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 2, 2021 | Bankruptcy, FAQ, Financial Problems, General Bankruptcy
Q. Are My Financial Problems Serious Enough That I Should Consider Filing Bankruptcy? A. Possibly. Take this Yes or No quiz to find out. • Do you make just the minimum payments on your credit cards? • Are creditors or collection agencies calling you because you owe...
Nov 2, 2021 | Bankruptcy, FAQ
Q. What Are Common Reasons People File Bankruptcy? A. There are many reasons why someone would file bankruptcy. The most obvious is to eliminate debt. Additional reasons include: • To stop harassing, threatening, or annoying phone calls • To stop wages from being...
Nov 2, 2021 | Bankruptcy, FAQ, General Bankruptcy
Q. Is Bankruptcy Right For Me? A. Possibly. When choosing bankruptcy, there are many sub-options. A lawyer who is familiar with practicing all forms of bankruptcy can help you make the best choice about which option you should choose. For more on this subject and many...
Sep 2, 2021 | Bankruptcy, Chapter 13 Bankruptcy, Declaring Bankruptcy, FAQ, General Bankruptcy
Chapter 13 is not usually the first choice for those who need to file bankruptcy. Chapter 7 is, and as a result the most popular form of bankruptcy. Chapter 7 is the fastest, easiest, and least expensive form of bankruptcy. Chapter 13 if often used by people who for...
Aug 6, 2021 | Bankruptcy, Credit & Credit Scores, FAQ
Many of my clients ask me if they will be able to have credit cards following a bankruptcy. My answer is always “yes.” This week several of our clients who had filed bankruptcy received pre-qualification offers for a Capital One credit card account. The account...
