Richard A. Marshack, Esq.: Understanding His Role in Debt Collection
🏛️ Richard A. Marshack, Esq. is a bankruptcy trustee and attorney who oversees legal matters related to debt restructuring, liquidation, and creditor claims. If you’ve been contacted by his office, you need to know how to navigate the situation.
📍 Contact Information for Richard A. Marshack, Esq.
- 📍 Address: 870 Roosevelt, Irvine, CA 92620
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📞 Phone: (949) 333-7777
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🌐 Website
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🔎 BBB Profile: Not available
How a Bankruptcy Trustee Like Richard A. Marshack Operates
💡 What Does a Bankruptcy Trustee Do?
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Oversees bankruptcy cases and ensures fair debt distribution.
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Reviews creditor claims to determine their legitimacy.
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Manages liquidation of assets in Chapter 7 cases.
⚠️ How a Bankruptcy Trustee Can Impact You
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May challenge debt discharge if fraud is suspected.
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Can sell non-exempt assets to repay creditors.
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Oversees payment plans in Chapter 13 cases.
📜 Your Rights When Dealing with a Bankruptcy Trustee
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You can dispute creditor claims that seem inaccurate.
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Exempt assets cannot be seized beyond legal limits.
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You have the right to legal representation in bankruptcy proceedings.
How to Respond If You’re Contacted by a Bankruptcy Trustee
- Know Your Case Status – Determine whether you’re involved in a Chapter 7, 11, or 13 bankruptcy.
- Review Any Claims Against You – Creditors must submit valid proof of debt.
- Understand Asset Protections – Some personal assets may be exempt from liquidation.
📑 Steps to Take If You Disagree with the Trustee’s Actions
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File an objection with the bankruptcy court.
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Gather evidence of errors in asset valuation or creditor claims.
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Consult a bankruptcy attorney for guidance.
How Debt Collection Works During Bankruptcy
🔍 How Creditors Are Paid in Bankruptcy
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Secured debts (like mortgages) get priority over unsecured debts.
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Unsecured creditors may only receive partial payment or nothing at all.
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The court determines final distribution of funds.
📢 What Happens to Your Credit After Bankruptcy?
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Bankruptcy remains on your credit report for up to 10 years.
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You may need to rebuild credit through secured loans.
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Some debts may survive bankruptcy, including tax debts and student loans.
Consumer Rights Law Firm PLLC: Protect Yourself from Debt Harassment
🔴 Are you facing debt collection pressure or bankruptcy issues? Consumer Rights Law Firm PLLC helps consumers handle unfair debt collection tactics and understand their legal options.
⚠️ Bankruptcy and debt collection can be overwhelming, but you have rights. Let’s fight back together. Contact us today.