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What To Do If a Creditor Keeps Calling You After Chapter 7 Bankruptcy

 What To Do If a Creditor Keeps Calling You After Chapter 7 Bankruptcy 300 168 MISHIYEVA LAW Bankruptcy Lawyer NYC

If you have filed for Chapter 7 bankruptcy, and creditors and bill collectors are continuing to pester you with phone calls and notices despite the fact that you believe your debts were discharged, you should ask yourself the following questions: Was I Officially Discharged? Many debtors misunderstand the bankruptcy process, and erroneously believe that they…

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Redeeming Your Financed Car In a Chapter 7 Bankruptcy

 Redeeming Your Financed Car In a Chapter 7 Bankruptcy 300 139 MISHIYEVA LAW Bankruptcy Lawyer NYC

It has been my experience, that when I consult with individuals who are considering filing for bankruptcy, the most common question I get is “what about my car, can I keep my car if I file bankruptcy?” My answer, of course, depends on the circumstances of the individual debtor involved, but most of the time…

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chapter 7 discharge petition for NYC

Are Parking & Traffic Violations Dischargeable in Bankruptcy?

 Are Parking & Traffic Violations Dischargeable in Bankruptcy? 230 182 MISHIYEVA LAW Bankruptcy Lawyer NYC

To determine whether parking tickets and traffic violations are forgiven in bankruptcy, one would have to know which type of bankruptcy the debtor is planning to file. In a Chapter 7 proceeding, Section 523(a)(7) of the Bankruptcy Code, the controlling statute on the issue, provides that debts are not dischargeable if it is a “a…

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Chapter 11 Bankruptcy Lawyer Street Sign

Introduction to a Chapter 11 Bankruptcy

 Introduction to a Chapter 11 Bankruptcy 225 225 MISHIYEVA LAW Bankruptcy Lawyer NYC

Chapter 11 bankruptcy is the most involved, difficult, and expensive of all other bankruptcy proceedings. The current filing fee for a Chapter 11 is $1,717.00, plus any legal fees. A Chapter 11 is typically used as a vehicle to reorganize business debts, and can be used for individuals as well. An individual will file a…

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Chapter 13 Bankruptcy exit

Introduction to a Chapter 13 Reorganization Proceeding

 Introduction to a Chapter 13 Reorganization Proceeding 251 201 MISHIYEVA LAW Bankruptcy Lawyer NYC

In the bankruptcy system, there are two types of proceedings available to individual debtors: liquidations and reorganizations. Chapter 7 is a liquidation proceeding in which assets that cannot be claimed as exempt are sold and the proceeds paid to creditors. The debtor receives a discharge upon satisfying some or none of the debts (in a…

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Chapter 7 Bankruptcy Hearing Form

Warning: Your Chapter 7 Bankruptcy May Be Dismissed

 Warning: Your Chapter 7 Bankruptcy May Be Dismissed 259 194 MISHIYEVA LAW Bankruptcy Lawyer NYC

A bankruptcy proceeding under Chapter 7, 11, or 13 can be converted or dismissed by the bankruptcy court. In a conversion, one chapter is converted to another (such as a Chapter 7 filing is converted to a Chapter 13). A dismissal, to the contrary, will terminate a bankruptcy filing and render the proceeding as if…

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Bankruptcy Reaffirmation Agreement US court

Keeping Your Leased or Financed Vehicle in Chapter 7 Bankruptcy

 Keeping Your Leased or Financed Vehicle in Chapter 7 Bankruptcy 300 110 MISHIYEVA LAW Bankruptcy Lawyer NYC

When it comes to your leased or financed vehicle, you have three options when filing for a Chapter 7 bankruptcy. You can surrender, reaffirm, or redeem the property. Careful thought and consideration must given to any of the three alternatives. Surrender is a straightforward device used by debtors who want to just give back the…

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student debt bankruptcy crushing down

Are Private Student Loans Discharged in Bankruptcy?

 Are Private Student Loans Discharged in Bankruptcy? 225 225 MISHIYEVA LAW Bankruptcy Lawyer NYC

Discharging any student loan, whether it is federal, state, or private, is very difficult in bankruptcy. Unless you can show extreme hardship such as a disability and that your financial distress is likely to continue throughout your life, discharging student loans is nearly impossible. Both public and private student loans can be discharged in bankruptcy,…

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Man needs to file bankruptcy

Are Your Wages At Risk Of Being Garnished?

 Are Your Wages At Risk Of Being Garnished? 264 191 MISHIYEVA LAW Bankruptcy Lawyer NYC

The garnishment of wages by creditors has become very common these days. Truth is, this remedy has been available to neglected creditors for several years now, but it has become a popular trend only in the recent few years. The reason is probably because it is not difficult for a creditor to institute a garnishment…

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Bankruptcy & foreclosure home sign

Creditors, Chapter 13 Bankrupty & Foreclosure: Save Your Home

 Creditors, Chapter 13 Bankrupty & Foreclosure: Save Your Home 262 193 MISHIYEVA LAW Bankruptcy Lawyer NYC

If you own a home and have missed a few payments on your mortgage, your house may be at risk of being foreclosed. You may have done some research and came across the premise that filing for a Chapter 13 bankruptcy can help you keep your home. In my experience, people who are considering filing…

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