Student Loans Debt

-

Comments

Post a Comment

Popular posts from this blog

Chapter 7 Bankruptcy Special!

-
   The Law Office of Charles L Basch II is running a special through the end of the month for a basic chapter 7 bankruptcy* a flat fee of $1,000.00 including the filing fee! That is a huge savings but only through the end of the month!  Call or text today 1-586-943-9211 * After a full and complete analysis. This fee only applies after the full analysis, and extra or complex issues are subject to rate increase based on the nature of the issues presented. The consultation is free. There is no obligation. And terms are subject to change. 
Read more

An Introduction To Chapter 7 Bankruptcy

-
Bankruptcy is a legally declared inability of individuals or businesses to pay their debts. A bankruptcy can be requested not only by creditors in an effort to get what they are owed but also by the insolvent individual or organization. If it is difficult to repay debts, declaring the bankruptcy may be the right solution to debt problems. Out of six basic types of under the Bankruptcy Code, Chapter 7 is a “liquidation” of nonexempt assets to pay debts. In a court-supervised procedure, a court appoints a trustee who liquidates the non-exempt assets of the debtor’s estate and makes distributions to creditors. The Bankruptcy Code allows the debtor to keep certain exempt property; but a trustee will liquidate the debtor's remaining assets. According to the amendments to the Bankruptcy Code enacted in to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, if a debtor’s income is in excess of certain thresholds, the debtor may not be eligible for chapter 7 relief....
Read more

Law Office Update

-
Hello, I wanted to let everyone know that during this unprecedented time The Law Office of Charles L Basch II is still open, and servicing new and existing clients full-time. I am still diligently involved in cases and all aspects of keeping them healthy and moving forward by what ever means available to my office offered by the Courts or the Federal Government that may arise going forward. I do not anticipate that any of us will all be out of work for very long, and, I am hoping that all the parties involved, Judges, Trustees and Creditors will be a bit accommodating considering the extreme circumstances that we face right now. I would hazard to guess, but cannot make any guarantees, if, in a prolonged stretch, that Congress will, or would intervene to address the millions that are going through the federal court systems especially bankruptcy court and offer some form of remedy. As of right now Bankruptcy Courts are still holding hearings, although all tel-phoni...
Read more