There are many types of bankruptcy, all known by the chapter they occupy in the bankruptcy code. Most consumers end up filing either chapter 7 or 13. These two forms of bankruptcy both allow consumers to get some financial relief but in different ways. Read on for a comparison of the two. Chapter 7 Liquidation This type of bankruptcy is relatively quick. It may only take a few months to be complete depending on the case backlog in your federal district.
If you're in the market to buy a piece of property, whether it's a home or just some land, you're likely to need the assistance and expertise of a real estate lawyer. Lawyers can offer a variety of services that are important for buyers, from reviewing contracts to helping with the closing process. Here are three things that a real estate lawyer benefits you as a property buyer. Review The Purchase Contract And Point Out Any Potential Red Flags
The high demand for real estate properties has created stiff competition among buyers in recent years. Therefore, if you want to purchase such a property, you need to act quickly to get the best deals. However, the hurry to secure your dream home could mean poor decision-making. For example, you can easily overlook the importance of hiring a real estate lawyer and opt to conduct the transaction alone. Unfortunately, doing this could lead to the following mistakes.
Divorce has a reputation in popular culture for being an awful process. However, you might wonder if it really has to be awful, or whether that's just the truth of divorce. Divorce lawyers will tell you the process rarely has to be more painful than the two parties make it. Let's look at what might make the process easier and what to do if things don't turn out so simple.
You may be stressed when experiencing financial problems as debt collectors may not understand your current financial situation. Sometimes, you may not have an immediate solution for settling your debt. In such cases, consider filing for bankruptcy. While you may handle the process individually, consider involving a bankruptcy attorney. Here are the pros of hiring a bankruptcy lawyer. Legal understanding of different bankruptcy Options Having an understanding of bankruptcy law is essential when filing for the process.
Hello, I'm Christina Miller. Have you ever been fascinated with why the law works the way it does? Ever since I was in junior high, I had an intense interest in anything related to our legal system, whether it be a crime drama on television, a judge show or a legal case covered on the news. I followed it all. As time progressed, I began learning about how the actual legal system worked and not just the fictionalized version of our legal system. This has lead me to start writing my own blog posts about law that I hope will help others.