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April 2019 Archives

Secured and Unsecured Debt and Why it Matters in Bankruptcy

Depositphotos_4823056_s-2015.jpgIf you are in debt and are considering filing bankruptcy, one of the main questions on your mind is likely whether the bankruptcy will discharge (eliminate) your debt. The answer depends heavily on whether your debt is secured or unsecured. Having a basic understanding of how each type of debt is treated in bankruptcy can help you decide whether bankruptcy is right for you and which type of bankruptcy you should file.

QUESTIONS TO ASK A BANKRUPTCY ATTORNEY DURING YOUR INITIAL CONSULTATION

Depositphotos_183442934_s-2015.jpgWhen you're thinking about filing for bankruptcy there are many factors that need to be taken into consideration.  During this difficult time, it's critical that you hire an experienced and knowledgeable bankruptcy attorney to guide you through the process.  At Levitt & Slafkes, P.C. we provide free initial bankruptcy consultations and will answer your questions. So how do you decide who is most qualified, who you can best work with and what you can expect from your bankruptcy attorney?  Here are the top 6 questions which we believe you should ask, and the attorney should answer during your initial consultation.

Don't Let Social Media Ruin Your Bankruptcy Case!

Depositphotos_113485278_s-2015.jpgSocial media sites such as Instagram, Facebook and Twitter keep getting more popular. These sites have impacted many aspects of society, including the practice of law. While social media sites offer people a chance to connect with friends and family across distances, many people share a lot of personal information online.

What are the Tax Consequences of Settling Credit Card Debt?

Depositphotos_40164647_s-2015.jpgIf you are looking for an alternative to filing for bankruptcy protection, you may be considering settling your debt.  In debt settlement, you negotiate with your lender(s) to pay a smaller amount than what is owed as payment in full. While this may seem like the perfect solution to your money troubles, debt settlement does not come without its disadvantages.

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

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