Glossary of Common Bankruptcy Terms - Bankruptcy Terms You Need to Know
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I was very pleased with the service and will be using your law firm for filing my bankruptcy.
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My husband and I were very nervous about coming in to discuss our options regarding bankruptcy. We felt overwhelmed about our current situation! But when we arrived for our first consultation we were greeted by a wonderful and caring office employee! Also, the attorney Mr. Higginbotham was so helpful and gave us valuable information regarding our situation. We left the office feeling hopeful and with piece of mind about our future. We would recommend this firm absolutely!
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Retirees cancel $100K in unsecured debts, cancel judgments Seniors discharge $100,000 in debt, cancel two judgments; get fresh start with a Houston chapter 7 bankruptcy
Judgment lien against Sugar Land, Texas homestead avoided; client can sell in future without problems $22,000 Judgment lien on Sugar Land, Texas home avoided; debtor can now sell the home without hassle
$26,700 SUV balance, redeemed for $12,000 in chapter 7 bankruptcy $25,000+ SUV redeemed for $12,000 value in Sec. 722 redemption per chapter 7 of the Bankruptcy Code
If you are considering bankruptcy or are in a bankruptcy now, the terms used can be very difficult to understand. This glossary gives the definitions of many common bankruptcy terms, to help you better understand bankruptcy and how it works.