Bankruptcy
Bankruptcy in Seattle and the state of Washington: What you need to know about Washington State and Seattle Bankruptcy Laws: Bankruptcy laws in Seattle and the state of washington are very complicated. If you’re reading this article, you may be intersted in filing bankruptcy without a lawyer. This is possible if you are an individual – you may represent yourself in court. Corporations and LLCs, however, must hire an attorney.
Many of our Seattlw lawyers have extensive experience in helping individuals, families, and corporations in Seattle and throughout the state of Washington obtain the bankruptcy relief to which they are entitled.
If you are in the state of Washington, Some common questions about filing for bankruptcy protection in the state of Washington. Can I keep (or keep paying off) my house and/or car if I file for bankruptcy? Yes. Under CHapter 7 bankruptcy, unless you are several months late in credit payments, you will be able to continue making your payments under Washington bankruptcy law. If you are being foreclosed or in delinquency of your car payment, under Chapter 13 bankruptcy protection, you are able to keep your car as long as your future payments are on time. You may be required to pay extra each month to cover your previous delinquencies. Will I be able to keep any of my property if I file for bankruptcy? Yes. You are allowed property exemptions to protect cetain items of your personal property. If you go over your exemption limit, you may then be advised to file for Chapter 13 bankruptcy. Only in rare cases will you be forced to sell some of your property. What’s the difference between chatper 7 and chapter 13 bankrupcy?
