Jan 17, 2022 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Declaring Bankruptcy, FAQ
There are a number of signs that you should be reviewing your financial situation and considering bankruptcy. They include the following: Your wages or bank accounts are being garnished. Your hard-earned labor is being taken away from you by force. (If this is...
Jan 13, 2022 | Bankruptcy, Divorce & Bankruptcy, Divorce & Bankruptcy, Family issues, FAQ
Let’s start with what debts you cannot discharge. Those would be child support and maintenance. These debts cannot be discharged in any form of bankruptcy. No debts arising from a divorce can be discharged in a Chapter 7. So if you are planning on discharging some of...
Jan 11, 2022 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, FAQ, Financial Problems, General Bankruptcy
Probably not. We want our clients to be able to earn as much as possible, and part of our job is to make sure that any income they have is protected. The amount of income debtors have can affect their case, depending on the chapter they are filing under and their...
Dec 9, 2021 | Bankruptcy, Chapter 13 Bankruptcy, FAQ, Financial Problems
The majority of people who file Chapter 13 cases do not complete their plans and get a discharge of debt. These plans last three to five years and a lot can happen to people over that span of time. Loss of jobs or income, whether by death, disability, or illness, can...
Nov 15, 2021 | Bankruptcy, Business Debt
Clients are usually very concerned about what the filing of a bankruptcy will do to them in terms of publicity. For individuals, this concern is usually about having friends, neighbors, and relatives learning of their financial difficulties. But for businesses this...
