Bankruptcy For Many Is A Real Possibility
Herman Thordsen is a prolific writer and a work-aholic. I am posting this as it is useful information and if yo wish to get a free consultaion, his contact information will be at the bottom of this post.
TOO MANY CREDITORS BOTHERING YOU?
REMEMBER IF YOU ARE SUED BANKRUPTCY CAN BE AN OPTION and IS A LOT LESS EXPENSIVE THAN DEFENDING A LAWSUIT:
1. Lenders can sue on the junior mortgages as unsecured notes and they are doing just that. The bankruptcy can remove this lawsuit.
2. Bankruptcy is a form of asset protection believe it or not. It can in certain circumstances protect up to $175,000 in California and more.
4. A Chapter 13 bankruptcy may be able to remove that second mortgage and even third mortgage by making it unsecured.
5. Income taxes under certain circumstances are dischargeable in bankruptcy.
6. Under certain circumstances you can even keep credit cards.
IN DOING THE ABOVE
The services or benefits are with respect to bankruptcy relief under Title 11 of the United States Code; and In doing this: “We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code” Within the meaning of Title 11 United States Code Section 528.
CALL US IF YOU HAVE QUESTIONS. THE TELEPHONE CONSULTATION IS FREE
http://www.lendinglaw.com/
