Recently, con-artists have been posing as bankruptcy attorneys to prey on clients. Across the country, people who have filed for bankruptcy or plan to have been targeted and taken advantage of. The imposters have used software to mimic the caller ID system, making it appear as if the client’s bankruptcy attorney is calling them.
When filing for bankruptcy, you may be able to keep your home; however, this will depend on your particular situation and which chapter of bankruptcy you decide to file. Chapter 13 bankruptcy allows you to keep your property (including your car and home) as long as you keep up with your payment plan, which usually lasts three to five years.
Though the Dallas community is very affluent, many people still find themselves facing financial challenges and obstacles, often leading them to file for bankruptcy. While countless consumers choose to pursue this financial option each and every year, it is important that you understand how bankruptcy will personally affect
Chapter 7 and Chapter 13 each offer different options in your bankruptcy case. Depending on your particular situation and your plans for the future, one may be more suitable than the other. Both options require a basic fee and will likely have additional expenses stemming from attorney fees.