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Filing for bankruptcy is a major step, and probably not something you ever wanted to do. You may have been in a major accident, or you or a family member may have experienced an extended illness that resulted in insurmountable medical bills. Budgets may have been cut...
If you have decided to file for bankruptcy, most likely you've been under financial duress for months now, or maybe even years. Medical debt is usually the number one reason given for filing bankruptcy, whether in Chapter 7 or Chapter 13. Unemployment comes in as a...
People 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...
The importance of honesty in the bankruptcy process cannot be overstated. As part of the bankruptcy process, a filer must disclose all property, income, and debts. These declarations are made under penalty of perjury that everything contained in the bankruptcy...
If you are facing unmanageable bills and debt, it may be tempting to cash out your retirement savings to pay that debt. Before you do, schedule an appointment with . to discuss the other options you might have. As a result of...
If your small business is struggling with debt, filing for bankruptcy might be a good choice. Small business owners have several options available to help eliminate debt. The best option is to consult an attorney to discuss all the alternatives available based on your...
If you believe your wages or bank account are about to be garnished by a creditor, or you have already received notification that a garnishment has been filed, it is time to consider filing a personal bankruptcy case before you lose money. How does it work? Once you...
you have been struggling financially for a long time now, you may be wondering how you will know when it is time to seek bankruptcy protection. Although no two situations are the same, below are some of the top reasons you should consider filing a Chapter 7 or Chapter...
Once you obtain your discharge order, can you finally breathe a sigh of relief? In the vast majority of the cases, the answer is "yes." However, there is a small area where a creditor or the trustee can seek to have your discharge revoked. This complaint must be based...
One of the biggest concerns people have when considering bankruptcy is whether they will be able to keep their home. The good news is that bankruptcy law offers you several options that permit you to keep your house in both Chapter 7 and Chapter 13 filings. However,...