No hard and fast rules apply for determining the real estate lawyer fees. It is very much negotiable and flexible. Much depends upon your requirement. If you want a lawyer to simply check and verify the property titles and ensure a smooth transaction, the rates will be less. If you want a real estate lawyer to resolve an issue where the title is not clear or there are encroachments on the property, the lawyer will charge more.
Chapter 13 Bankruptcy – The Basics
Chapter 13 bankruptcy is also known as “wage earner plan”. It is different from chapter 7 in a sense that it allows the debtor to continue with its existing venture. The bankruptcy court provides an opportunity to the debtor to reorganize their finances while paying off the reduced claims of the creditors simultaneously.
Chapter 7 Bankruptcy Forms
Chapter 7 bankruptcy forms are the most common type of bankruptcy forms. In fact, the concept of bankruptcy that the common man has is defined in chapter 7 and is also known as straight bankruptcy because as per this bankruptcy code, all your assets are liquidated by the trustee, to pay off the debts that you owe to various creditors. The purpose of adding this type of bankruptcy code is to help people with dilapidated financial crisis to have a fresh start in their financial life.