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Filing for Chapter 7 bankruptcy offers relief for those overwhelmed by debt. This process can provide a fresh start by discharging most types of unsecured debt, meaning that you would no longer legally required to pay them off if your case was successful. With that...
There are different types of bankruptcy that can help people in a variety of difficult personal situations. Chapter 12 bankruptcy, for example, is useful for those running a farm or ranch operation that has experienced a few bad seasons. Chapter 13 bankruptcy can help...
The ability to file for personal bankruptcy or business bankruptcy protects those who make mistakes about starting a business or how they invest their savings. Bankruptcy is also helpful for those who have just battled cancer or gotten hurt in a car crash. As a family...
Unless you work as a farmer, rancher or professional fisherman, you will probably file for Chapter 7 or Chapter 13 bankruptcy. Many people are only familiar with the basics of a Chapter 7 bankruptcy, even though there are significant restrictions on who qualifies for...
Pittman & Pittman Law Offices 3334924 EBP 01 due 0518.pdf Debt relief comes in many forms: You can get out of debt If you’re dealing with significant debt, it can feel difficult to handle. You may not be sure when you’ll be able to pay it back or how to pay back...
There are several different kinds of bankruptcy. Chapter 12 bankruptcy helps those with agricultural businesses, while Chapter 13 is a good solution for those with a lot of property or higher-than-average income. For those with below-average income and fewer assets,...
Farming can be an unpredictable profession. Even those who have lifelong experience working a particular patch of land or growing a specific crop could experience catastrophic failure due to factors beyond their control. Large-scale infestations of crop-consuming...
When you find yourself struggling to stay afloat financially, constant calls and communications from creditors may be pushing you over the edge. Debt collectors sometimes engage in unethical tactics when trying to get you to pay what you owe, and in some cases, these...
You have spent years on your farm providing food for your neighbors. It has come to the point where you know you cannot keep up with your competitors, and money is getting tight. You want to keep your farm running and hope to...
