When 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.
Social 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.
Unless you have committed fraud, they are dischargeable.
If you are one of the many Americans who struggle with debt, then you intimately understand the emotional strain that comes with ceaseless harassment from debt collectors. Despite your best efforts and hard work, you find yourself unable to keep up with credit card payments, interest, medical bills, your mortgage, or even your utilities. For a lot of people in your situation, bankruptcy is a desirable step to obtaining lasting relief from qualifying debts.
Although we all know that dealing with money and numbers are supposed to be a logical, black and white process, sans emotion, few of us can act that way-whether we have lots of cash, or a dwindling supply. Financial success can lead us to feeling euphoric, while financial woes send us into deep despair. Sometimes our emotions are also what cause us to use poor judgment when spending, investing, or making business decisions.
The goal behind filing for bankruptcy is to pave a new financial path for yourself, free of debt. The stories behind bankruptcy vary, however, and are often the result of unexpected, even catastrophic events. And just because something happens once, unfortunately, does not mean it can't happen again.
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 at work, or you may have found yourself out of a job altogether. Often, there are other accompanying factors too, like divorce, overuse of credit card due to lack of income, and more.
Most people who file for bankruptcy have been struck by an unexpected event that caused severe financial challenge. Illness or injury and medical bills may have eaten right through all your savings and extra income, or unemployment may have stopped you in your tracks. Whatever the case, bankruptcy can act as a powerful financial tool for getting back on track-especially with the help of an experienced attorney from a law firm like Levitt & Slafkes, PC.
Most shoppers enjoy a sense of comfort in knowing that when they go to a retail center they are likely to see some of the stores that have been there since they were kids. Stores such as Radio Shack or Payless ShoeSource are perfect examples. But today, if you are looking for an electronics component or kit, you might be surprised to see that the Radio Shack location you've taken for granted over the years is now closed, and just when you needed it! As the electronics retailer files for bankruptcy a second time this year, you may find yourself turning to Amazon for good-just like so many others. Payless has also recently announced that they are filing for Chapter 11 and shutting nearly 400 stores in the US and Puerto Rico.