Consult with a Bankruptcy Attorney in St. Charles, MO About How to Handle Money Received from Lawsuits

It’s not unusual for a person to file for bankruptcy while in the midst of a personal injury lawsuit. Someone in this situation may wonder how the court will handle the money he or she receives from the case. Here’s how bankruptcy trustees deal with income from lawsuits and how a bankruptcy attorney in St. Charles, MO can help a petitioner keep as much of the cash as possible.

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Qualifying for Chapter 7 Bankruptcy

Chapter 7 bankruptcy is also referred to as a “clean slate” bankruptcy. This is because the majority of all unsecured debts are completely eliminated once the bankruptcy is complete. Some of the debts that are wiped out include medical bills, personal loans, judgments, liens, and credit card debt. When it comes to filing for Chapter 7 Bankruptcy, Chicago debtors can benefit from working with a bankruptcy attorney.

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Questions to Ask Your Social Security Disability Attorney Scottsdale, AZ

No matter the field of law, every attorney will have a slightly different way of running their practice. What works for them as an attorney might not work for you as a client. And even though every case is unique and the answers may vary from person to person, some standard questions can be asked during your initial consultation with your Social Security disability attorney in Scottsdale, AZ.

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