All items from AllmandLaw

Excessive debt is one of the major reasons why people file for bankruptcy. In many cases, the excessive debt is the result of paying for necessities such as medical bills and vehicle repairs. While there are some exceptions, most credit card debt can be wiped clean with Chapter 13 and Chapter 7 bankruptcy. Chapter 7 Bankruptcy […]
The post How to Get Rid of Credit Card Debt Through Bankruptcy appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 4 weeks 2 days ago

The idea behind bankruptcy is to assist a person in resolving debt and learning better financial management. Being able to start again is not just about leaving the past behind, it also requires a person to protect their remaining assets. The benefits of this can be maximized by NOT borrowing, selling or depleting these assets... Read more »
The post Can I Sell Some of My Assets Before Filing Bankruptcy? appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 9 weeks 5 days ago

While serving in the military, individuals have the same rights as regular civilians to file bankruptcy protection in order to save their valuable assets. However, individuals should keep in mind that certain high-ranking positions require security clearances that may not be available to people who have filed for bankruptcy. Nevertheless, there are no legal restrictions... Read more »
The post Can You File Bankruptcy While in the Military? appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 11 weeks 4 days ago

Gubernatorial candidate Nathan Deal is reeling after a U.S. bankruptcy judge ordered the reopening of a 2009 bankruptcy filing by Deal’s daughter Carrie Deal Wilder and his son-in-law Clint Wilder. A U.S. bankruptcy trustee sought to reopen the Wilders’ case after it was revealed that Clint Wilder was not eligible for a discharge of his... Read more »
The post Failure To Disclose Previous Bankruptcy Jeopardizes Discharge appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 12 weeks 2 days ago

If you file personal bankruptcy, it can take a significant toll on any business ownership in your name, depending on how the business was legally organized and the type of bankruptcy petition filed with the court. Under United States bankruptcy code, there are two types of filings for individuals; they are indicated by “Chapter” numbers,... Read more »
The post Personal Bankruptcy and Business Ownership: What You Need to Know appeared first on AllmandLaw.



From AllmandLaw
Posted 17 weeks 4 days ago

If you file personal bankruptcy, it can take a significant toll on any business ownership in your name, depending on how the business was legally organized and the type of bankruptcy petition filed with the court. Under United States bankruptcy code, there are two types of filings for individuals; they are indicated by “Chapter” numbers, […]
The post Personal Bankruptcy and Business Ownership: What You Need to Know appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 17 weeks 4 days ago

A consumer facing a insurmountable financial burden many times pursue either a Chapter 7 or a Chapter 13 bankruptcy. A Chapter 7 bankruptcy provides a consumer relief in the form of what is known as a discharge from a good portion of his or her debts. On the other hand, relief in a Chapter 13... Read more »
The post I Just Received a Motion for Relief from Stay: What Do I Do? appeared first on AllmandLaw.



From AllmandLaw
Posted 18 weeks 3 days ago

A consumer facing a insurmountable financial burden many times pursue either a Chapter 7 or a Chapter 13 bankruptcy. A Chapter 7 bankruptcy provides a consumer relief in the form of what is known as a discharge from a good portion of his or her debts. On the other hand, relief in a Chapter 13 […]
The post I Just Received a Motion for Relief from Stay: What Do I Do? appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 18 weeks 3 days ago

  The Consumer Protection Bureau (CFPB) slapped Ace cash express with a $5 million dollar fine and ordered $5 million in restitution and refunds to borrowers. The CFPB found that “Ace used false threats, intimidation, and harassing phone calls to bully pay day borrowers into a cycle of debt,” said CFPB Director Richard Cordray.  Ace... Read more »
The post Ace Cash Express Stacked the Deck against Consumers, CFPB Collects the $10 Million Dollar Pot appeared first on AllmandLaw.



From AllmandLaw
Posted 22 weeks 3 days ago

  The Consumer Protection Bureau (CFPB) slapped Ace cash express with a $5 million dollar fine and ordered $5 million in restitution and refunds to borrowers. The CFPB found that “Ace used false threats, intimidation, and harassing phone calls to bully pay day borrowers into a cycle of debt,” said CFPB Director Richard Cordray.  Ace […]
The post Ace Cash Express Stacked the Deck against Consumers, CFPB Collects the $10 Million Dollar Pot appeared first on Allmand Law Firm PLLC.



From AllmandLaw
Posted 22 weeks 3 days ago