If you are buying a piece of property in Washington, a real estate attorney may provide you with invaluable assistance both before you make an offer and throughout the closing process. While you may already have a real estate agent, a real estate attorney can provide you with assistance and advice that your real estate agent cannot. One area in…
Commonly known as the “wage earner’s plan,” Chapter 13 offers debtors several advantages over other bankruptcy chapters ― primarily by allowing them to retain possession of high-value assets. This type of bankruptcy filing provides debtors earning a steady income with the opportunity to develop a total or partial debt repayment plan via installments spread out over a three- to five-year…
The means test is a formula established by federal bankruptcy law meant to evaluate whether or not a debtor is able to pay his or her outstanding debts. The means test requires debtors who are contemplating filing for bankruptcy to calculate their average monthly income from all sources in the six months prior to the intended bankruptcy petition filing date.…
Many people are concerned that if they file for bankruptcy, they will lose everything. That is not the case. DC Law Group aggressively advocates for your right to keep the things you need to make a fresh start after bankruptcy. Chapter 13 and Chapter 7 are the most common forms of bankruptcy. Secured and unsecured debts are treated differently under…
When you are buying your first home, you likely have a lot of questions about what is involved in the process and about what you will need to do. In the vast majority of cases, the best way to get some of your key questions answered is by a Seattle Real Estate Attorney . Many first time buyers question whether…
A common concern of clients when deciding whether or not to file for bankruptcy is the effect this type of legal proceeding will have on their credit rating and their ability to obtain loans, home mortgages, credit cards, and other forms of credit. A bankruptcy may remain on your credit record for a period of up to 10 years from…
Having a car is a necessity in this day and age, but unfortunately cars can sometimes be very expensive and you will almost always need to take out a car loan to buy yourself a vehicle. Cars also lose value quickly, meaning that you may find yourself owing more on your car than what the vehicle is worth, or unable…