Northern Virginia Bankruptcy Attorney | Robert Weed
Here’s an email I got yesterday. “Dear Mr. Weed, “Just an update. I did receive my clearance and thank you for your help. I have a new question for you. My mortgage on my house was included in my bankruptcy. I have been paying it for the last year. They recently changed my rate and [...]
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After filing bankruptcy, people say they sleep better. That’s one of the exciting findings of a new survey, done through SurveyMonkey.com, of those who filed bankruptcy in 2009 and 2008. In all, 93% said life was better because they filed bankruptcy. Nearly all, 88%, said better sleep was one of the reasons why. Studies show [...]
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Filing bankruptcy gets rid of most of your debts; but it does not necessarily get rid of most of your problems. For some people, real estate that they already moved out of is a problem. Filing bankruptcy does not mean the bankruptcy court takes over your house. Unless the bankruptcy trustee thinks they can sell it and make some money [...]
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I’m one of a handful of lawyers in the country who promises to fight the credit bureaus–sue them if necessary–after your bankruptcy is over. I want to make sure that all the debts discharged in your bankruptcy are reported by the credit bureaus as “discharged in bankruptcy.” That should be automatic, but it’s not. Let [...]
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About a month after we file your bankruptcy papers, we go with you to your bankruptcy hearing. The U S Trustee’s office here in Alexandria, Virginia schedules fourteen hearings an hour. For many people, the bankruptcy hearing takes three minutes or less. You want to be one of the people who is in and out in under [...]
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A lot of people who think they need a business bankruptcy really don’t. They often need to do a personal bankruptcy, instead. And they need to just dissolve their LLC or S corporation. Does this apply to you? You probably don’t like to hear from me that you need to file a personal bankruptcy. After all, Donald [...]
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I don’t take the “car wash” approach to bankruptcy. Car wash approach? What’s that? At the car wash, you drive up, pay them, they run your car through, and you drive off. The car wash doesn’t care where you have been, or where you’re going. They don’t care what happens once the car wash is [...]
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Planning to file bankruptcy? You will need to round up bank statements. You’ll need them at the beginning of the bankruptcy process; and you’ll need them again near the end. Since you need to tell the bankruptcy court about all your accounts when you file your bankruptcy papers, you want to talk them over with your lawyer early–in time to identify and [...]
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The 2005 bankruptcy law is unfair to families. If you have children, you need to fill out your bankruptcy budget very carefully. Here’s why. The means test in the 2005 bankruptcy law is easy on singles, and hard on big families. Here’s an example: a household of one is allowed $300 for food. A family of four is allowed $757. [...]
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When people talk to me about filing bankruptcy, I often tell them to change banks. Here are three reasons. 1. If you have money in a bank you owe money to: change banks. A bank is allowed to pay themselves for money you owe them. If you have money in Bank of America and you have a [...]
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Is bankruptcy right for you? Is it better than debt settlement? Does it really give you a fresh start? Watch our videos to discover how bankruptcy can work in your favor and put an end to your financial stress.
