A statute of limitations does not apply to bankruptcy. A statute of limitations is the time limit for filing a lawsuit or for prosecuting a person for the commission of a crime. Because a bankruptcy is not a lawsuit brought against someone else---it is a right granted by federal law---statute of lim
Homeowners, or mortgagees, struggle to understand their rights in a bankruptcy proceeding. Simply stated, most homeowners wonder if filing for bankruptcy will cause them to lose their home, or whether they can file for bankruptcy and keep their home. The problem is, there is no simple answer. First,
Are you planning to file bankruptcy but you're not sure if you can afford to hire a bankruptcy lawyer? Everyone who's in bad debt situation would like to know how to find a cheap bankruptcy lawyer. We
Bankruptcy is a heartbreaking situation, and in these difficult economic times it is no surprise that many people who thought they were financially solvent are now finding themselves in situations where they have to declare bankruptcy.If you are a Dallas resident and find that you are faced with the
What you may be wondering now is how you are expected to afford to hire a bankruptcy lawyer when you are clearly in financial distress. This is often decided between the court of bankruptcy and the lawyer you hire depending on the seriousness of your case.
Many states do not require an LLC to have an operating agreement; however, it is a bad idea to run an LLC without one. This mantra holds true even for sole proprietorships. The operating agreement serves a myriad of functions such as guarding your company's limited liability status, dealing with man
Oregon offers bankrupt homeowners an exemption of up to $40,000.oregon image by Dawngo from Fotolia.comWhen filing for bankruptcy, homeowners risk losing their residence to creditors in order to cover their debts. Oregon provides a homestead exemption--an amount of equity not included in...
There are many people who still believe that bankruptcy means losing all of their possessions, financial assets, and wages. This, however, is not the case. A list of exemptions lay out the things you can retain. Bankruptcy is supposed to help with financial distress, not cause further troubles. Bein
Limited Liability Companies, typically referred to as LLCs, are a very simple form of business structure. They're easy to establish while still providing good legal protection for business owners. LLCs allow for great flexibility in ownership percentages and compensation. Setting up an LLC doesn't
Many individuals become overwhelmed when filing bankruptcy in the state of Virginia. Although the process may seem complicated, the United States Bankruptcy Court of Virginia has many resources available.
Bankruptcy is not something that anybody would want to face by choice; however, for a lot of people, bankruptcy appears to be the only choice when faced with financial problems. There is a stigma attached to bankruptcy that has a tendency to put fear into the hearts and minds of those people faced w
The chapter 7 of bankruptcy law West Houston completely discharges your unsecured debts and secures your assets. Let us know more about the law in the state.
The foremost responsibility of a bankruptcy attorney is to deal with the bankruptcy proceedings of his / her client. They also have to provide them with legal advice and representation in each step of the way. The bankruptcy attorney has to assist his / her client to pay off their debts once a decis
A real estate purchase agreement is a written contract between a buyer and seller and is often a preprinted form. Your real estate agent or attorney may amend this form or prepare a more specific agreement to limit its terms. These limitations may be referred to as contingencies.
If you and your family have found yourselves buried in financial debt, one of the first things that come to mind is filing personal bankruptcy. A bankruptcy filing may seem like a life preserver, but
Filing bankruptcy is no picnic and you may find yourself facing this hard decision not being able to locate someone local that you can trust and aggressive enough in getting your debts reduced. Bankruptcy is a difficult path and finding the right help is imperative to easing the burden. However, com
You don't have to be severely deliquent on your bills to file for bankruptcy. In fact, all that's necessary for Chapter 7 bankruptcy eligibility is passing the means test. Even individuals with relatively high incomes can file for bankruptcy. Income is considered, of course. However, your debt-to-in
Texas nonprofit regulations stipulate the business practices and labor governing these nongovernment organizations.texas proud image by buckwheat from Fotolia.comNonprofit organizations in Texas abide under certain corporate laws that provide the rule concerning their financial...
A bankruptcy attorney is the expert who focus specially on bankruptcy law and provide help at the time of legal requirement. They can come to the aid of individuals as well as organizations that are facing such proceedings. These lawyers explain the nuances of the law and how these laws work to reli
Lawyer Referral Hotline 661-310-7999 approved by the California Bar Association. Find a pre-screened bankruptcy lawyer in your area.
