2013년 11월 24일 일요일

About 'debt free associates'|... those associated with Sabbatical Years...year. In this year all the debts of the poor were...and slaves set free. Jubilee Years ...







About 'debt free associates'|... those associated with Sabbatical Years...year. In this year all the debts of the poor were...and slaves set free. Jubilee Years ...








You               have               been               pushed               to               the               brink               of               economic               ruin.

Your               future               involves               a               view               of               remaining               impoverished               by               debt               far               into               the               latter               portions               of               your               life.

Everyday               brings               new               financial               bad               news               to               your               mailbox               and               telephone.

You               can               feel               the               noose               of               financial               bondage               tightening               around               your               life.

You               need               help.

Short               of               a               rich               relative               choosing               to               just               pay               you               out               of               debt,               bankruptcy               looms               as               your               only               option.

Because               few               people               openly               discuss               their               bankruptcy               experiences,               you               are               not               sure               how               to               proceed.
               The               first               step               toward               filing               for               bankruptcy               is               to               locate               an               attorney.

Bankruptcy               is               not               considered               a               difficult               thing               for               a               lawyer               to               handle.

Many               of               them               see               bankruptcy               as               their               bread               and               butter.

The               billing               is               good.

The               procedure               is               almost               the               same               for               everyone.

The               only               trick               is               to               find               an               attorney               that               you               can               somehow               afford               to               pay               for               the               service.

Bankruptcy               can               cost               anywhere               from               $500               to               more               than               $2,000.
               You               will               need               this               money               up               front.

Shop               for               the               cheapest               lawyer               in               your               area               with               a               reasonable               reputation.

The               complexity               of               your               filing               will               affect               the               cost               a               little.

For               most               filings,               attorneys               have               a               flat               rate               for               all               comers.
               You               will               be               asked               to               build               a               portfolio               of               assets               and               liabilities.

This               will               be               to               prove               that               you               have               significant               debt               and               no               realistic               way               to               repay               it.

Many               times,               the               interest               and               penalties               start               to               escalate               faster               than               you               can               make               payments.

Bankruptcies               are               usually               handled               in               Federal               Court.

This               means               that               the               standards               do               not               vary               much               from               state               to               state.
               In               your               portfolio               will               be               copies               of               the               statements               showing               all               of               the               debt               that               you               desire               to               discharge.

You               do               not               have               to               discharge               all               debt.

For               example,               if               you               want               to               keep               your               house,               you               can               leave               your               mortgage               out               of               the               process.

You               may               have               a               personal               debt               to               a               close               friend               that               you               plan               to               repay.

Generally,               you               want               to               exclude               as               little               as               possible               so               that               you               come               out               as               debt-free               as               you               can.
               Bank               statements               and               documents               proving               income               for               up               to               six               months               are               required.

Tax               forms               going               back               at               least               a               year               or               two               are               needed.

All               bank               accounts               and               holdings               are               to               disclosed.

Failure               to               disclose               assets               may               jeopardize               or               delay               your               bankruptcy               ruling.
               Your               attorney               will               document               everything               that               you               need               for               a               successful               hearing.

He               or               she               will               also               file               all               papers               and               notify               you               of               your               court               date.

You               will               also               be               notified               by               the               court.

Once               the               bankruptcy               filing               is               made,               your               creditors               must               back               off               on               collection               proceedings               or               risk               legal               penalties.

They               have               a               right               to               appear               at               your               hearing               and               protest               the               bankruptcy,               but               they               are               seldom               make               a               difference.
               Notices               will               be               placed               in               local               newspapers               announcing               that               the               bankruptcy               in               pending               and               inviting               creditors               to               appeal.

This               is               the               part               where               bankruptcy               can               be               embarrassing.

Friends,               family,               and               associates               may               see               your               name               in               print.

You               will               just               need               to               swallow               your               pride               and               move               forward.

Once               the               bankruptcy               is               completed,               you               will               be               free               of               the               debt               and               able               to               rebuild               your               pride               and               your               life.
               The               bankruptcy               hearing               itself               is               somewhat               embarrassing.

You               are               ushered               into               a               room               with               a               gallery               filled               with               other               bankruptcy               filers.

They               are               allowed               to               sit               and               listen               in               as               your               personal               financial               situation               is               discussed               by               the               court.

Sometimes               laughter               and               jeers               erupt               when               people               have               problems               answering               some               of               the               tough               questions               or               fail               to               fully               understand               what               was               asked.

It               can               be               humiliating.
               The               hearing               typically               lasts               about               fifteen               minutes               or               less.

You               will               be               informed               that               you               will               receive               your               debt               discharge               letter               in               about               eight               to               ten               weeks.

For               most               bankruptcy               filers,               once               you               leave               the               courthouse,               your               part               is               over.

When               you               receive               the               letter,               your               financial               picture               can               begin               to               brighten.

During               this               process,               you               will               have               to               take               or               listen               to               training               on               how               to               manage               debt               and               financial               matters.
               You               can               only               declare               bankruptcy               once               every               seven               year               without               having               to               face               legal               problems.

Your               credit               will               soar               fairly               quickly               after               your               bankruptcy               is               complete               because               of               this.

The               legal               possibilities               give               creditors               a               reasonable               expectation               of               full               repayment               of               any               new               debt.






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