Wednesday, 20 August 2008 10:11

Bankruptcy Law

A wide variety of circumstances can place virtually anyone in a precarious enough financial situation that may merit filing bankruptcy. Understandably, this can be a very scary thought for most individuals; however, there are a number of resources available to help you.

A good start to understanding what your financial options are, including bankruptcy claims, can begin with a cursory understanding of bankruptcy in general. Essentially, bankruptcy allows debtors to reorganize themselves financially or discharge debts under the Bankruptcy Code.

Types of Bankruptcy

There are numerous types of bankruptcy; however, for most individuals, bankruptcy claims will either be filed as Chapter 7 or Chapter 13 bankruptcy. Under Chapter 7 bankruptcy, individuals will attempt to discharge certain non-secured debts, as well as rectify outstanding secured debts through the sale of assets. In most cases, there are some debts that cannot be discharged and must be rectified, including tax obligations, criminal fines, or other secured debts.Specific assets like automobiles, retirement funds, and homes may also be exempt from the sale of assets portion of Chapter 7 as well.Consulting with a bankruptcy attorney can relay all of the specific actions possible regarding your unique assets and debt obligations.

Chapter 13 bankruptcy, which is entirely different from Chapter 7, does not involve the sale of any assets or the discharge of any debts initially. Rather, Chapter 13 bankruptcy allows for the restructuring of an individual’s finances in order to meet creditors’ demands, as well as generally reduce the amount of harassment and threats from creditors. In Chapter 13 cases, an attorney will work with a court-appointed Trustee in ensuring all of your debt obligations can be repaid over the given period of the restructuring plan.

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Published in Bankruptcy Law
Thursday, 18 January 2007 09:58

Why Should Lawyers Blog?

Over a period of time, blogs have picked up real pace in the online community. Statistics indicate that information is far likely easier to be found on blogs than any on any organizational or private website. That is the prime reason why a number of search results being returned by major search engines have proportionately a high number of blogs included in them.

The legal community is no different. As a matter of fact the number of blogs in the professional domains has seen a rise much greater than any other field. Posting to blogs allows you to establish repo online. It introduces you to your potential clients and provides the first impression.

Published in General

Law DirectoryLaw directory dedicated to find lawyers, search attorneys, find law firms and legal resources to gain help and support for your legal matters.

Our website contains over 1500 lawyer listings categorized in professional legal categories. Additionally it contains sections for legal articles, lawyer blogs, forums and legal forms.You may search attorney profiles and other legal resources related to business law, criminal law, divorce law, employment law, family law, international law, personal injury, and other legal categories.

Use our legal forums to find about legal issues for generalized legal self help and gain initial legal consultation about your case. Find information about different types of law, current lawsuits and general legal resources. If you would like to post a more specific question or comment please feel free to contact a lawyer from the directory.

The site also offers Lawyer Blogs, where lawyers may post their blog entries in specific legal categories.

Published in Other Legal Areas
Tuesday, 06 April 2010 06:04

Defending Your Relationship

Published in Other Legal Areas