The Things You Want to Know When Considering Bankruptcy You're struggling pay your bills because you've lost your job or your hours have been cut back to nothing. You can't see anyway things are going to improve in the near future, so you've given … [Read more...]
How Does a Chapter 7 Bankruptcy Petition Affect the Obligation to Pay Your Bills?
Can You Use the Automatic Stay to Avoid Paying Any Financial Obligations? When you file for protection under the American bankruptcy laws, an automatic stay immediately goes into effect, preventing your creditors from calling, writing or taking any … [Read more...]
Getting the Most Benefit from a Bankruptcy Filing
Taking the Right Steps to Get a Fresh Start When life throws you a curve...you lose your job or suffer an injury or illness...the stress and anxiety that come with struggling to meet your financial obligations can be exhausting, just making things … [Read more...]
Paying the Costs of a Bankruptcy Filing
What Are the Out-of-Pocket Costs? How Do You Pay Them? When you lose your job or have substantial uninsured medical expenses, and bankruptcy seems like the only way to get a fresh start, the last thing you want to think about is another expense. But … [Read more...]
Chapter 7 or Chapter 13?
How to Determine Which Type of Bankruptcy Petition to File If you’re like many Americans, struggling with the loss of employment as a result of the pandemic, you may be considering filing for bankruptcy. If you’ve never done so before, you may be … [Read more...]
The Automatic Stay in Bankruptcy
What Is It? What Does It Protect You From? Can You Lose It? While a personal bankruptcy filing can allow you to permanently discharge certain debts (under Chapter 7) or restructure existing obligations to make them more affordable (under Chapter … [Read more...]
Myths Surrounding a Personal Bankruptcy Filing
Dispelling Common Misperceptions If you've been hit hard by the pandemic—you've lost your job or your family business has collapsed—you may be considering personal bankruptcy in order to get a fresh start. If you've never considered bankruptcy … [Read more...]
Filing for Bankruptcy Protection—How Long Should You Wait?
Is It Better to File Right Away or Try Other Options? If you're struggling to make mortgage or rent payments because of the economic downturn caused by the coronavirus, you're not alone. According to a recent report in The Washington Post, more than … [Read more...]
Can Bankruptcy Improve Your Chances of Getting Credit?
How Filing for Bankruptcy Can Make You a Better Credit Risk If you've suffered significant financial setbacks during the pandemic, or as the result of uncovered medical expenses, you may be reluctant to seek bankruptcy protection out of concern that … [Read more...]
Factors to Consider When Contemplating Bankruptcy
Making the Right Decision about Filing for Bankruptcy Protection When you're struggling to make ends meet, whether you've lost your job, incurred substantial medical bills or gone through a divorce, the relief available through a personal bankruptcy … [Read more...]
