Sep 21, 2016 | Blog, Credit & Credit Scores, Creditors & Credit Cards, Declaring Bankruptcy, Financial Problems, General Bankruptcy
We don’t talk about things that make us feel uncomfortable, and many people are very uncomfortable talking about their financial problems. Often, people with such problems will hide all evidence of financial distress. Some people do this with a misguided sense of...
Sep 21, 2016 | Blog, Debt Collection, Declaring Bankruptcy, Financial Problems, General Bankruptcy
Yes. The court will mail a notice to all creditors. That notice will show the names of the debtor(s), the filing date, and the date set for the Meeting of Creditors. It will also show the deadline by which any creditor may file a request to have the discharge...
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...
Aug 16, 2016 | Blog, Declaring Bankruptcy, Financial Problems, General Bankruptcy
No one answer fits all people or all situations. Like everything else, bankruptcy has both costs and benefits which should be evaluated. Know the effects of a bankruptcy before proceeding. There are, though, some fairly common questions which can help you assess...
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...
