BANKRUPTCY FAQ's WHAT YOU MUST KNOW ABOUT BANKRUPTCY

Bankruptcy questions
Under 11 USC 528: We are a debt relied agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Is bankruptcy a financial tool that can help secure your future? Can you avoid it? At Warner Mariani, LLC, we help people in financial trouble understand their options, make choices, and take actions to prevent debt problems from spiraling out of control

Though it may be difficult to see past your current financial troubles, there is a light at the end of the tunnel. And no, it is not an oncoming train.

For perspective, last year over a million and a half individuals filed for bankruptcy. Millions more are in serious financial jeopardy. You are not alone. Economists estimate that for every family that declares bankruptcy, there are seven more that should based on their debt load. More people will file for bankruptcy this year than will get divorced or graduate from college. Even more startling, married couples with children are two times more likely to file for bankruptcy than married couples without children.

Why? You may think the trouble comes with abuse of credit cards. And while that may be true for some, it's mostly a myth perpetuated by the credit card companies. The truth is the majority of individuals and families in financial trouble can be directly linked to circumstances beyond their control: the loss of a job, a medical crisis, or a family crisis such as a death or divorce.

And while bankruptcy is one avenue for dealing with debt issues, there are other alternatives. Which is the most appropriate for you? Based on your situation, the choice may be complicated. You won't know for sure without competent advice. This is why Warner Mariani, LLC, offers a free and confidential consultation without any obligation on your part whatsoever.

The following are frequently asked questions regarding bankruptcy and some answers we hope may help you.
Q : What can I do if I owe more than I can pay?
A : Filing for bankruptcy may be the best choice for you due to the fact that in bankruptcy,... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What can I do if I can't make even my minimum monthly payments on my credit cards, or personal loans, or medical debts?
A : Filing bankruptcy may be the best choice for you because... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What can I do if I am getting sued on debts I have not been able to pay, and I can't afford to defend the lawsuit(s) filed against me?
A : Filing for bankruptcy may be the best choice for you due to the fact that in bankruptcy,... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What can I do if I am behind on my mortgage payments, and my house is about to be foreclosed by my mortgage company?
A : Again, the filing for bankruptcy may be the best choice for you ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What can I do if I fell behind on my car payments through no fault of my own and the car loan company is going to repossess my car before I can get caught up on my car payments?
A : Filing bankruptcy will give you the immediate ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What is the biggest advantage of filing for bankruptcy?
A : By filing bankruptcy, you may be able to discharge credit card debt... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q : What does discharge of debt mean?
A :Discharge of debt means that the person or business you owe the ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :If I get a bankruptcy discharge, does the discharge get rid of the liens on my house and car?
A :No, the bankruptcy discharge only gets rid of your personal... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Because the bankruptcy discharge does NOT get rid of the creditors' liens on items, how can I use my bankruptcy to get rid of the creditors' liens on those items?
A :The creditor with a lien on an item will eventually be able to foreclose on... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :When does the Bankruptcy Court issue the discharge to debtors in Chapter 7 bankruptcy cases?
A :The Bankruptcy Court issues the discharge to the Chapter 7... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What are the grounds for the Bankruptcy Court to deny the debtor a discharge in a Chapter 7 bankruptcy case?
A :The grounds for denying a discharge are listed in... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What are the grounds for a creditor asking the Court to NOT allow a particular debt(s) to be discharged in a Chapter 7 bankruptcy case?
A :Debts for fraud, conversion, embezzlement, breach of fiduciary duty,... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Are there some kinds of debts that cannot be discharged in bankruptcy at all?
A :Yes some kinds of debts cannot be discharged... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Can student loans be discharged in bankruptcy, or not?
A :"Dischargeability" of federally insured student loans... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :When does the Bankruptcy Court issue the discharge to debtors in Chapter 13 cases?
A :In Chapter 13, the debtor only receives a Chapter 13 ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What if a Chapter 13 can't complete making his/her Chapter 13 plan payments, because he/she gets sick, laid off, etc.
A :A debtor who cannot complete making Chapter 13 ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Who is the "debtor"?
A :"Debtor" is the Bankruptcy law word for ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Who are the "creditors" ?
A :"Creditor" is the Bankruptcy law word for the people and businesses... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Is there more than one kind of bankruptcy?
A :Yes, there are Five (5) different kinds ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What is Chapter 7 Bankruptcy?
A :Chapter 7 is the simplest, fastest, and least expensive ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What is Chapter 13 Bankruptcy?
A :Chapter 13 bankruptcy is a debt adjustment procedure for... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Who are the "creditors" ?
A :Chapter 11 Bankruptcy cases are the big "reorganization" cases... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What is "involuntary bankruptcy"?
A :Involuntary bankruptcy is a procedure provided for by ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :What happens if one spouse wants to file for bankruptcy but the other spouse refuses to file bankruptcy?
A :One spouse can file bankruptcy alone... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :If a person filed Chapter 7 bankruptcy case a few years ago, and got a Chapter 7 discharge, can that person file Chapter 7 bankruptcy again, and get a second Chapter 7 discharge?
A :To be eligible to seek a discharge in a second ... Get the answer now in our Free Report - What You Must know About Bankruptcy
Q :Who was the third President of the United States?
A :Thomas Jefferson. A widely respected man who almost was constantly Get the answer now in our Free Report - What You Must know About Bankruptcy