On behalf of Levitt & Slafkes, P.C. | Oct 9, 2018 | Bankruptcy Law, Business & Commercial Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy Information
Your small business represents the culmination of hard work, innovation, and your hopes for a bright future. Unfortunately, taking this risk to make it on your own can come with hiccups. In fact, many small business owners find themselves struggling with debt as part...
On behalf of Levitt & Slafkes, P.C. | Sep 4, 2018 | Bankruptcy Law, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information
The decision to seek bankruptcy relief is a hard one, but one that comes from a place of necessity and strength. In pursuing bankruptcy protection, it is necessary to enter the process with open eyes and a clear understanding of what is to come. This is a particular...
On behalf of Levitt & Slafkes, P.C. | Jul 10, 2018 | Bankruptcy Law, Chapter 13 Bankruptcy Information, What You Should Know Before Filing Bankruptcy
Debt struggles can be an incredible burden on a person’s mental and emotional well being. The constant stress of a growing pile of unpaid bills, the ever-rising interest penalties, and your inability to make ends meet can result in a desire to turn off the...
On behalf of Levitt & Slafkes, P.C. | Apr 9, 2018 | Bankruptcy Law, Chapter 13 Bankruptcy Information, Chapter 7, Chapter 7, What You Should Know Before Filing Bankruptcy
No matter what you have read online, the decision to pursue bankruptcy proceedings is a deeply personal one and is not a one-size fit all solution for everyone. In fact, bankruptcy proceedings can be complicated and may not turn out the way you hope. This is why it is...
On behalf of Levitt & Slafkes, P.C. | Mar 26, 2018 | Bankruptcy Law, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Chapter 7, What You Should Know Before Filing Bankruptcy
Bankruptcy proceedings are often intense and incredibly complex. For the uninitiated, the terms that attorneys and judges throw around often sound like a different language. Nevertheless, if you are interested in learning more about bankruptcy, it is important to...
On behalf of Levitt & Slafkes, P.C. | Feb 14, 2018 | Bankruptcy Law, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Chapter 7, What Seniors Should Know, What You Should Know Before Filing Bankruptcy
Trying to overcome debt problems is a hard, emotionally draining process. For many, it seems like a hopeless spiral of missed payments, juggling credit cards, selling treasured possessions, harassing calls from creditors, and growing interest penalties. If you find...
On behalf of Levitt & Slafkes, P.C. | Jan 4, 2018 | Bankruptcy Law, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Chapter 7, Essex County Bankruptcy Blog
One of the greatest things we can learn in life is excellent money management skills. Even if you possess such savvy though, life circumstances may arise that cause extreme financial duress beyond your control. This could be due to unemployment and loss of health...
On behalf of Levitt & Slafkes, P.C. | Dec 28, 2017 | Bankruptcy Law, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Chapter 7, Essex County Bankruptcy Blog, What You Should Know Before Filing Bankruptcy
If you have found yourself in serious financial distress, you may feel completely helpless-and very alone-at first. As the calls from debt collectors escalate, bills pile up, and your income is not sufficient to pay them, you may finally seek a final solution in...
On behalf of Levitt & Slafkes, P.C. | Dec 21, 2017 | Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Essex County Bankruptcy Blog
If you are considering filing for bankruptcy, whether Chapter 7 or Chapter 13, you may have countless questions. You are probably concerned about impending sacrifices, whether you must give up all or most of your assets and how long will the entire process will last....
On behalf of Levitt & Slafkes, P.C. | Nov 21, 2017 | Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Essex County Bankruptcy Blog
While many debtors find Chapter 7 bankruptcy to be an attractive choice for filing due to the discharge available in three to six months, if they cannot pass the Means test, they must file for Chapter 13 instead. Known as the income-based bankruptcy, Chapter 13 offers...
