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March 2015 Archives

Divorce, Bankruptcy & How to Time it Correctly

Thumbnail image for Bky & Divorce pic.jpgIf you are facing divorce and considering filing a Chapter 7 or Chapter 13 case, you may be wondering "when is the best time for me to file my bankruptcy case?" The answer is that it depends on your individual circumstances. Below is some general guidance, but it is important to contact us as soon as possible to discuss your options.

Will I Still have to Pay my Car Loan after Bankruptcy?

Will I Still have to Pay my Car Loan after Bankruptcy.jpgIf you are planning to file for bankruptcy protection, you are probably wondering what will happen to your secured debts, such as your home loan or car loan. A secured debt is created by any loan where you have pledged an asset to the lender as collateral. If you fail to make your payments on a secured loan, the lender is granted the right to seize or foreclose on the collateral.

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