September 2021 – Jmfny Law

Sep182021 by Lyla SeanNo Comments

What Is The Bankruptcy Means Test?

Law

Personal bankruptcy means a test is a good option if you're considering declaring bankruptcy. The personal bankruptcy means test is one way to determine the best type of personal insolvency for your financial situation. If you have a low income, a Chapter 7 bankruptcy can help you to find a solution. Chapter 13 bankruptcy allows you to use your income for a repayment plan. It also protects your possessions while allowing you to forgive many of your financial obligations. Below is how a personal bankruptcy means test works to determine which option is best for you. Comparing Revenue First, you need to compare your home income with the areas. Chapter 7 filings will be possible if your household income is below the area standard. You will need information about your allowed ex...

Don’t Delay Your Bankruptcy Filing

Lawyer

Many Americans find themselves in debt and under constant stress. Many debtors agree that filing for bankruptcy is too late. They could have had a better financial future if they filed sooner. As qualified bankruptcy lawyers, we recommend that you seek legal counsel immediately if you are in a difficult financial position. We can help you determine the best course of action, and if bankruptcy is a good option for your financial situation. These are the top four reasons to file bankruptcy immediately and one reason you might want to delay. Collection Efforts Are Increasing You may feel stressed and traumatized if you are being constantly contacted by creditors. You can stop creditors from pursuing you by filing bankruptcy. You can stop the phone calls and improve your quality of life by...

What Is Personal Injury?

Law

Civil law includes personal injury. Personal injury claims are meant to compensate victims of social wrongs or accidents, such as defamation. In a personal injury case, the plaintiff is the one who has been injured. The defendant in a personal injury case is the one against whom the case is being brought. The plaintiff in a case where the victim dies from an accident is the representative of his estate. In a personal injuries claim, the defendant is the party whose negligence caused the victim's injury or loss. The cross-defendant is when the defendant claims that another party is to blame. Personal Injury: Some Aspects Limitations Imposed By Law You must file your personal injury claim within 2 years of the accident. You may lose your right to file a personal injury lawsuit if yo...