Recent Blog Posts
5 Top Reasons To Consider Filing for Bankruptcy
If you are struggling with overwhelming debt, one of the options available to you is filing for bankruptcy. However, we understand that the decision to file for bankruptcy may not be easy. Bankruptcy is often associated with negative connotations. For example, some people view bankruptcy filers as financially irresponsible. It is crucial to remember… Read More »
Reasons To Choose Chapter 13 Bankruptcy
After deciding to file for bankruptcy, one of the most crucial things you can do is choose the right type of bankruptcy to file. Choosing between a Chapter 7 and Chapter 13 bankruptcy depends on individual goals and circumstances. If you are considering filing for bankruptcy, you should know that selecting which type of… Read More »
4 Reasons To Choose Chapter 7 Bankruptcy
If you cannot meet your debt obligations, you may benefit from the protections provided by bankruptcy. When it comes to bankruptcy, there are different options. The two main types of consumer bankruptcy in the United States of America are Chapter 7 and Chapter 13. Whether Chapter 7 or Chapter 13 bankruptcy is the right… Read More »
What Is Reaffirmation in Bankruptcy?
When you file for bankruptcy, some or all of your debts are discharged, and you are no longer required to pay them back. Bankruptcy can provide you with an opportunity to start over financially. However, in some cases, you may want to reaffirm a particular debt. Reaffirming a debt means you agree to remain… Read More »
Seeking a Second Opinion if You Are Considering Bankruptcy
Just like patients sometimes seek second medical opinions, seeking a second opinion when dealing with a legal matter can be a wise decision. Legal matters can significantly impact people’s lives. A second legal opinion can make a difference and help prevent negative consequences. As bankruptcy attorneys, it is not rare to receive inquiries from… Read More »
Understanding Debt Counseling
If you are struggling with debt, you may be feeling overwhelmed. If you have a lot of debt or are behind payments, you may be feeling stressed out. If this is your situation, you may want to consider debt counseling/credit counseling. In this article, we will use the term debt counseling. Debt counseling can… Read More »
4 Benefits of Filing for Bankruptcy
If you are feeling overwhelmed with debt, you have several options. For instance, you can negotiate with your creditors and agree on how to repay your debts. Debt consolidation is another option you can consider if you are struggling to repay your debts. With this process, you take out a new loan to pay… Read More »
9 Mistakes To Avoid When Filing for Bankruptcy
Are you contemplating filing for bankruptcy? If you are, it is vital that you do your best to avoid making mistakes many people have made in the past. A qualified bankruptcy attorney can help you avoid making mistakes so you can achieve what you intend to achieve from the bankruptcy process. In this article,… Read More »
Is Chapter 13 Bankruptcy Better for My Credit Than Chapter 7?
Filing for bankruptcy can offer you an opportunity to start over financially. However, the decision to file for bankruptcy is one that you should not take lightly. The fact that you are thinking of doing something about your debts is commendable. But you need to consider certain things before concluding that bankruptcy is the… Read More »
What Will Happen If I Miss A Chapter 13 Plan Payment?
In the U.S., there are two main consumer bankruptcy options; Chapter 7 and Chapter 13 bankruptcy. Some small businesses may also qualify for a Chapter 13 if owned as a sole proprietorship. Depending on the specifics of your case, Chapter 13 bankruptcy, which entails coming up with a repayment plan, might be the ideal… Read More »