Here is a question asked on AVVO.com: Is it better to file a bankruptcy than to have a foreclosure? We bought two houses, one a residential and one was made commercial (for rental purposes) but the second one needed a total renovation and since finances
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I’m Expecting a Tax Refund—When Should I File Bankruptcy?
I’m Expecting a Tax Refund—When Should I File Bankruptcy? This is the time of year when people are preparing to file their income tax returns. Most of the clients I see are expecting, and hoping for, a large tax refund. Ideally, you should not have
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Should You Go to Your Foreclosure Court Hearings?
Here is a question posted on AVVO.com: My 1st court date for foreclos(ure) proceeding (fifth third bank) is March 28, I can not file for a chapter 13 until April 11 do I go? I can’t file for a ch13 until April because I had
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How long does bankruptcy take?
This was a question asked on AVVO, and here is my answer: A bankruptcy case, generally, takes about 5-6 months from the date it is filed to the “discharge” or end of the case, if it is a Chapter 7 Bankruptcy. Other cases, like Chapter
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We filed for Ch 13 bankruptcy, but I’m thinking about divorcing. Should I file for ch 7 before divorce or whats best option?
Question: We filed for Ch 13 bankruptcy, but I’m thinking about divorcing. , Should I file for ch 7 before divorce or whats best option? We are one year into our Ch 13 plan with 100% repayment. We have stopped making payments on house and
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Update — Mortgage Forgiveness Debt Relief Act Extended 1 More Year
Under the “Fiscal Cliff” deal, the IRS provisions which eliminated taxes on forgiven debt for short sales on houses was extended. It was set to expire at the end of 2012. Now it will be extended until the end of 2013. I previously posted that
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Bankruptcy and Divorce: Getting through the Maze
width=”300″ height=”189″> Dealing with financial problems is not easy. When clients are also dealing with divorce issues, it makes their situation much more difficult. Most of the time, when clients call me, the bankruptcy lawyer, they are already separated and trying to sort out their
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Video – Frequently Asked Bankruptcy Questions
Check out our video – Clients’ Questions: Frequently Asked Bankruptcy Questions Daniel J Winter BankruptcyLawChicago.com Djw@DWinterLaw.com
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As a corporation, do I need a lawyer to file a ” Challenge dischargeability of certain debts” in a chapter 7 bankruptcy case?
A person on Avvo.com asked a question of whether a corporation needs a lawyer to file a “challenge” to the dischargeability of certain debts: Here is my answer: A corporation is required to have an attorney represent it in court generally. You should contact a
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How to Fill out Schedules in Bankruptcy Case- Consult an Experienced Bankruptcy Attorney
Question on Avvo.com: I am in the process of filing chapter 13 to stop a home foreclosure. A few days ago, I received a letter from my mortgage company (who holds the note) stating my loan servicing would be sold to another company. Do I
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