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The 341 Meeting: A key milestone in your bankruptcy journey

When you decide to seek bankruptcy protection, there are certain responsibilities for you to fulfill.  Whether you file Chapter 7 or Chapter 13, one of those responsibilities is to attend the 341 Meeting.  What this is  The 341 Meeting derives its name from Section 341 of the United States Bankruptcy Code, a section that sets… Continue reading The 341 Meeting: A key milestone in your bankruptcy journey

Will I lose my house if I file Chapter 7?

Making the decision to file bankruptcy is a big first step in regaining control of your financial outlook. However, there are several myths that surround the bankruptcy process and it is important to differentiate fact from fiction.  Chapter 7 bankruptcy is commonly known as a liquidation bankruptcy. This means that the courts will liquidate your property… Continue reading Will I lose my house if I file Chapter 7?

What is the most common cause of debt that leads to bankruptcy

As Americans and Alabama residents navigate a complicated economy with concerns of student loans, medical bills and health insurance, bankruptcy is always a hot topic. The truth is that bankruptcy is not always about being irresponsible with your money. There are circumstances outside your control that can often cause debt to snowball to a point… Continue reading What is the most common cause of debt that leads to bankruptcy

What is the difference between robbery and burglary?

When you hear about theft crimes, burglary and robbery may sound similar. Both involve theft but the distinction may be lost on those who do not know the legal jargon. After all, criminal law can be complex, particularly when it comes to theft crimes. Fortunately, Rasmussen College, has made some distinctions to better understand what… Continue reading What is the difference between robbery and burglary?

Am I eligible for chapter 7?

The decision for fil for bankruptcy is often a complex one. Along with deciding whether it is the right option for you, you will also need to determine whether you are considered eligible for a chapter 7 filing. The following are a few eligibility factors to keep in mind if you are mulling over your debt… Continue reading Am I eligible for chapter 7?

Accidental theft does not have to be a shoplifting charge

When under investigation for shoplifting or other theft charges, you may feel overwhelmed. The truth about any crime, even shoplifting, is that it can carry long-term consequences. You do have rights to defend yourself, particularly when you believe you did nothing wrong. What happens if you face shoplifting charges when you never planned to steal?… Continue reading Accidental theft does not have to be a shoplifting charge

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