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Bankruptcy in Maine

The bankruptcy laws changed in October 2005. These laws makes it harder for a very low-income person to find a lawyer to help with a bankruptcy case. We have posted this information to help you figure out what to do. First: Assess Your Financial Situation First, you need to decide whether it really makes sense for you to go through the time and expense of filing for bankruptcy. And this is not always an easy question to a more...

Bankruptcy: Is It the Right Choice for You?

This is to help you to understand some basics about the bankruptcy laws and rules. This may help you to make a more informed decision about whether filing for bankruptcy makes sense for you. We assume that you are a low-income client who may not be able to afford a lawyer. more...

Filing for Chapter 7 Bankruptcy in Maine: Frequently Asked Questions

What property can I keep? How does filing for bankruptcy protect me from creditors? What happens at the ''meeting of creditors''? How are my debts resolved? What happens to my property that has a lien or mortgage on it? What debts are not discharged in bankru more...

Filing for Chapter 7 Bankruptcy in Maine: Getting Started

Important Cautionary Notes Step One: Credit Counselling Step Two: Fill out the Court Forms Step Three: File all Required Forms and Documents Step Four: Send Tax Return and Wage Information to the Trustee Step Five: First Meeting of Creditors Step Six: Financial Ma more...

Setting Priorities for Paying Your Debts When You Can’t Pay All Your Bills

You can't pay all of your bills? How to you decide which ones to pay? The Maine Volunteer Lawyers Project provides this helpful guide. more...

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