A Chapter 7 Bankruptcy is a liquidation of non-exempt assets. It is also referred to as a “straight bankruptcy” a “total bankruptcy” or a “fresh start bankruptcy”. Chapter 7 Bankruptcy offers individuals and couples a fresh start.
Read MoreGet the Christmas gift you really wanted: Immediate Debt Relief. At The Law Office of Andrew Magdy, we can take away all that stress, decrease your worries with a simple free consultation, and help you get back on track fast with a relatively cheap bankruptcy.
Read MoreFiling for bankruptcy can be a difficult decision. We offer free consultations and guide you through every step of the process! Get in touch today.
Read MoreIf you’re stuck with a sub-prime auto loan and constantly struggling to make your payment Chapter 13 bankruptcy might offer you the relief you’re looking for.
Read MoreIf you are filing a Chapter 7 Bankruptcy and you’ve never had a home foreclosed, you can qualify for an FHA/HUD loan two years after you receive your discharge.
Read MoreIf you fail to take your second credit counseling course, the Bankruptcy Court will dismiss your case and you will not receive a discharge.
Read MoreShould you make that payment? NO!!! These calls are scams. The entire purpose of the call is to scare you into making payments. You’ll lose the money, and you’ll still owe the payday lender. Because these are scams, there is no real protection under the FDCPA. The best thing you can do is hang-up and call the Attorney General.
Read MoreSome firms have opted to guide every debtor into a Chapter 13. The good news is the client receives bankruptcy protection as soon as their case is filed. The bad news? They can end up paying $4,000.00 in attorney fees! The flat fee authorized by the Eastern District of Missouri Bankruptcy Court is $4,000.00 per Chapter 13 case. If you choose one of these bargain-price firms to handle your bankruptcy, you may end up paying four or five times as much as you would have paid for a Chapter 7.
Read MoreIf your case is dismissed, can it be reinstated? Yes, but you must become current with 14 days of the dismissal. Your attorney will also need to file a motion with the Court asking that the case be reinstated. If another payment has become due since dismissal, this payment will also need to be made.
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