Filing for bankruptcy is rarely a decision that feels “good,” but there are some choices that can make filing for bankruptcy a less stressful experience that will result in the most advantageous result. Filing for bankruptcy requires much more than filling out a simple form and submitting it for approval to a judge. The process […]
Can I Keep Any of My Property During Bankruptcy?
When you file for bankruptcy, does the court take every possession you own to pay your debts? The answer is the court will never take everything you own, but you may lose some of your most valuable possessions and anything that isn’t exempt under bankruptcy law. One of the most-asked questions regarding bankruptcy exemptions is […]
Bankruptcy and Credit Rating
In some cases, it may take years to rebuild your credit fully and reach a point where you can apply for credit cards and receive the lowest rates on interest, as well as enjoy approval for car loans, personal loans, and mortgages. Read on to discover the relationship between filing for bankruptcy and your credit […]
Can You Really Make a Deal with the IRS?
You may have seen or heard the commercials that advise you to call a number to try and make a deal with the Internal Revenue Service (IRS) to pay less than you owe on your taxes, but can you trust those commercials? Is there really an option to “get out of tax debt” like the […]
Bankruptcy or Not? This Decision Can Change Your Life!
Do financial woes have you weighing the options of, bankruptcy or not? The decision to file for chapter 7 or chapter 13 bankruptcy is a big one. You want to take the time to consider your options an evaluate your financial situation and see what changes can be made before you make a final decision […]
Is Bankruptcy Right For Me?
Have you been asking yourself, is bankruptcy right for me? You probably have many questions about the law if you’re thinking about going through a complex legal process, such as filing for Chapter 7 bankruptcy, foreclosure, or if you have Tax or IRS issues. You are not alone. Such legal issues are complicated and many people […]
How Important Is Your Credit Score?
Just how important is credit in today’s economy? It isn’t the sole deciding factor that lenders use to evacuate the risk of lending significant sums to you, but it is high on the list! The reality is that your credit score can determine whether you’ll be eligible for life-changing loans like a mortgage, car loan […]
6 Common Chapter 13 Bankruptcy Questions
Do you have a job but are struggling to meet financial requirements and falling behind day by day? Are you making too much to qualify for Chapter 7 Bankruptcy? Chapter 13 Bankruptcy may be the right option for you to keep your home and assets while paying off your debt in a managable way! Want to […]
What Happens When Both Bankruptcy And Divorce Hit?
Bankruptcy and divorce are two of life’s least thrilling challenges. Yet, the two are often tragically intertwined, as a divorce can create financial turmoil, and bankruptcy can be a trigger for marital strife. If you’re thinking about bankruptcy, or more importantly, if your spouse is thinking about it, it’s a good idea to look further […]
What Not to Do Before Filing for Bankruptcy
Filing for bankruptcy is just the first step in reclaiming your financial well-being, and the simple act of filing isn’t a guarantee that the court will approve the bankruptcy and discharge your debts. Not only is it a good idea to seek guidance and assistance from a lawyer when you file for bankruptcy, but it’s […]
