A Bankruptcy Petition Won't Permanently Ruin Your Credit Rating If you're struggling to meet financial obligations because you've lost your job, had unanticipated and unreimbursed medical expenses, or any other reason, American bankruptcy law is there to help. You may be reluctant to exercise your rights for fear of permanently damaging your … [Read more...]
Knowing When It’s Time to File for Bankruptcy Protection
March 17, 2020 by Leave a Comment
The Telltale Signs that You Should Contact an Experienced Bankruptcy Lawyer In our first blog this month, we wrote about overcoming the stigmas associated with bankruptcy. Unfortunately, inaccurate preconceptions about bankruptcy result in many people waiting too long to file and making the situation much worse than it needs to be. If you're … [Read more...]
Talking to Friends and Family After You’ve Filed for Bankruptcy Protection
March 11, 2020 by Leave a Comment
Overcoming the Stigma Associated with Bankruptcy For many people who opt for protection under American bankruptcy law, the decision whether to file is less about whether it will help them financially and more about how they will be perceived by friends and family. Though U.S. bankruptcy laws exist to give debtors an opportunity for a fresh start, … [Read more...]
Knowing When to File for Bankruptcy Protection
November 21, 2019 by Leave a Comment
Choosing the Appropriate Time Makes a Big Difference The bankruptcy laws were enacted to give people an opportunity for a fresh start. It can happen to anyone—medical bills pile up, you lose your job or go through a divorce. A Chapter 7 or Chapter 13 petition can help get you on the right track. Unfortunately, we typically see that people wait too … [Read more...]
Can I Keep the Proceeds of a Settlement or Verdict if I Have Filed for Bankruptcy Protection?
December 12, 2017 by Leave a Comment
Often, one of the primary factors that leads people to seek protection through a bankruptcy proceeding is a personal injury. If you've been hurt, you may be unable to work, and unable to meet your financial requirements, leaving you with no other choice but to seek bankruptcy protection. With a Chapter 7 filing, you can permanently discharge some … [Read more...]
Pros and Cons of Filing for Bankruptcy
September 13, 2010 by Leave a Comment
A personal bankruptcy filing can help you get a fresh start, putting an end to the non-stop phone calls, letters and legal actions you face. There are consequences to filing for bankruptcy, though. Before submitting aChapter 7 or Chapter 13 petition, you want to consider all the advantages and disadvantages, so that you make the decision that is … [Read more...]
