Is Bankruptcy Right for YOU?!?!?! Bankruptcy Law Attorney

Is Bankruptcy Right for YOU?!?!?!?!?!? For more information or to schedule a free consultation visit our site:

https://www.botelholawgroup.com/

Is bankruptcy right for you? You should always use the services of an experienced attorney when dealing with bankruptcy, this video is just to give you some basic ideas and guidelines for determining if filing bankruptcy is right for you and your particular financial situation. When determining if bankruptcy is the right option for you, you first need to determine what chapter of the bankruptcy code you can file under, for most consumer debtors this would either be chapter 7 bankruptcy or Chapter 13 bankruptcy. The three most important factors in determining if you are to file Chapter 7 bankruptcy or Chapter 13 bankruptcy are: 1. your income, 2. The household size army people live with you, this includes spouses, children and or people you may be involved in a relationship with, 3. If you’re looking to save a home from foreclosure or repossession of car (basically are you behind on your machines looking in my property), and 4. You have a lot of cash on hand and assets that you do not want to be liquidated.

Most people who are asking this question, already know that they need to do something and bankruptcy usually is the right choice for those asking this question. This video will describe in detail the most important factors to determine if filing bankruptcy is right for you and your particular financial situation. This video will take you through your finances and explain to you what you need to look at to determine if bankruptcy is the right choice for you. If you are looking to stop the house from being foreclosed or to stop a car from being repossessed, will have to do with which chapter of the bankruptcy code you choose to file under either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Chapter 13 bankruptcy is usually used for those who are behind on their mortgage want to save their home, behind on a car payment and want to save their automobile, have too much money or assets that they do not want to be liquidated. Chapter 7 bankruptcy is for people who fall in the right income bracket, which is below the median income for the particular state you live on reference by how many people are in your household. This video will also help you determine if the particular debt you have can even be discharged in bankruptcy or not. Some debts such as back child support or a lawsuit that you lost and there was fraud involved, cannot be discharged in bankruptcy. The video will also touch on subjects such as discharging taxes within bankruptcies and very specific circumstances that must exist before you can discharge taxes in bankruptcy.
Joseph F. Botelho, Esq.

BOTELHO LAW GROUP
Attorneys At Law

901 Eastern Ave.
Unit 2
Fall River, MA 02723

Office: 888-269-0688
@botelholawgroup

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