Firm News

What is the difference between Chapter 7 and Chapter 13 Bankruptcy?

If you are looking for a bankruptcy attorney but aren’t sure what type of bankruptcy suits you best, realize that there are two contrasting types: Chapter 7 and Chapter 13 bankruptcy. The Law Offices of Jason R. Moseley concentrates in both types and can answer any questions you may have about which you qualify for. There are some big differences between the two and youContinue reading

Can I Still Buy a Home After Bankruptcy?

What Does Bankruptcy Mean for My Future? Bankruptcy is a viable solution to overcome insurmountable debts that can help you and your loved ones move forward. It can, in certain situations, wipe the slate clean or give you a chance to catch up on your debts and provide the opportunity for a brighter future. Most people are unaware, however, that bankruptcy proceedings can partially inhibitContinue reading

What Are The Leading Causes Of Bankruptcy?

Most Common Causes of Bankruptcy Personal bankruptcy filings in the United States have risen. A look at the last two years of data will help shed some light on the most common causes of bankruptcy. Many feel confident they already know what the largest root cause is for personal bankruptcy, but the real causes are indicated by several current studies. In 2012 some 1.4 millionContinue reading

Am I Eligible to Declare Bankruptcy?

As the American economy has recently waned, a lot of undue financial stress has been placed on American families. Our national debt is only increasing, and the average amount owed per capita is rising as well. If you are feeling burdened by debt you may be asking yourself, “Do I qualify for bankruptcy?” The answer to this question is largely dependent on what type ofContinue reading

What Is Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, a bankruptcy trustee erases several (or all) of your debts. During this time the trustee may also sell or liquidate some of your property to repay your creditors and debt. Chapter 7 bankruptcy is the liquidation via sale of the debtor’s nonexempt property (these normally include items of value that are not reasonable and necessary) and the distribution of these proceedsContinue reading