Why Credit Counseling Is Required When Filing Bankruptcy

17 August 2017
 Categories: , Blog

If you are thinking of seeking help from a bankruptcy lawyer for debt relief, one thing the lawyer will talk to you about is credit counseling. Everyone that files for bankruptcy must complete two credit counseling courses, and this is required for a reason. Here are several important things to understand about this requirement in bankruptcy. The Timing of the Courses The first thing to understand is that you must follow the timing requirements for these courses when filing for bankruptcy. Read More 

Making Your Debts Stay Away: The Bankruptcy Automatic Stay

5 April 2017
 Categories: , Blog

If you have become increasingly alarmed at the state of your financial situation, you may be considering taking the big step and declaring bankruptcy. It isn't easy dealing with the constant phone calls and letters from debt collectors when you are unable to pay your bills on time, especially after working hard at your job all day. The act of filing for bankruptcy can put an end to debt collection and more with something called the automatic stay. Read More 

Can Bankruptcy Help You Emerge from Delinquent Child Support?

24 May 2016
 Categories: , Articles

Whether you lost your job and couldn't find another position at the same pay level or incurred hefty medical bills that kept you from paying other debts until you'd recovered, you may have fallen behind on your child support obligations over the years. Owing back child support can affect you in a number of ways, from garnishments to tax intercepts, and may even prevent you from being offered certain types of jobs. Read More 

Life after Bankruptcy: Steps to Improve Your Financial Health

17 May 2016
 Categories: , Articles

If you've recently filed for chapter 13 bankruptcy, you know that not all of your debts have gone away. Instead, you've put yourself into a strict debt repayment schedule that will help you settle your debts and get back on your feet once they are gone. However, bankruptcy is an extreme measure, and it leaves you with poor credit and a fresh financial start. How can you start rebuilding your wealth to get back on a healthy financial track? Read More 

Chapter 13 Bankruptcy: Understanding How To Handle And Process A Promissory Note

14 July 2015
 Categories: , Articles

Instead of surrendering all assets for them to be liquefied by a bankruptcy trustee or attorney, many Americans would rather file for chapter 13 bankruptcy – also known as a wage earner's plan. Chapter 13 bankruptcy will enable you to repay all or part of your debts over three to five years under a negotiated repayment plan. This will allow you to keep your assets, protect your home from being foreclosed upon and also repay creditors with the least amount of financial strain. Read More