Ways to Avoid the Loss of Family Heirlooms or Similar Items You have a necklace or a brooch that belonged to your grandmother. It's worth a lot of money, but you would never sell it because of the sentimental value. Maybe you have a rare book collection that you've built over decades. You're struggling to meet your financial obligations, but you … [Read more...]
Filing for Bankruptcy After the Holidays
November 27, 2024 by
Is There Any Benefit to Waiting Until the Holidays Are Over to File? You've lost your job. Maybe you've been hurt or sick, unable to work. There doesn't appear to be any prospect that your financial situation is going to change in the foreseeable future. But it's the holiday season. Do you really want to file for bankruptcy at Christmas? Is there … [Read more...]
Can You Discharge Secured Debt in a Personal Bankruptcy Filing?
October 29, 2024 by
What Happens in Bankruptcy When You Have Collateralized Debt? When you're seeking protection in a personal bankruptcy filing, you'll often have debt that's unsecured, such as credit card arrearages or medical bills, but you may have secured debt as well, including a mortgage or car loan. If you qualify to permanently discharge your debts in a … [Read more...]
