Bankruptcy Lawyer | Do I Repay Discharged Debt to Banks?

Bankruptcy Lawyer | Do I Repay Discharged Debt to Banks? Bankruptcy Lawyer | Bankruptcy is set up to allow debtors a reprieve from bills that they are unable to pay. The financial scrutiny they face is intense— every bill, bank account, asset, possession and debt is examined thoroughly. Then, if the courts decided that an [...]

Bankruptcy Lawyer | 7 Big Businesses That Have Filed Bankruptcy

Bankruptcy Lawyer | 7 Big Businesses That Have Filed Bankruptcy Bankruptcy Lawyer | Many people assume that a company’s financial troubles cease once they reach a certain size, but that couldn’t be farther from the truth. Any business can find itself facing a financial burden that isn’t easily or quickly resolved. Here are a few [...]

Bankruptcy Lawyer | Top 10 Bankruptcy Myths

Bankruptcy Lawyer | Top 10 Bankruptcy Myths Bankruptcy Lawyer | If you’re struggling with ballooning debts, you really should take the time to explore all your options for getting your finances back on track. This includes bankruptcy! All too often, people are reluctant to consider bankruptcy due to misinformation about what it is and what [...]

Bankruptcy Lawyer | Tips for Managing Debt

Bankruptcy Lawyer | Tips for Managing Debt Bankruptcy Lawyer | Are you facing an ever-growing debt burden? Don’t panic. So long as you have a dependable income, you can formulate a plan for paying off your debt using some of these 5 vital debt management tips. Make a Budget Obviously, there is no way you [...]

Bankruptcy Attorney: How Chapter 13 Works

Bankruptcy Attorney: How Chapter 13 Works Bankruptcy Attorney: A chapter 13 case begins by filing a petition with the bankruptcy court serving the area where the debtor has a domicile or residence. Unless the court orders otherwise, the debtor must also file with the court: (1) schedules of assets and liabilities; (2) a schedule of current [...]

Everything You Need to Know About a Chapter 7 Bankruptcy (Part 2)

Everything You Need to Know About a Chapter 7 Bankruptcy Reaffirming Debts Chapter 7 Bankruptcy | You can also be approached about “reaffirmation” of debts. This is an agreement between you and the creditor that you’ll pay off your debt and keep the property, such as a car. Time Limits Apply to Reaffirm Bankruptcy reforms changed [...]