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Month: May 2022

Chapter 7 Has No Repayment Plan

May 12, 2022

Chapter 7 Has No Repayment Plan

Why is Chapter 7 Called a Straight Bankruptcy?

A Chapter 7 filing is often referred to as a straight bankruptcy because a repayment plan is not required like in a Chapter 13 filing. Some of the debtor’s assets will be exempt from a Chapter 7 proceeding, and some others won’t. Those assets that aren’t exempt will be gathered by the bankruptcy trustee and sold to pay legitimate claimants at least some of the amount that the debtor owes them. In a Chapter 13 proceeding, a plan would be approved by the trustee, and debts or portions of them would be paid bo creditors by the debtor over the course of three to five years.

Chapter 7 Offers Quicker Discharge

A Chapter 7 proceeding should also be quicker than a Chapter 13 proceeding. A debtor in a Chapter 7 proceeding can typically be discharged in bankruptcy in six months, while a … Read More

Understanding the Bail Bond Process

May 8, 2022

Understanding the Bail Bond Process

The bail process is an instrument that the criminal justice system employs to provide defendants with the opportunity to remain free while their cases are pending. There are various types of bail bond that can help defendants obtain their release, for those who qualify.

Not everybody qualifies for Dauphin County bail bonds. Some crimes are deemed too serious to allow the accused to be released. Murder might qualify one for this or shooting rampages in which the shooter is deemed an imminent threat to society. On the other hand, some defendants are able to be released on their own recognizance because the court deems that they do not pose a threat to society and that they will not flee the court’s jurisdiction.

Cash Bond

The cash bond is the most expedient way to get a defendant released from jail. In this scenario, the defendant petitions for bail and the … Read More

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