Streamlining Your BankruptcyStreamlining Your Bankruptcy

About Me

Streamlining Your Bankruptcy

I knew that I had hit rock bottom financially when I started making credit card payments with other credit cards. Before I knew it, collectors were contacting me almost hourly, and it started to get really frustrating. I knew that I had to turn things around, which is why I decided to meet with a bankruptcy attorney. My lawyer took the time to listen to my troubles and walk me through the bankruptcy process. He made everything seem much more manageable, which really helped me out. This blog is here to educate other people about how much the right bankruptcy lawyer can help.

Understanding Chapter 13 Bankruptcy And Its Benefits

Filing for bankruptcy can be a difficult decision to make. While it may seem like a last resort for many, sometimes it is the best option to get back on track with your finances. Chapter 13 bankruptcy is a popular choice for individuals with regular income who are in debt but want to keep their assets. This blog post will delve deeper into the benefits of Chapter 13 bankruptcy and how it can help improve your financial situation. Read More 

Should You File For Bankruptcy?

Living with a large amount of debt is overwhelming. You might use every paycheck to pay past-due bills, leaving you unable to pay off all your debts. You might notice your debt balances increasing each month instead of decreasing. In addition, you might dread each time you hear your phone ring. After all, it's likely creditors calling you for your payment. You're not the only one in this position, but you should consider doing something about it. Read More 

Is Filing For Chapter 7 Bankruptcy A Good Choice?

People generally view bankruptcy negatively. And that explains why Americans are often ashamed of filing for bankruptcy. However, bankruptcy can help people with huge debts. So, if you have got no way to pay off your debts, you should consider talking to a Chapter 7 bankruptcy lawyer. Debt Forgiveness According to Chapter 7 bankruptcy law, you can have most of your debts quickly discharged. So, if you have no money to clear your debts, you can file for Chapter 7 bankruptcy. Read More 

Is Bankruptcy Meant To Punish Debtors?

Like many legal remedies, bankruptcy has an unfairly bad reputation. People who've never dealt with the process often assume it is painful and designed to punish them for not being financial wizards. A bankruptcy attorney will tell you something quite different, though. While bankruptcy isn't inherently easy, you can use it as a tool to get your financial world under control. Let's look at how bankruptcy does that and what some of the upsides and downsides may be. Read More 

FAQs About Bankruptcy and Foreclosures

Many people who file for bankruptcy worry about losing their homes. Some are facing foreclosure and wonder how bankruptcy can help. A bankruptcy attorney should be the first person you consult for questions regarding bankruptcy and foreclosures. Here are some questions you should pose to your bankruptcy attorney. What Is an Automatic Stay? With Chapter 7 or 13 bankruptcy, the court issues an order known as an automatic stay. This order directs your creditors to stop their collection activities. Read More