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August 2019 Archives

What can I keep when filing for Chapter 7 bankruptcy?

Filing for Chapter 7 bankruptcy means that you are willing to repay as much of your debts as possible through the process of liquidation. Chapter 7 bankruptcy has many advantages. For example, the process is extremely quick in comparison to other bankruptcy filings. In addition, the majority of Chapter 7 bankruptcy filings involve a debt discharge upon the completion of liquidation. However, many prospective filers are concerned about losing the majority of their possessions in the process.

How to deal with collection agency harassment

Dealing with debts can be stressful enough without having to be subject to creditor harassment. This is why there are many regulations in place to control the way that creditors can communicate with debtors. If you are feeling overwhelmed by the actions of your creditors, you should make sure that you assert your rights and put a stop to this behavior.

Can debt relief improve my mental functioning?

Being in significant debt can feel debilitating. Many people who are struggling financially may feel that they are in a vicious cycle because their expenses amount to more than the income that they can earn. Many people in this situation decide to ignore the problem and instead keep using credit cards. Unfortunately, they always have to face up to the debt that they acquired eventually.

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Law Office of Ruth Nelson
7742 14th Avenue NW
Seattle, WA 98117
Phone: 206-633-2517
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