Is liquidation required as part of the process?
Bankruptcy can be a beneficial process when people are facing financial troubles during a difficult time. If you are considering filing for bankruptcy, meet with an attorney to decide on which process is best for you. They can guide you on which bankruptcy process can be more beneficial for you. This can lead you to […]
When does the automatic stay go into effect?
Bankruptcy can be a useful process for individuals that are suffering through tough financial times. It can create some stressful times for these individuals. It may even be more stressful for individuals that have a family to provide for. However, they can have comfort knowing that they can turn to bankruptcy processes to help themselves […]
How much authority does a power of attorney have?
A power of attorney is someone involved in your estate administration and planning process. While planning for your estate, you can name a power of attorney. This individual has as much authority as you wish to give them. They do not have unlimited power over your life. Instead, you can limit their power as much […]
What is the burden of proof in a personal injury case?
Personal injury cases can stem from many accidents. When individuals are harmed, they may want to seek liability on behalf of another party that could be responsible for their accident and subsequent injuries. This can cause them to file a lawsuit against another party. If the party acted negligently, they may be held responsible for […]
What are damages?
When individuals file lawsuits against another party, they have the opportunity to gain damages for this case. These cases can be brought to court where it is presented in front of a judge. A judge can make a decision for the case that best fits that particular situation. Each situation can be vastly different, making […]
Can I seek damages for product liability?
Manufacturing products contains procedures that must be followed thoroughly. If there are mistakes made during this process, it can cause the product to operate improperly. This may cause an injury to consumers. When these products are proven to be defective, they can cause serious accidents. Once these accidents occur, consumers are able to seek legal […]
What is Chapter 11 bankruptcy used for?
When individuals are going through tough financial times, they can turn to bankruptcy to help them during these times. Individuals can file for Chapter 7 or Chapter 13 bankruptcy to work toward fixing their current financial situation. However, when businesses are struggling financially, they need an outlet to turn to as well. Chapter 11 bankruptcy […]
What options do I have for individual bankruptcy?
Bankruptcy can be a scary concept for some people, but it can be very useful in times of financial need. People should not stray away from bankruptcy due to the bad stigma surrounding it. Bankruptcy proceedings can help individuals get back on their feet if they need help financially. As an individual that needs to […]
Can an executor be replaced?
An executor is identified in a will to administer their estate. They are the individual that is in charge of the person’s estate once they die, which gives them responsibilities to carry out in order to make sure everything is taken care of for that person’s estate. If the executor fails to accomplish their activities, […]
How many beneficiaries can be administered an estate?
Estate administration can include many beneficiaries. Wills help to plan for this whole process. These legal documents are important to the estate administration process. They decide what happens to a deceased person’s estate. Before death, the individual will name beneficiaries to inherit their property. They can include the names of beneficiaries in their will. These […]
When does the automatic stay go into effect?
Filing for bankruptcy can be a hard decision to make. People may not want to do so because of the bad stigma surrounding the process. However, it can be beneficial for individuals who are facing a financial crisis. During the bankruptcy process, the automatic stay is a useful tool. This tool bars creditors from contacting […]
Can I defend my house against foreclosure?
Foreclosure can be a scary reality for some people. If they are facing the possibility of having their home foreclosed, they may be unsure of their future. The possibility of losing your home and not having anywhere to house your family is stressful. Shelter is a necessity and a home can become sentimental to families […]