loans, and various other forms Read More +

Chapter 7 Bankruptcy

John F from Port Richey, Florida, asks Chapter 7 Bankruptcy, please explain.  Chapter 7 Bankruptcy is a type of Bankruptcy that is organized under Chapter 7 of the Bankruptcy Code.  Chapter 7 Bankruptcy is sometimes called a Straight Bankruptcy or Straight Liquidation.  However, the majority of our clients who file Chapter 7 Bankruptcy do not suffer the liquidation of any of their assets. When one files Bankruptcy, whether it is a Chapter 7 Bankruptcy, or a Chapter 13 Bankruptcy, the filer or debtor, is permitted Read More +

Bankruptcy Attorney Fees

Bill Putnee from Lakeland, Florida asks, what are the attorney fees or costs of hiring a bankruptcy attorney.  This is a common question asked by the persons contacting our office. Generally, most honest bankruptcy attorneys do not prefer to quote a definite attorney fee for bankruptcy representation without first meeting the prospective client.  The amount of work and effort that each bankruptcy filing requires can vary depending upon the particular facts or circumstances of each case. Numerous factors determine whether an individual qualifies for either Read More +

Bankruptcy Lawyers Near Me

Bankruptcy lawyers near me is one of the more commonly used search terms for those seeking a bankruptcy attorney.  Our offices are generally located conveniently to those seeking a bankruptcy attorney or lawyer.  Weller Legal Group has offices in Clearwater, Port Richey, Brandon and Lakeland, Florida.  Each of the offices are located in areas that are not only easily accessible to those living within those communities, but also convenient to those approaching our offices from neighboring locales. Our office in Clearwater is located on US Read More +

Bankruptcy Information

For those seeking bankruptcy information, the website of Weller Legal Group is arguably the largest source of bankruptcy information in these United States.  This website, spanning well over one thousand pages, addresses every conceivable issue relating to bankruptcy and bankruptcy law. The main portion of the website contains information relating to Chapter 7, Chapter 13, Chapter 12, and Chapter 11 bankruptcy.  Some of our clients tell us that they have read every page of the website, which seems to be an almost impossible task.  This Read More +