On behalf of Levitt & Slafkes, P.C. | Aug 7, 2018 | Life After Bankruptcy
If you have recently obtained a discharge of your debts through bankruptcy, or the finish line to your bankruptcy proceedings is in sight, then you deserve to breathe a sigh of relief. But while you enjoy this new world where a pack of creditors can no longer harass...
On behalf of Levitt & Slafkes, P.C. | Aug 2, 2018 | Life After Bankruptcy
When you find yourself in the terrible position of overwhelming debt, you may feel trapped and paralyzed. You don’t have enough resources to pay off your creditors, you’ve maxed out your credit cards, and you’ve taken on terrible new loans to pay off...
On behalf of Levitt & Slafkes, P.C. | Jul 24, 2018 | Life After Bankruptcy
Obtaining a discharge of debt from a bankruptcy court is designed to relieve the debtor of having to repay those debts. In theory, this should give some peace of mind and reassurance to a debtor that they can move forward with their lives. Unfortunately, some...
On behalf of Levitt & Slafkes, P.C. | Mar 22, 2018 | Life After Bankruptcy
The choice to file for bankruptcy is a difficult one. In short, bankruptcy proceedings are not a pleasant experience and involve a lot of hard work and difficult decisions. However, once you get to that well-earned finish line and obtain a discharge order, you really...
On behalf of Levitt & Slafkes, P.C. | Oct 12, 2017 | Chapter 13, Chapter 7, Life After Bankruptcy
If you are considering bankruptcy or have just filed, you are probably looking forward to exiting a dark time. Financial problems can happen to anyone-but no matter the level of accomplishment or income you may have achieved, people often feel embarrassed when they...
On behalf of Levitt & Slafkes, P.C. | Sep 8, 2017 | Chapter 13, Chapter 7, Life After Bankruptcy
While many still see a stigma attached to the process of filing for bankruptcy, just as many debtors (and some in the public eye) are completely upfront about their financial struggles. You may have friends or family who have filed after extreme financial challenges....
On behalf of Levitt & Slafkes, P.C. | Dec 4, 2015 | Chapter 13, Chapter 7, Life After Bankruptcy, Saving Your Home From Foreclosure
If you have filed a Chapter 7 or Chapter 13 bankruptcy, or you have gone through a foreclosure, you may be wondering how long it will take before you can buy a new home. No two cases are identical, but how you handle your credit after your bankruptcy or foreclosure...
On behalf of Levitt & Slafkes, P.C. | Apr 24, 2015 | Life After Bankruptcy
When you emerge from a personal bankruptcy and the overwhelming burden of your debt has been lifted, you can relax some. However, it is important that you don’t fall into the trap of thinking that your work is done. As soon as possible, you should begin...
On behalf of Levitt & Slafkes, P.C. | Mar 20, 2015 | Life After Bankruptcy
If you are planning to file for bankruptcy protection, you are probably wondering what will happen to your secured debts, such as your home loan or car loan. A secured debt is created by any loan where you have pledged an asset to the lender as collateral. If you fail...
On behalf of Levitt & Slafkes, P.C. | Feb 13, 2015 | Chapter 13, Chapter 7, Life After Bankruptcy
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...