Bankruptcy Attorney Fees and Payment Plans
If you’re thinking about hiring a bankruptcy attorney, you may be wondering how much their services will cost, how you can pay them, and how they can help out in your financial and debt situations. The good news is that hiring and working with a bankruptcy attorney is one of the most affordable and simple […]
With Bankruptcy, Sooner is better
Filing for bankruptcy can be intimidating, especially for people who have always been financially secure. There are quite a few reasons why people put off filing for bankruptcy; denial, embarrassment or maybe they consider bankruptcy a final option. Waiting, however, can cause more stress and more financial strain on you and your family. While bankruptcy […]
Personal Bankruptcy for Small Business Owners
The economy has been hard on all of us; small and large businesses alike have felt the effects. Most often, the news focuses on corporate bankruptcies and large company debts, when small businesses are struggling as well. So what happens to a small business when the owner is facing personal bankruptcy? Do they have to […]
The different types of bankruptcy explained
There are four types of bankruptcy: chapter 7, 11, 12, and 13. They are named depending on their chapters in the United States Bankruptcy code. The types differ based on the debtor, the debtor’s income, and the methods used in repaying the debts. Chapter 7 and 13 bankruptcy are for individuals seeking to settle their […]
Explaining Your Bankruptcy
Hard times fall on many people, especially in a recession or bad economy. Filing for bankruptcy has been the saving grace for many of these financially frustrated individuals. While filing for bankruptcy can be a huge relief to those in debt, many people feel they don’t know how to explain their bankruptcy to family, creditors […]
How are Attorney’s Fees Handled in Bankruptcy?
With the state of the economy it seems that everyone is either looking for work, or is not currently even making enough money to be able to pay all of the bills and expenses that are required for everyday living. It is important that during financially tough situations you have a good support system. It […]