When you have been unfortunate enough to experience serious financial difficulties, it is important for you to understand bankruptcy protection. This can be an excellent option for those that are needing to get a fresh financial start. However, if you have limited experience with bankruptcies, you may benefit from having the following couple of questions answered.
Will A Bankruptcy Help You If Your Creditors Are Threatening Legal Action?
It is an unfortunate reality that your creditors can utilize rather aggressive actions to collect their debts.
When you are charged with a crime, you must submit a plea of innocence or guilt. The plea you select will typically have an impact on your sentencing. For instance, a judge may give you a lighter sentence if you plead guilty and save the prosecutor the trouble of proving the case in court. However, there are several alternative pleas you can make, one of which is called the Alford plea.
Suppose that you "threaten" to blow up a mall, how will the authorities tell whether you were joking or serious? What sets a joker and a terrorist apart? Well, if your neighbor hears you making those threats and reports you to the authorities, then the latter will have to prove the following elements to charge you with terrorism.
Willful and Serious
The threat must be willful, meaning you must have made it under your own volition.
What if you found out that your doctor mocked you while you weren't around to hear it (or were maybe just unconscious on the operating table)? Would you feel emotionally distressed? If the doctor jokingly suggested that you had a venereal disease, would you consider yourself slandered? Does the fact that you weren't supposed to find out what the doctor said make a difference? This is what you should know.
Falling behind on your bills can be an emotionally and financially difficult situation to handle. Fortunately, there is a process where you can seek the help of a bankruptcy court in developing repayment plans with your creditors that will stop their collection efforts. Here is how you can file a Chapter 13 bankruptcy petition to give you time to pay back what you owe based on how much money you are currently making.