Small business owners put their heart and soul into starting and maintaining their small businesses. The COVID-19 pandemic has had a significant and unfortunate impact on many small businesses. If your small business is struggling with debt, filing for bankruptcy...
In today’s economy, renting an apartment or home is quite common. Nearly 40% of people in the United States are renters, and many of them are facing financial hardship. If you have lost your job or are experiencing other financial difficulties you may find yourself...
One of the most common questions debtors ask before filing for bankruptcy is whether they should stop paying their bills or other expenses. After all, if you are already struggling to make ends meet and anticipate having your debts discharged, it may seem like a waste...
No matter who you are, getting a call from a debt collector can be a daunting experience. Just because you owe a debt, however, does not always mean that you are legally obligated to pay it. Under the law, creditors have a window of opportunity to file a lawsuit to...
Given the current economic climate, many Americans are forced to consider what happens when you declare bankruptcy. Whether a job loss, illness, divorce, or another unexpected turn of events has you looking at bankruptcy, here's your guide to understanding the...
The CARES Act, passed by Congress in response to COVID-19, eliminated the penalty for early withdrawal of retirement funds. This was done to provide a source of assets for those struggling to pay their bills. The extra $600 weekly federal unemployment supplement that...
Bankruptcy does not end when you walk out of a courtroom. It follows you around for years. And not just as part of your credit score report. Learning to deal with the aftermath of your bankruptcy is as important as the legal process. Besides the obvious financial...
You Can File Bankruptcy Individually Even if Married It is a common misconception that both spouses must file bankruptcy together. Married couples can choose whether to file for bankruptcy together or individually. If, however, both spouses want to file for...
Many clients ask us if they can keep money that they get from a personal injury they suffered if they file bankruptcy. This blog will explain what a personal injury claim is, when it must be disclosed and how much money you can keep if you file bankruptcy. When a...
It is important to properly value your home in both a Chapter 7 and Chapter 13 bankruptcy. This blog will discuss why a proper valuation is important and the types of available valuations. Why is it Important to Get a Proper Home Valuation? There are many reasons it...