Personal Bankruptcy

The primary goal of a Chapter 13 bankruptcy is to consolidate your debts and set up a manageable monthly payment. The plan is developed by undertaking an in-depth analysis of your current income, your current monthly expenditures, and your current debts. Chapter 13 bankruptcies are also often referred to as a “debt consolidation”, or the [...]

Filing for bankruptcy can stop car repossession in Arizona and may even allow the filer to re obtain his car. The Chapter 13 Bankruptcy can stop repossession. If your car has been repossessed by a creditor and not sold by him when you have filed for Chapter 13 Bankruptcy, then the court can order the [...]

Effects of having credit card debt
Difficulty in starting business: Having a credit card debt causes difficulty for a person When he approaches the bank for loans to start a new business. Any bank would not sanction the necessary loan amount and hence limits the amount after knowing the persons bad credit history.
You lose employment: Some [...]

Foreclosure in Nevada?
How, Whys, and Defense?
By
Malik W. Ahmad Attorney at Law
[Malik Ahmad is a licensed attorney and admitted to practice to the Supreme Court of Nevada. Malik Ahmad is a solo practitioner and has his own law office in Las Vegas Nevada. Malik Ahmad is admitted to practice in all the courts in State of [...]

How to Write An Economic Hardship Letter?

By Malik Ahmad, Attorney at Law

(No copy rights reserved: Use it extensively with your own revision at your own risk, just send me an email of acknowledgement. No legal advice is meant and provided here]

[Malik Ahmad is a Las Vegas Attorney having his own law office. [...]

What Is Bankruptcy?
Federal bankruptcy law (Title 11 of the United States Code, otherwise called the “Bankruptcy Code”) was enacted to allow the honest debtor, who is unable to meet his/her financial obligations, to obtain a fresh financial start or to reorganize his/her financial affairs. Bankruptcy law accomplishes this goal by providing debtors with a [...]