When filing for bankruptcy people are often confused about which funds and assets could become available for debt satisfaction. Most debtors find that very little, if any, are at risk for liquidation. In fact, there are numerous bankruptcy exemption laws that protect certain funds and assets completely in the process. One example is veterans benefits.  … Read more

Although no one wants to end up in bankruptcy protection there are instances in which filing becomes inevitable, even for the second or more time. Bankruptcy laws do allow debtors to file for bankruptcy multiple times, but there are some strict guidelines that dictate when and how the second or more filing can happen. The  … Read more

It is no secret that the bankruptcy process is packed full of very specific rules and guidelines. The detailed nature of the process can lead to mistakes that could jeopardize the outcome of the case. One example is engaging in certain actions that could be considered suspicious or even fraudulent in the eyes of the  … Read more

The bankruptcy process is not the easiest to navigate alone, which is why having a bankruptcy lawyer assist you can be extremely beneficial. Besides knowing the ins and outs of bankruptcy, they also act as your representative and mediate any interactions with creditors on your behalf. While having a lawyer can significantly improve your chances  … Read more

If your debts have become overwhelming and you can’t get a hold of financial stability, filing for bankruptcy can be one way to get you back on track. Although the process can be tedious, knowing what to do before filing can help maximize your chances at a successful outcome. The Know How There are a  … Read more

When filing for bankruptcy there are many things that need to be considered in order to get the most out of the case. Although some property and funds are exempt from liquidation in bankruptcy, there are some that may not be protected. One example is inheritance money. How these funds are handled depends on the  … Read more

The bankruptcy process is not something people jump into. In fact, the decision to file for bankruptcy is one that is often a last resort for many people. While the process is extremely valuable for many people, there are some issues to consider before entering the process. Qualifications When filing for personal bankruptcy you must  … Read more

Filing for bankruptcy is not a process that was intended to be difficult, but it does have very specific guidelines that must be followed. There are times that people unknowingly come into contact with some of the “don’ts” associated with the process, leaving the fate of their case in jeopardy. Watch Your Step The bankruptcy  … Read more

The decision to file bankruptcy is not an easy one, especially when married or separated from a spouse. Money troubles in marriage can be complicated enough, but filing for bankruptcy doesn’t have to be. The key is knowing what your options are and which option may be suit your financial situation. Dissolving Debts Filing for  … Read more

The job market is tough and many people are finding themselves unemployed after many years of loyal service to their employers. Finances become tight, bills pile up and savings accounts dwindle. While securing employment is at the top of the list of priorities, there are cases in which this isn’t possible or the employment isn’t  … Read more