For debtors, deciding what to do with a residential lease is an important part of filing a bankruptcy. For landlords, receiving a notice that a tenant has filed bankruptcy can be unnerving and confusing. Below is more information regarding residential leases in bankruptcies and steps landlords and tenants should consider. How Courts Treat Residential Leases in Virginia Bankruptcies In a …
The Basic Process of a Virginia Chapter 7 Bankruptcy
A Virginia Chapter 7 Bankruptcy can be the road to brighter future. Below is a step-by-step explanation of the basic process of a Virginia Chapter 7 Bankruptcy provided by our Williamsburg Newport News Bankruptcy Attorneys. The Rules The Federal Rules of Bankruptcy Procedure and local rules of the bankruptcy court govern the procedure of a Virginia Chapter 7 Bankruptcy. Newport News …
Parties in a Virginia Chapter 7 Bankruptcy
There are a lot of moving parts in a Virginia Chapter 7 Bankruptcy. Knowing the different players and the common terminology for those parties can help demystify the process. The following is provided by our provided by our Williamsburg Newport News Bankruptcy Attorneys. The Debtor The debtor is the individual filing the petition in a Virginia Chapter 7 Bankruptcy, the person …