Bank Levies for Past-Due Debts
Has your bank account been frozen because you owe an unpaid debt? Judgment
creditors often freeze bank accounts for weeks to collect an unpaid debt
before a case is brought before the court. This type of garnishment can
severely impact your ability to pay for food, utilities, rent, and gas
to drive to work.
If you are facing a bank levy, then filing for bankruptcy can help you
get immediate access to frozen funds. We have extensive experience in
this area and can help you find a workable solution to resolve your financial hardship.
Citation to Discover Assets
A Citation to Discover Assets is a collection tool that requires a debtor
to appear in court and answer questions about their property and income
so that creditors can obtain access to your property and income to pay a debt.
A Citation to Discover Assets is very powerful because it creates a lien
on all “non-exempt” personal property” for at least
six months and prohibits debtors from transferring or disposing of nonexempt
property. Filing for
bankruptcy can help avoid the consequences of a citation lien. Contact us today if
you are being sued or have a judgment or a citation to discover assets
issued against you.
Credit Card Debt Solutions
Both Chapter 7 and Chapter 13 bankruptcy can help eliminate excessive credit
card debt. In a
Chapter 7 case, debtors can usually eliminate nearly all unpaid credit card obligations, while a
Chapter 13 bankruptcy may allow debtors to repay only a small portion of unpaid credit
card debt through an approved plan. With our extensive experience in your
corner, you will have the reliable counsel you need to find a workable
solution to resolve your outstanding credit card debt.
Do you owe unpaid rent to your landlord? Did you fail to pay homeowners
association dues and now they want to evict you from your home? Are you
worried about being evicted because you cannot pay rent? Do you owe unpaid
rent to a former landlord who is threatening to sue you? There is help
available to address eviction issues when you file for federal bankruptcy
Bankruptcy can stop an eviction and give you more time to repay unpaid
homeowners association dues or eliminate unpaid rent debt. Let us guide
you through the bankruptcy process and help you find a workable solution
to resolve your financial hardship.
Do you have past-due mortgage payments? Have you received a Notice of Foreclosure?
There are options available in bankruptcy that can help you catch up on
late payments and save your home from the threat of foreclosure.
Filing a Chapter 13 bankruptcy plan gives debtors five years to cure a
mortgage default as they continue to make their regular mortgage payments.
There is also a federal automatic stay in bankruptcy that prohibits creditors
from continuing mortgage collection and foreclosure proceedings during the case.
Judgments & Liens
Judgments are a powerful tool used by creditors to collect unpaid debts.
Creditors will frequently file a lawsuit to obtain a judgment. Once a
judgment is entered, the creditor can record the judgment as a lien against
the debtor's home, seek wage garnishments and request bank levies to freeze
checking and savings accounts.
Creditors will also often ask the court to allow a citation to discover
assets to create a lien on all of a debtor's non-exempt personal property.
Filing for bankruptcy can help you avoid the consequences of a collection judgment.
Medical Debt Relief
Hipple Law P.C. understands that serious illness can result in excessive
medical bills, even when you have insurance. Bankruptcy is an option to
help you resolve issues with unpaid medical debts. In a Chapter 7 case,
you can often eliminate all payment obligations for past medical debts. In a
Chapter 13 case, you might be able to repay only a portion of your unpaid medical
creditors with an approved plan.
Payday Loan Debt
Payday loans can be eliminated in bankruptcy as a dischargeable unsecured
debt, so don’t be misled by payday lenders who tell you otherwise.
You can avoid high-interest rates, wage assignment agreements, and aggressive
payday loan collectors by filing for bankruptcy.
Has your vehicle been repossessed? Are you late on car payments? Is your
lender threatening repossession? We know that vehicle lenders can be some
of the most relentless creditors if you are late with or miss your payments.
If you need time to catch up on late payments or you cannot afford a vehicle,
then bankruptcy is an option to consider. You can also surrender vehicles
or you might be eligible to repay a car loan at a lower interest rate
with a court-approved plan in a bankruptcy case.
Wage Garnishment Defense
Are your wages currently being garnished? Can you no longer afford to pay
for food, transportation, and rent because too much of your paycheck is
going towards paying back creditors? Are you worried that a creditor could
garnish your wages if they sue you?
Wage garnishment is very serious because it can severely restrict your
ability to pay for living expenses and necessities. When you file for
bankruptcy, there is an automatic stay to stop wage garnishments immediately.
You might also be able to avoid paying the garnishment creditor for an
unpaid debt if you file for bankruptcy.
Hipple Law P.C. possesses more than 20 years of legal experience and can
assist you today with your debt collection issues. Please call
(847) 787-7179 or fill out our
online form to schedule a consultation.