Frequently Asked Questions | Semmes Law Firm, P.C.

September 28, 2014
Bankruptcy

Does debt settlement work? Shouldn’t I try that before looking at filing bankruptcy?

According to a NACBA Consumer Alert (‘The Debt Settlement Trap: The #1 Treat Facing Deeply Indebted Americans’ October 2012): “Even the industry acknowledges – though ...

September 28, 2014
Bankruptcy

Do I have to list all my debts?

Yes, you must list all of your debts in your bankruptcy, even debts that are non-dischargeable, secured, or that you wish to pay off in ...

September 28, 2014
Bankruptcy

What effect does filing a bankruptcy have on restitution ordered as part of a criminal sentence?

In short, none. If you were ordered to pay restitution as part of a criminal sentence, then you must do so, or face the consequences ...

September 28, 2014
Bankruptcy

Will bankruptcy stop repossession?

Yes, bankruptcy will stop a repossession, but only if it is filed prior to the repossession. Repossession can often occur as soon as a default ...

September 28, 2014
Bankruptcy

Will bankruptcy stop a foreclosure?

Yes, bankruptcy will stop a foreclosure, but only if it is filed prior to the foreclosure sale date. Foreclosures can occur in as little as ...

September 28, 2014
Bankruptcy

Will bankruptcy stop wage garnishments?

Except for on-going child support or alimony, creditors may no longer garnish your wages for debts that you included in your bankruptcy. Once the debt ...

September 28, 2014
Bankruptcy

Having Mortgage Issues?

Is your mortgage company doing something improper? We stand up for our clients. We have successfully litigated lawsuits against Bank of America, Wells Fargo, Chase, ...

September 28, 2014
Bankruptcy

Why should I consider filing a bankruptcy?

STOP: Repossessions Foreclosures Harassing Phone Calls Wage Garnishments Lawsuits Child Support Arrearage Tax Collection If you are unable to make ends meet because of wage ...

September 28, 2014
Bankruptcy

What is bankruptcy?

Bankruptcy laws are federal laws that help people get a fresh start if they are not able to pay their debts, either through selling assets ...

‘Frequently Asked Questions’