why am i getting a bankruptcy ad from a lawyer

What does a bankruptcy attorney do?

If they need to file for bankruptcy, they’ve usually gotten ads from “Bankruptcy Petition Preparers.” These folks advertise that they can prepare someone’s bankruptcy papers a whole lot cheaper than lawyers. They’re right. They CAN prepare your bankruptcy papers a whole lot cheaper than lawyers. Why? THEY’RE NOT LAWYERS!

What is bankruptcy and how does it work?

Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established. We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.

When is my bankruptcy case over?

Dec 06, 2018 · With substantial debt, the government can be concerned about the potential for being compromised or bribed. A bankruptcy means your debt has been discharged in a Chapter 7 and/or you have a reasonable repayment plan in a Chapter 13. In fact, getting rid of debt in a bankruptcy could increase your chances of approval.

Can I Keep my settlement proceeds after filing bankruptcy?

Bankruptcy is an honorable and long established remedy for bad luck or bad judgment. It allows people to reorient their lives, to lift the shadow of the financial past from their future. I can do that. I get to meet lots of people with different situations, different problems, different family situations and different goals.

Why am I getting a letter from a lawyer?

The most common letters a property manager receive from attorneys concern a dispute over the claim you have made on the security deposit, a request for a rent reduction or a request to break the lease agreement.Dec 13, 2019

Why would I get a bankruptcy letter?

A Notice of Bankruptcy informs you that you or your company may be owed money by a company that just filed bankruptcy (a debtor). Since you've been given notice, you're now expected to comply with the deadlines and restrictions imposed in bankruptcy.Oct 3, 2016

Why would a law firm contact me?

It could be that you are a witness to some event that they represent someone else for, they could represent a creditor of yours, or many, many, many other reasons.

Why did I receive a official Form 309f?

If you receive this notice, it means one of three things: The address you provided for the creditor in your bankruptcy paperwork was incorrect, The court sent you notice of your own bankruptcy via this form, or. Someone who owes you money filed bankruptcy.

What happens to creditors in a bankruptcy?

The moment you file your bankruptcy case, an automatic stay goes into effect. The stay prohibits almost all creditors from initiating or continuing any collection activities against you. A creditor cannot call you, send you collection letters, file a lawsuit, or otherwise attempt to collect its debt from you.

How do I respond to a bankruptcy notice?

Complying with a bankruptcy notice There are two ways to comply with a bankruptcy notice: pay the amount in the bankruptcy notice in full; or. come to an arrangement that is to the creditor's satisfaction, e.g. payment by instalments. It is up to the creditor as to whether to accept the payment arrangement.

What do you say when you call a law firm?

0:041:20What To Say When You Call An Attorney - YouTubeYouTubeStart of suggested clipEnd of suggested clipDid what he was supposed to do or finally hello i'm calling because i think i'm afraid i might loseMoreDid what he was supposed to do or finally hello i'm calling because i think i'm afraid i might lose my house and i'm wondering if i should file for bankruptcy melissa lets the lawyer.

Do lawyers call people?

A: Yes, an attorney can contact you but you have no obligation to speak with them. If you believe you are at risk of being accused of a crime, you should contact a criminal defense attorney to discuss the details of the matter. If you are contacted by law enforcement at any point, do not make any statements.Apr 4, 2019

What happens in a law firm?

A law firm is usually a partnership between lawyers who have come together to offer their expertise to clients under one name. These partners share the profits of the firm as well as the risks (liabilities), and engage other lawyers to work with them as associates.

What is a Form 309A?

Official Form 309A (For Individuals or Joint Debtors) Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline.

What is Official Form 309C?

Official Form 309C (For Corporations or Partnerships) Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline.

What happens when you announce bankruptcy?

Once you announce that you’re filing bankruptcy, all of the creditors that you owe a debt to will come calling. They all want to try and scare you into paying them back.

Is bankruptcy stressful?

Bankruptcy is one of the most stressful things that you’ll go through in your entire life. It has so many different moving pieces that you’ll find difficult to keep up with on your own.

Credit after bankruptcy

Six months to a year after bankruptcy discharge, most debtors’ have between a 600 and 650 credit score; some of my clients have even seen higher. This increase in credit is usually without too much effort. If you take good steps toward improving your credit and using credit responsibly, it can be even better.

How much debt should you have before considering bankruptcy?

There is no legal amount minimum debt necessary to file bankruptcy. We usually recommend at least $15,000.00 before you start considering bankruptcy as an option. But, the amount of debt usually depends on your income.

What can I keep in bankruptcy?

You can keep various things in bankruptcy. In a Chapter 13, you almost always keep everything you want to keep. In a Chapter 7, you are not completely without assets. There are certain bankruptcy exemptions (or protections) that apply to anyone filing for bankruptcy.

Do I have too many assets to file bankruptcy?

Your assets are not part of the analysis of determining if you qualify for bankruptcy; the court is considering your debts and incomes. Assets are a consideration in determining what you could lose in a Chapter 7 or how many needs to be paid out in a Chapter 13. Sometimes it is surprise what can be protected in a bankruptcy.

Security Clearance in Bankruptcy

Being in northern Virginia, we regularly have individuals who file bankruptcy with security clearances. Filing for bankruptcy relief will not automatically prohibit you from obtaining a security clearance. But whether you have a history of financial irresponsibility will be considered during the evaluation process.

Options to manage debts

The most important thing I tell my clients is that they should understand all options available to them. Bankruptcy is just one financial tool out of many that you can use when having financial problems. Only when you understand all of your options can you make the best decision for your situation.

You are not alone

Since the economic downturn of 2007, millions of individuals have filed bankruptcy. Some people have had to file bankruptcy twice in the last 10 years because of many factors, like difficultly finding work even after a bankruptcy, negative equity in real estate, and much more.

How to become a bankruptcy lawyer?

As a bankruptcy lawyer, you will need to decide if you will represent consumer or corporate clients. In the consumer realm, you will represent individuals unable to fulfill their debts due to illness, job loss or other personal factors.

What do you do in a debt restructuring?

In this field, you will work with both creditors and debtors while handling potentially stressful financial restructurings and resolutions. You must have the skills and abilities to handle these transactions and represent your clients in court. To ensure you can fulfill these duties, you must focus on sharpening your negotiation, research, analysis, communication and math skills.

What is the responsibility of a solo practice?

You must either perform the research, filing and other tasks on your own, or hire an assistant to perform the work for you. All of the expenses of running your own practice, such as rent, payroll, utilities and advertisements, will be your own responsibility while operating a solo practice.

Can you split expenses while working in a shared space?

By sharing the practice with a colleague, you will be able to split expenses and duties while operating within the shared space. You may choose to practice as a team or run your businesses separately. Although this option gives you a person to collaborate with, you may need to compromise a bit to ensure the arrangement works in the favor of you both.

What happens when you file for bankruptcy?

When you file for Chapter 7 bankruptcy, almost all property you own becomes part of the bankruptcy estate. Unless you can entirely protect an asset using a bankruptcy exemption, the bankruptcy trustee appointed to oversee your case can sell it to pay your creditors.

What are the legal claims that are included in bankruptcy?

Legal claims, including personal injury and breach of contract claims , are included in the assets you must list on your bankruptcy schedules when you file for bankruptcy. Whether a settlement is the property of the bankruptcy estate will depend on the date of injury.

How long does a Chapter 13 bankruptcy last?

In addition to the above, property of the estate in Chapter 13 bankruptcy also includes any settlements or property you acquire during your case (which typically lasts three to five years). If you receive a nonexempt settlement during Chapter 13 bankruptcy, you'll likely have to pay more towards your unsecured debts in your repayment plan.

How long does it take for a bankruptcy to be discharged?

In Chapter 7 bankruptcy, you normally receive a discharge a few months after filing your case.

Can you reopen a bankruptcy case?

In some cases, you may also want to reopen your bankruptcy. For example, if you accidentally forgot to list a debt or if a creditor is violating your discharge, you might ask the court to reopen your case to address these issues.

Can you file for bankruptcy if you received a discharge?

Just because you received a discharge doesn't mean that you have no more responsibilities in your bankruptcy. If you have a complex bankruptcy with ongoing lawsuits or appeals, your case might remain open for a long time after the court grants your discharge.

Can creditors reopen bankruptcy?

Even after your case is closed, the trustee, your creditors, or you can request that the court reopen your case. If the trustee or your creditors discover that you provided false information on your bankruptcy papers or didn't disclose all of your property , they can ask the court to reopen your case in order to administer those assets ...

Do not sell personal information?

Do Not Sell My Personal Information. Most debtors file for bankruptcy relief to discharge (wipe out) their debts. But your bankruptcy doesn't end when you receive your discharge. Your case is not officially over until the court closes it by entering a final decree or order.

Lawrence Joseph Marraffino

I practice in Gainesville and I see lawsuits filed by CACH which is a collection agency that buys old debts all the time. Very often the debts they buy are so old that they do not have the paperwork to prove their claims and my clients have had their cases dismissed. You do not have the luxury of time if you have been sued.

Gary D. Bollinger

In Eastern District of MO, where I practice, lawyer solicitation letters, based on actual filings, are common and ethically allowed.#N#More

Seyed Abbas Kazerounian

It very well may be a solicitation letter but a lit f the time they are right about you having been sued. You should double check as debt buyers are known to use servers that do not always sere the defendants (known s sewer service)

Manuel Alzamora Juarez

if you confirm that CACH has filed a lawsuit against you, you better get legal representation ASAP. Best of luck.