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Personal Bankruptcy Archives

Why You Should Not Pay Off That Family Loan Before Filing for Bankruptcy

Thumbnail image for why you should not pay off.jpgIf you have decided to file for bankruptcy, no doubt you are eagerly looking toward a brighter future and new found financial freedom. You probably also have numerous questions and concerns about filing which should be discussed with an experienced bankruptcy attorney from a law firm like Levitt & Slafkes, PC.

What Happens to My Car in a Chapter 7 Bankruptcy?

what happens to car.jpgPeople often wonder how bankruptcy will affect their ability to keep their car. While there can be complications if you are far behind on payments, what happens to your property in bankruptcy will most likely be up to you. It is crucial to work with an experienced attorney from a law firm like Levitt & Slafkes, PC so you are informed and able to make the best choices.

What Happens to My Child Support Obligation in A Bankruptcy Case?

thumbnail - child support.jpgThere are many reasons that millions around the US have filed for bankruptcy. Serious financial woes are generally precipitated by an unexpected life event. A major illness may have led to medical bills piling up, unemployment may have made it impossible to pay the bills, or family issues such as divorce may have led to very challenging circumstances both emotionally and financially.

What Happens to My Child Support Obligation in A Bankruptcy Case?

thumbnail - child support.jpgThere are many reasons that millions around the US have filed for bankruptcy. Serious financial woes are generally precipitated by an unexpected life event. A major illness may have led to medical bills piling up, unemployment may have made it impossible to pay the bills, or family issues such as divorce may have led to very challenging circumstances both emotionally and financially.

Military Service and Bankruptcy

If you are on active military duty, a disabled veteran, or planning to enlist in the armed forces, you may be wondering how your military status may affect your bankruptcy. If you are a member of the armed forces, you have the same right to file for bankruptcy protection as a civilian. In fact, special exemptions apply to military bankruptcies that can help discharge debt that might not otherwise be eligible.

Military Service and Bankruptcy

Military Service and Bankruptcy.jpg If you are on active military duty, a disabled veteran, or planning to enlist in the armed forces, you may be wondering how your military status may affect your bankruptcy. If you are a member of the armed forces, you have the same right to file for bankruptcy protection as a civilian. In fact, special exemptions apply to military bankruptcies that can help discharge debt that might not otherwise be eligible.

How will a bankruptcy affect my children?

How will a bankruptcy affect my children.jpg
If you are the parent of minor children, you may be worried about how declaring bankruptcy may affect their lives. The good news is that for most filers, a bankruptcy does not negatively affect their children. An experienced bankruptcy attorney can help you understand how a bankruptcy might affect your family and help you plan accordingly.

How will a bankruptcy affect my children?

How will a bankruptcy affect my children.jpg
If you are the parent of minor children, you may be worried about how declaring bankruptcy may affect their lives. The good news is that for most filers, a bankruptcy  does not negatively affect their children. An experienced bankruptcy attorney can help you understand how a bankruptcy might affect your family and help you plan accordingly. 

Our bankruptcy attorneys will help you escape debt and
face the future with optimism.

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