Generally speaking a Chapter 7 bankruptcy will wipe out most unsecured debts. Credit cards are often an unsecured debt. If there is any deficiency balance on the house a Chapter 7 bankruptcy will wipe that out as well. I would recommend you look to set up a free consultation with a bankruptcy attorney in your area. Best of luck!
3447 Robinhood Rd. #202
Winston-Salem, NC 27106
From: Damon Duncan, Workers' Comp Attorney with offices in Charlotte, Greensboro & Winston-Salem, NC
I agree with John. You need to hire an experienced workers' compensation attorney ASAP because they can help you with the insurance company and can work to get your claim possibly accepted.
As long as they have enough employees to carry workers' compensation insurance (which I imagine they would) then it would probably protect you the most to run it through workers' compensation. You can hire a workers' compensation lawyer and they can walk you through the process and make sure you get the care you deserve. It will always come across as being biased when a workers' comp lawyer answers this question but you probably can best be served by an attorney in this situation - especially...
I agree completely with Mr. Fabricius. Depending on the level of debt you have, you may want to talk with a bankruptcy attorney. Your income is protected but other property you have, depending upon the equity in that property, may not be protected.
Best of luck,
Duncan Law, PLLC
Greensboro & High Point Bankruptcy Lawyer
I'm echoing what the others have said. In order to keep your property you will need to be able to make your regular monthly mortgage payments. A Chapter 13 bankruptcy may be a possibility for you to keep your house and allow you to pay back the arrearage amount over the course of five years. However, if you don't have a job that shows you can make those payments it won't do you much good to do a Chapter 13 bankruptcy - at least based on the facts you've provided.
If you are going to lose...
If you filed with an attorney I would encourage you to reach out to them. They can likely discuss your Schedule I and Schedule J budget and if things have changed that make it more difficult to make your plan payments they may be able to talk with the Trustee to reduce your payments (as long as you are paying more than a 0% plan and don't have any non-exempt equity that has to be paid over the bankruptcy).
If you get out of the bankruptcy all of the creditors could start going after you...
Thanks for your question. It sounds like you may want to contact a workers' compensation attorney. The rating they are talking about would be a rating on your back (and any other injured body part) from the doctor. They will then use this rating to try to determine what amount of compensation you are entitled to. If you are going to have long term and lasting problems with your back then speaking with a workers' compensation, in my opinion, is a must. At least learn what your rights are and be...
You can still be laid off. It's not uncommon for companies to do this. They will lay off an injured worker and say it was a general layoff of several people due to the economy of the business, etc. Sometimes they are legitimate but many times they are not.
Be sure to speak with a workers' compensation lawyer about your specific situation because even if they lay you off they still would need to pay your compensation rate to you each week. This is 66% of your average weekly income averaged...
If you filed the Chapter 7 bankruptcy then you typically do not need to do anything else regarding the mortgage. I would just encourage you to contact the mortgage company and their attorney and provide them with the case number and your attorney's information. This should stop the foreclosure due to the automatic stay.
However, be aware of something commonly overlooked. If you have HOA dues and fees then you may want to continue paying those. Even though you've surrendered the house in a...
Thank you for your question. The Fair Debt Collection Practices Act lays out tactics that creditors can and cannot use for collecting a debt. I would encourage you to look at that. I have included a link below to that Act.
Typically, if you are receiving a Notice of Right to Have Exemptions Designated then the creditor has already filed a lawsuit and obtained a judgment against you. If that is the case, it is important that you either correctly fill out the Notice of Right to Have Exemptions...