Summer should be the time to enjoy long days and the beach or relaxing afternoons at the pool, not a time for worrying about a long lasting legal issue. If you find yourself in the middle of a patent litigation case or complex commercial disputes, you might consider finding legal representation so that you can enjoy your summer while someone else attends to the legal details of your case.
Few of us have the skills that it takes to handle the many legal situations that can occur in our lives. From employment discrimination to bankruptcy issues, it is often better to seek the necessary
Filing for bankruptcy if often considered to be a scary, headache inducing process. But it doesn’t have to be if you know all the facts. Here is everything you need to know about bankruptcy cases in order to stay educated about the process.
The types of bankruptcy
There are three main types of bankruptcy:
Chapter 7 bankruptcy is when your debts are liquidated. This means that credit card debt, personal loans, and mortgage loans are all forgiven. In order to qualify for this method, one must pass a means test that ensures they have a certain amount of income. If they do not, they may have to sell non-exempt assets– think home, cars, boats, other expensive items-