Even though chapter 7 bankruptcy is all about ridding yourself of as much debt as possible, certain situations could call for keeping one or more debts that are attached to certain pieces of property. To find out more about a process known as a reaffirmation, read on.
Why Would Anyone Reaffirm a Loan?
When you list a creditor on your bankruptcy debt matrix, you are essentially tearing up a loan agreement.
- A new nonprofit that is being established to support impoverished individuals can be a great asset to your community. To maintain tax-exempt status and the right to keep your nonprofit open, you will need to follow some legalities that are enforced nationally and regionally. Tax Documents The Internal Revenue Service requires nonprofit owners to file a specific form each year. This tax document is essential in remaining eligible for an annual tax exemption.
- If you are the victim of an accident, it is important that you understand the process of following through with a personal injury case. Slip and fall cases are prominent, but not every case goes to court. This is because the process can feel intimidating for many people. One part of the process involves discovery. Discovery is one of the first steps involved in filing a slip and fall case, but even if you hire an attorney it is important that you understand what this process looks like.
- Being faced with a medical malpractice lawsuit can be a serious situation for a doctor or nurse. Understanding the steps that should be taken to reduce and manage the liabilities that this can pose is an essential step if you want to effectively defend yourself. Act Quickly To Secure Defense Representation When You Are Facing A Malpractice Suit As soon as you realize that legal action is likely to be taken against you, it is important to hire a medical malpractice defense attorney.
- When you get involved in an auto accident, you may sustain injuries whose treatment can be costly. Also, your vehicle may get damaged, which may result in repair or replacement. Therefore, you need an auto accidents lawyer to help you get the much-needed compensation. However, there are some inquiries you should make to know how to handle your case and what to expect. Here are essential questions to ask your auto accident attorney.