Bankruptcy Lawyer | Pros and Cons of Debt Consolidation Bankruptcy Lawyer | Whether you are teetering on the edge of bankruptcy or just trying to better manage your finances, you can’t help but notice all the advertisements touting debt consolidation. But is debt consolidation a good option for you? What Is Debt Consolidation? With debt consolidation, you [...]
Bankruptcy Attorney | Private Student Loans in Bankruptcy Bankruptcy Attorney. If you have a private label student loan, it is very difficult, but not impossible, to discharge it (wipe it out) in Chapter 7 or Chapter 13 bankruptcy. To do so, you must bring a separate action in the bankruptcy court and prove that repaying the [...]
Bankruptcy Lawyer | Options to Avoid Car Repossession Bankruptcy Lawyer | If you default on your car loan, the car lender may repossess your vehicle and then go after you for the deficiency. If you want to avoid repossession and/or a deficiency, read on. This articles discusses some options to keep the car, resolve the debt, or protect [...]
Bankruptcy Attorney | Managing High Credit Card Debt Bankruptcy Attorney. If you are having trouble making payment on an unsecured credit card, recent changes in the law and the recession have dramatically improved your ability to negotiate favorable terms with credit card companies. Here are some options, depending on whether you want to keep or [...]
Bankruptcy Attorney | Can I Go to Jail if I Don't Pay My Debt? Bankruptcy Attorney. Debtors’ prisons are a thing of the past. Usually, you cannot go to jail just because you don’t pay your debts or bills. However, there are a few situations when you might face jail time in connection with a debt. You [...]
Bankruptcy Attorney | Debt Trouble? Here are Your Options Bankruptcy Attorney. Are you overwhelmed by debt? After you determine what type of debt you owe and your level of income, you can develop a plan for you financial situation. Here are your options: Do nothing. Generally this is only an option if you are judgment proof, which [...]
Bankruptcy Attorney | What if You Can't Pay Your Debts Bankruptcy Attorney. To choose the best options when you can’t pay your debts, you must first assess your financial situation. Start by doing the following: Determine if your financial difficulty is short or long term Determine whether your property is protected by exemptions Learn about [...]
Bankruptcy Attorney | Should I File Bankruptcy? Bankruptcy Attorney. For many individuals, filing for bankruptcy relief can provide a way out of debt and a fresh financial start. But whether or not a bankruptcy filing is in your best interest depends on many factors and your individual circumstances. Read on to learn more about what to [...]
Bankruptcy Lawyer | Is Bankruptcy The Way to Discharge Student Loans? Bankruptcy Lawyer | Filing for bankruptcy is a monumental decision with long impacting financial consequences. It is not a favorite thing for someone to do. Under Federal law, one has the right to file for bankruptcy in order to get relief from creditors.—This may also [...]
Bankruptcy Lawyer | Is it Possible to Avoid Bankruptcy Bankruptcy Lawyer | People file bankruptcy for many reasons. There is always a combination of personal factors. Divorce, unemployment, shifts within one’s industries, consumer preferences drifting away from brick and mortar retail, cutbacks in funding affecting governmental employees, etc. As a matter of course, with every [...]