Bankruptcy Lawyer | Paying Debt for a Deceased Spouse Bankruptcy Lawyer | Dealing with the loss of a deceased spouse is heartbreaking. The situation can, unfortunately, be made even harder if there is a lot of debt that needs to be resolved. Deceased Spouse and Debt Repayment Dealing with debt after the loss of your [...]
Chapter 7 Bankruptcy | Pulling Payments Back Into an Estate Chapter 7 Bankruptcy | When you file bankruptcy, the court will appoint a bankruptcy trustee. The bankruptcy trustee administers the case from reviewing all of your financial paperwork to liquidating property. The trustee is obligated to try to satisfy as many creditor claims as possible [...]
Bankruptcy Attorney | Holding on to Property During Bankruptcy Bankruptcy Attorney | Facing bankruptcy can make you unsure of a lot of things. Namely, what will happen to your personal property? Because bankruptcy means you are seeking help to get back on strong financial footing, chances are you will need to forfeit some of your [...]
Bankruptcy Lawyer | Struggling with Financial Problems? Bankruptcy Lawyer | A few weeks back, our blog discussed how millennials were given the dubious distinction of being "the least credit savvy when compared to previous generations." We also provided some tips for millennials on how to effectively manage their finances, build credit and avoid accumulating too [...]
Bankruptcy Attorney | What is Chapter 11 Bankruptcy? Bankruptcy Attorney | As more and more businesses struggle to turn a dime as we crawl out of the recession, you have most likely heard the term “Chapter 11 bankruptcy.” Recently the rapper 50 Cent filed for Chapter 11, in addition to A&P and Columbia Records. It’s not [...]
Chapter 13 Bankruptcy | Bankruptcy Lawsuit Over College Tuition Chapter 13 Bankruptcy | As part of an aggressive and growing tactic, bankruptcy trustees are starting to sue universities, and sometimes even the college students themselves, in an effort to take back tuition funds that had been paid years prior. The reason? Trustees feel the money that [...]
Bankruptcy Lawyer | The Foreclosure Crisis is Still Alive (Pt. 2) Bankruptcy Lawyer | If you are falling behind with your house payments and see foreclosure looming, you must act quickly. There are ways to avoid foreclosure, but the longer you wait to take action, the greater the chance of losing your home. Get a Picture of Income [...]
Bankruptcy Attorney | The Foreclosure Crisis is Still Alive (Pt. 1) Bankruptcy Attorney | The foreclosure crisis in the U.S. is still very much alive. Despite the fact that there are fewer homes entering the foreclosure process now, two-thirds of home loans that are currently in some state of the foreclosure process entered that process [...]
Bankruptcy Lawyer | Relativity Media Has Filed Bankruptcy Bankruptcy Lawyer | Entertainment company Relativity Media, the company responsible for “Immortals,” “Act of Valor,” “Oculus” and “Machine Gun Preacher,” has filed for Chapter 11 bankruptcy. The 11-year-old digital-age entertainment company founded by Ryan Kavanaugh often boasted clever financing in addition to data analysis could lead to big box [...]
Medical Bills and Chapter 7 Bankruptcy (Pt. 2) Chapter 7 Bankruptcy | Criteria for Chapter 7 Bankruptcy There are some criteria you will need to meet in order to be able to file for Chapter 7 bankruptcy. 1. Bankruptcy means test This test compares the state’s median monthly family income to your family’s income. You may [...]