experienced bankruptcy lawyer

What Happens to Reaffirmed Debts in Case of Bankruptcy?

Call: 888-297-6203 When you have accumulated huge amounts of debts, bankruptcy is a preferred option. Apart from bankruptcy, other options according to Los Angeles based bankruptcy law firm Recovery Law Group, include debt settlement, debt reaffirmation, etc. When any individual files for bankruptcy, it becomes a public record and appears on their credit report. All accounts mentioned in bankruptcy papers are updated with the status “included in bankruptcy.” However, if you have reaffirmed any debt, and paid it fully, it should not appear on your credit report. Reaffirmation of debt takes place when an agreement is drawn between [...]

2019-09-04T10:41:18+00:00

Bankruptcy does not need to be Intimidating!

Financial troubles can hit anyone, anytime. The primary step is to acknowledge financial problems and take adequate steps necessary to protect yourself and your family from adverse effects. Bankruptcy, though often detested, is an essential way to find financial stability. However, many people find bankruptcy intimidating. According to Dallas based bankruptcy law firm Recovery Law Group, this is primarily because of the lack of information about its advantages. You can easily overcome financial difficulties by opting for a consult with expert bankruptcy lawyers at 888-297-6023. the basic steps of facing bankruptcy include: Hiring experienced bankruptcy attorney Bankruptcy can [...]

2019-08-28T09:59:47+00:00

How to Stop Wage Garnishment And Collection Actions of Creditors in California

Time and again, bankruptcy lawyers such as those of Los Angeles based law firm Recovery Law Group reiterate that with a few exceptions (taxes, alimony, child support, student loan etc.) garnishment does not take place in states of California, Nevada and Texas unless a creditor has filed a case against you in a law of court and obtained judgment against you. In case they get a judgment against you, they need to file a request for garnishment which is issued to your employer. With this notice, your employer will need to provide your wages to the creditors at [...]

2019-05-06T10:18:26+00:00