Responsibilities of a Chapter 13 Trustee

Also known as a “wage earner’s plan,” Chapter 13 bankruptcy is beneficial in some situations. For this bankruptcy filing, you are required to have regular income. In addition, you must come up with a plan for repaying your creditors. If the financial plan is approved, you are given between three and five years to pay back a portion or all of the debt. Although the court-appointed trustee is there to help you through the process, you may first want to contact a reputable Herkimer bankruptcy lawyer to determine if debt consolidation, credit counseling, or even a Chapter 7 bankruptcy is an...

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Herkimer Bankruptcy Lawyer Shares her Top Tips to Save Money

Are you tired of being in debt or looking for viable options for spending less? If so, the seven money saving tips provided below will make a huge difference in your life. In fact, by adopting several of these recommendations, you can save literally thousands of dollars every year. Keep in mind that if you are currently dealing with a serious financial problem, you can speak with a qualified Herkimer bankruptcy lawyer and turn around your life today. 7 Proven Ways to Save Money Used versus New — Sure, everyone loves buying new, but if your goal is to spend less, now is the time to start...

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What Documents Does Your Herkimer Bankruptcy Attorney Need?

Bankruptcy laws are much different today than years ago. The process of filing for bankruptcy is more complex, and to be successful, you must provide a great deal of documentation. Because the trustee scrutinizes everything, you need to hire the best Herkimer bankruptcy attorney possible. To avoid any problems, this attorney reviews documentation prior to filing. At first, you need to provide your bankruptcy lawyer in Herkimer with a copy of your: driver’s license social security card W2 tax form. Once the attorney files the bankruptcy petition, you must provide more documentation, including...

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Will I Lose My Car if I File for Bankruptcy?

Will I Lose My Car if I File for Bankruptcy? For many people, a vehicle is one of the few possessions that offers independence and value, so losing it in bankruptcy is devastating. If you are facing major financial problems and have concerns about losing your car in a bankruptcy, the first and most important step is to hire a reputable Herkimer bankruptcy attorney. Seeking Protection Because there are numerous facets of bankruptcy, you need a top-quality Herkimer bankruptcy lawyer on your side. The amount of money owed on the vehicle, if any; the current balance; and whether you are...

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Can you answer YES to any of these questions?

Are you being burdened with any of these scenarios? Can you answer YES to any of these questions? If you answer yes to any of these questions then we can help! Are collection agencies constantly harassing you? Is your mailbox full of overdue notices? Are you using one credit card to pay off another? Has your vehicle been repossessed? Has someone sued you and won? Did your “ex” leave you with all of the bills and only half the household income? Are your total bills as much as you make in a year? Were you laid off from your job and now not working or working for less pay? Have you thought...

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