Category Archives: Bankruptcy
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If you are in serious debt and fail to take action to remedy the situation, the IRS may levy your property or garnish your wages. A levy is a legal seizure of your property in order to satisfy a debt. The IRS can levy property that you hold — including cars, houses or boats, or… Read More »
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If you are considering bankruptcy, you may be wondering what types of fees you will be required to pay in order to file Chapter 13 or Chapter 7 bankruptcy. The amount of money you pay greatly depends on the type of bankruptcy you choose and the complexity of your case. The first cost is the… Read More »
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When you are in financial distress, staying on top of your mortgage can be difficult. Are you considering bankruptcy as an option? Before filing bankruptcy, you should take a moment to understand how it may affect your mortgage. We explain to our clients seeking bankruptcy that they have two options: Chapter 13 or Chapter 7…. Read More »