Life Happens. You lend your car to someone and they’re at fault in an accident. Your basement floods but the insurance won’t pay. You’re the victim of identity theft. You have to take time off from work to care for a loved one. Bad things can happen to good people.
Unemployment. A distant second. Your company downsizes. Your established business begins to fail. Covert age discrimination forces you out of your job. There are many reasons people become unemployed that have nothing to do with job performance.
When you have been injured in an automobile accident or suffered some other injury due to someone else’s negligence, knowing where to turn for help is critical. Having an experienced, trustworthy personal injury lawyer on your side can ease the emotional stress and uncertainty of these difficult situations while ensuring you receive prompt and complete compensation for your injuries.
Gerry Gray has been serving Delaware for over twenty years. He practices primarily in the area of bankruptcy law, business organization & dissolution, estate planning and civil litigation.
Chapter 7 Bankruptcy is often called "liquidation", although in most cases you are able to keep all of your property. If you are up to date on your car and house payments, you can usually keep those assets as well.
Foreclosure
The foreclosure process in Delaware takes a relatively long time. In many cases it is more than a year between the day you first miss a mortgage payment and the day that your home is put up for auction. Use the time wisely. You should contact an experienced foreclosure defense attorney at the first sign of trouble.