Judgment Creditor Having a credit card company file legal action against you is nerve-wracking. It only gets worse if they win that judgment. When a creditor is given the power by the court to take further action against you, it can lead to a lot of trouble and make your financial situation a lot worse […]
Rule 2004 Exam Bankruptcy cases are handled in a bankruptcy court, but rarely do people who file need to make a traditional court appearance. There is no jury or witness stand and the closest you’ll come to testifying is at your 341 Meeting of Creditors. However, there are cases in which the bankruptcy trustee calls […]
When someone learns it’s possible to file for bankruptcy without hiring a bankruptcy attorney, they often assume this is a good way to save money. After all, filing for bankruptcy isn’t going to require more than filling out a few forms, right? Unfortunately, filing for bankruptcy is about more than just completing and submitting forms […]
For most people, bankruptcy is a necessary evil. It’s a tool used to help them get back on their feet financially, but if given a choice they would change the events that led to their bankruptcy. As helpful as bankruptcy can be, the average person views it as a negative event. The good news is […]
Release of Judgement If a judgment was filed against you in relation to a debt you owed and you have worked hard to pay that debt, you will need to make sure you get a Satisfaction of Judgment or Release and Satisfaction documentation. This is the official legal document proving you paid off what you […]
It might seem as if once a debt is paid, you can walk away without any problems and begin to rebuild your financial life, but it might take a bit of work. In order to “undo” a debt problem, you might need to secure a Satisfaction of Judgement or Release and Satisfaction, which is a […]
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