by Bankruptcy Law | Mar 11, 2021 | Bankruptcy, Chapter 7 Bankruptcy |
We are well into a New Year, and resolutions to get control of finances are often at the top of most resolution lists and in full motion. This is especially true if you are in financial trouble and contemplating bankruptcy. Whether or not bankruptcy is in your future,...
by Bankruptcy Law | Jan 13, 2021 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy |
The choice between a Chapter 7 and Chapter 13 bankruptcy depends on the client’s financial situation, legal obligations and future plans. A Chapter 7 allows for the complete discharge of most debts. The client gets a fresh start. A Chapter 13 requires debts be repaid...
by Bankruptcy Law | Nov 30, 2020 | Bankruptcy, Chapter 7 Bankruptcy |
There is a lot to know before you make a decision about any type of bankruptcy filing. The two most common bankruptcy filings are Chapter 7 and Chapter 13, with Chapter 7 being the option chosen the most.1 The most basic difference between the two types of filings is...
by Bankruptcy Law | Sep 30, 2020 | Bankruptcy, Chapter 7 Bankruptcy |
In a bad economy, personal bankruptcies become commonplace, even amongst people who never thought they could go bankrupt. The COVID-19 era has brought the United States depression-level unemployment, leaving millions of households facing insolvency. If the economic...
by Bankruptcy Law | Jun 17, 2020 | Bankruptcy, Chapter 7 Bankruptcy |
Bankruptcy is a scary word for a lot of people. It can mean the end of financial security or the loss of possessions. It can feel like a lack of control or a failure. But bankruptcy is a way to save your financials and get on the right path to restarting with a blank...
by Bankruptcy Law | Apr 26, 2020 | Bankruptcy, Chapter 7 Bankruptcy, Personal Bankruptcy |
One of your resolution at the start of the year may have been to actually make yourself a personal budget and stick to it. It’s not as easy as it seems, though. Personal budgets sound good in practice and may even seem very easy to start out but they can get blown...
