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Category: Bankruptcy

22 May, 2020
Reaves & Lee

Personal Bankruptcy Basics

In situations where you cannot pay off debts, are behind on your mortgage payments, or are in danger of a foreclosure, you are probably getting several phone calls by mortgage collectors. If you have tried your best and still...

18 May, 2020
Reaves & Lee

Bankruptcy 101

Personal bankruptcy is a legal action that can eliminate an individual’s legal obligations to pay certain types of debts, such as credit cards and medical bills. Bankruptcy can also stop, at least temporarily, a...

4 May, 2020
Reaves & Lee

A Trustee in a Chapter 7 Bankruptcy

When you file Chapter 7 bankruptcy, you will be assigned a trustee to handle your estate. A trustee is a representative of the United States Department of Justice. The trustee is there to represent your creditors while also...