What Do I Need To Know About Bankruptcy?

If you are thinking about filing for Bankruptcy, you will need professional guidance.  That means you will need a lawyer to help you and guide you through the process.  Like…

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What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is quite a bit different than Chapter 7 bankruptcy.  When people think of bankruptcy, they probably think of Chapter 7.  Chapter 7 is known as “straight” bankruptcy,…

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Answers to Basic Bankruptcy Questions

A decision to file for bankruptcy should be made only after determining that bankruptcy is the best way to deal with your financial problems. What Is Bankruptcy? Bankruptcy is a legal…

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How Do Attorney Fees Work in Chapter 7?

       If you are thinking about filing for Bankruptcy, especially Chapter 7 bankruptcy, how do you pay your lawyer?  Obviously you are experiencing extreme financial difficulties and you…

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Are There Benefits To Filing Bankruptcy?

What are the Benefits of Filing Bankruptcy?            Are there benefits to filing bankruptcy? Most people do not set out to file bankruptcy, but sometimes it is necessary.  If you have…

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How Can I Get Out of Debt?

How Can I Get Out of Debt?   A great method to reduce your debt is to employ the “debt snowball.”  The debt snowball method is an easy to understand…

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Bankruptcy Can Help Senior Citizens Protect Assets

A recent New York Times Article (in a special section on retirement) proclaimed this in its headline.  (the full article can be read here).  The main idea of the article is…

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The Meeting of Creditors

Before you can receive a discharge in Chapter 7 or Chapter 13 bankruptcy, you must be examined under oath by a bankruptcy trustee at a hearing called the meeting of…

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Sometimes it Really Hurts to Wait

It seems that many individuals have pre-conceived notions about bankruptcy law that are incorrect.  I hear it all the time.  People hear things from family, co-workers, and friends.  A lot…

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What is Chapter 7 Bankruptcy?

What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is known as the “fresh start” or “straight” bankruptcy. When you think of bankruptcy, this is probably what you are thinking of. It is the most popular…

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