Jillian Hishaw
Missing Your First Chapter 13 Bankruptcy ...

“You Could Lose Protection: When you file for bankruptcy, you get something called an "automatic stay." This stops creditors from trying to collect money from you. If you miss payments, you could lose this protection.

Your Case Might Get Dismissed: In the worst case, the court could throw out your bankruptcy case. This means you'd lose all the benefits of filing for bankruptcy.

Creditors Can Start Collecting Again: If your case gets dismissed, your creditors can start asking for money again. They might even try to take your stuff or garnish your wages.”

Missing Your First Chapter 13 Bankruptcy Payment: What You Need to Know
Jillian Hishaw
What Does 'Surrendering' Your Vehicle Mean in a ...

“Deciding to surrender your car during Chapter 7 bankruptcy is not a decision to be taken lightly. It is essential to weigh the benefits and drawbacks carefully while considering your overall financial situation. Understanding what surrendering your vehicle entails, including the long-term implications for your credit and future transportation needs, is vital for making an informed decision.”

What Does 'Surrendering' Your Vehicle Mean in a Chapter 7?
Jillian Hishaw
Navigating Chapter 7 Bankruptcy in NC: Is Your ...

“In North Carolina, individuals filing for Chapter 7 bankruptcy can protect up to $35,000 of equity in their primary residence. This is due to the state's homestead exemption rule, which does not allow for the choice between state and federal exemptions, unlike some other states.”

Navigating Chapter 7 Bankruptcy in NC: Is Your Home Equity Over $35,000 a Concern?
Jillian Hishaw
If I Default on a SBA Loan, Can Bankruptcy Stop ...

“Bankruptcy can provide relief for individuals and businesses facing insurmountable debt. It is a legal process that allows borrowers to eliminate or repay their debts under the protection of the bankruptcy court. However, it's important to note that bankruptcy does not automatically eliminate administrative liens on your home. The impact of bankruptcy on administrative liens depends on the type of bankruptcy you file.”

If I Default on a SBA Loan, Can Bankruptcy Stop an Administrative Lien on my Home?
Jillian Hishaw
Why Depending on Social Security is Not a Great ...

“One of the major concerns with relying solely on Social Security is the uncertainty surrounding its future. The program faces financial challenges due to an aging population and a decrease in the number of workers supporting the system. While the government has taken steps to address these issues, such as raising the retirement age and increasing payroll taxes, there is still a level of uncertainty regarding the long-term sustainability of Social Security. Depending solely on this program for retirement income may expose individuals to the risk of reduced benefits or potential changes to the program.”

Why Depending on Social Security is Not a Great Retirement Plan

Types of #Bankruptcies

There are six types of bankruptcies:

Chapter 7: Consumer debt i.e. credit card and medical debt

Chapter 9: Municipalities

Chapter 11: Corporation/Enterprises

Chapter 12: Family Farmer/Fisherman

Chapter 13: Individual Debtor with Regular Income i.e. Prevents Foreclosure

Please do not consider this legal advise.  If you need legal representation regardin bankruptcy in Wyoming please contact us at 307.228.0407 or jhishaw@hishawlaw.com

#Fair #Credit #Reporting #Act

The Fair Credit Reporting Act, 6 U.S.C. § 605, is the law that controls credit reporting agencies. The credit bureaus may not report negative information that is more than seven years old, or bankruptcies that are more than 10 years old.

Please do not consider any of these posts legal advise. If you need legal advise please consult us if you reside in Wyoming at 307.228.0407.

“I didn’t know a thing about bankruptcy, I needed to get back on my feet and unfortunately I couldn’t do it by myself. This is where Hishaw Law comes in, she was a Godsend. She walked me through every detail of what I needed to have and what I needed to do to get my bankruptcy started. Any time I had a question, concern, freak out, she was there to help me through it. I never had any doubt that she was doing her job and doing it very well. I would highly recommend Attorney Hishaw for your attorney needs.”

-Kendra, Bankruptcy Client 2018

Did you know?? #Bankruptcy #charlotte #charlottencrealestate #charlottenc #debt #creditcards #medicaldebt #foreclosure #Chapter7 #Chapter13 #garnishment #repossession
If you need to file bankruptcy and you live in Wyoming or Charlotte, NC contact us by phone or email #bankruptcy #Chapter7 #Chapter13 #charlotte #charlottenc #debt #creditcards #medical #medicaldebt #foreclosure #garnishment
There are several types of bankruptcy. The most common is Chapter 7 which gets rid of credit card and medical debt and Chapter 13's which stops the foreclosure of your home. If you need to file bankruptcy give us a call at 1.307.228.0407 if you liv
It's important to know how to continue to build up your credit even after you file bankruptcy. If you need to file bankruptcy give us a call at 1.307.228.0407 if you live in Wyoming or 1.704.218.9883 if you live in the Charlotte, NC area. You can al
All reported assets are taken into account when you file Chapter 7 bankruptcy. If you need to file bankruptcy give us a call at 1.307.228.0407 if you live in Wyoming or 1.704.218.9883 if you live in the Charlotte, NC area. You can also email us at
If your debt is primarily in uour name and you are married, you can file Chapter 7 bankruptcy separate. If you need to file bankruptcy give us a call at 1.307.228.0407 if you live in Wyoming or 1.704.218.9883 if you live in the Charlotte, NC area.
If you are married you can file bankruptcy separately. Give us a call, we can help. There are several types of bankruptcy. The most common is Chapter 7 which gets rid of credit card and medical debt and Chapter 13's which stops the foreclosure of
If you are creditor it's important to file a proof of claim in a timely manner prior to the 341 Meeting of the Creditors. If you need to file bankruptcy give us a call at 1.307.228.0407 if you live in Wyoming or 1.704.218.9883 if you live in the Char