Sep 1, 2016 | Blog, Business Debt, Debt Collection, Declaring Bankruptcy, Financial Problems, General Bankruptcy
How can you tell if your debt is out of control? There are various signs that a person has too much debt. These indicators include the following: You don’t know the balances on your accounts. You have made minimum payments for three or more successive...
Aug 30, 2016 | Blog, Business Debt, Credit & Credit Scores, Creditors & Credit Cards, Declaring Bankruptcy, General Bankruptcy, Student Loans
I attend a lot of seminars and educational programs dealing with bankruptcy and related issues. Usually the information is valuable to my practice and to my clients, but I recently attended a seminar where an attorney stated to the audience that we should never...
Jul 29, 2016 | Blog, Business Debt, Debt Collection, Declaring Bankruptcy, Financial Problems, General Bankruptcy
Men are from Mars. Women are from Venus. But both men and women generally feel bad about carrying debt and not being able to pay it. Most of us are brought up to pay our debts. Our religious or moral code may reinforce this. Above all, people feel embarrassed if...
Feb 26, 2016 | Blog, Business Debt, Chapter 11 Bankruptcy, Farm & Industrial, Financial Problems
The odds are, your small business won’t be around 5 years from now. About half of all the businesses that started this year will close their shutters within 5 years later. Why do all these businesses fail? Both studies and common knowledge suggest many reasons....