Most people are aware that the bankruptcy process can be tricky to navigate, which is why hiring a bankruptcy attorney can greatly influence the success of a case. In general, there are a three top mistakes people make before filing for bankruptcy than can significantly impact the outcome of their case. Accumulating More Debt One … Read more
Deciding to file for bankruptcy is not a decision that comes easily for most people. In fact, numerous misconceptions and myths have struck fear in the hearts of many, leaving them afraid to seek the protection that bankruptcy has to offer. If you have decided to file for bankruptcy protection, there are a few things … Read more
Many married couples face the dilemma of how to file bankruptcy without bringing the other spouse into the equation. While there are no laws that require a married couple to file bankruptcy together, there are laws that could still impact the other spouse when filing separately. Minimizing The Damage One way to resolve debts in … Read more
Part of the bankruptcy process is meeting with creditors to discuss your financial situation. The 341 Meeting Of Creditors is simply a meeting between you, the creditors, the Trustee and your bankruptcy attorney. Although your creditors maintain the right to appear and ask questions, there is no need to be nervous about the meeting. In … Read more
A question asked by many in this bullying economy. Although bankruptcy is a valuable tool that can help many people resolve their debt troubles, it isn’t for everyone. Being able to recognize where you stand financially and obtain a realistic view of your financial future is the first step to financial freedom. Knowing When It … Read more
Repeated phone calls. Threatening letters. Sleepless nights. Dealing with creditors when you are in debt can be stressful and leave you feeling bullied. They want their money and you want a break from your financial hardships, leaving you on opposite sides of the line. Fortunately, you have several options for dealing with creditors and you … Read more
While many people work hard to avoid the need for bankruptcy, there are cases in which unfortunate life circumstances bring few other options. Bankruptcy can be a valuable tool for those facing financial hardships and unmanageable debt. In some cases, the need for bankruptcy may arise more than once and this is not always due … Read more
When the call of duty strikes, many Americans step up to fight for our country. For many, leaving their jobs and families can create a sense of financial burden that can lead to hardship. As a result, many active service members are forced to seek bankruptcy protection while serving or when they return from duty. … Read more
There are many terms involved in the bankruptcy process that are important to know. Some debtors feel they should leave the technical stuff to their bankruptcy attorney, but one can never be too prepared when it comes to managing their financial future. Getting to know some key terms will help make the process much easier … Read more
There are reasons why some people end up requiring bankruptcy protection after moving to a new city or state. Due to the nature of bankruptcy laws, moving can be a problem when deciding to file for bankruptcy. However, this does not mean that one could not still file for bankruptcy; the question is where they … Read more