Social Media Sites and Bankruptcy
Social Media sites have changed more than just the way we socialize. Sites like Facebook and Twitter have recently helped given leads on wanted individuals and have assisted in arrests. Not only have law enforcement turned to social media to help unveil the secret lives of persons of interest, but lawyers are now using the […]
Buying A Home After Filing For Bankruptcy
It’s true, that many individuals believe that once they file for bankruptcy they will never be able to qualify for a home loan again. Individuals also believe that should there be a chance that they could qualify, it would take ten to fifteen years before they could even try. We are about to blow your […]
Chapter 7 Bankruptcy Verses Chapter 13 Bankruptcy
Choosing to file through, and eventually traveling through the process of filing for bankruptcy can be a difficult and emotionally draining job. Although with the professional assistance of an experienced bankruptcy attorney one can make the process a bit easier on one’s stress level. The most common filings for bankruptcy are that of Chapter 7 […]
Top Three Signs You Should Consider Filing For Bankruptcy
Considering the idea that you may have to file for bankruptcy is not an easy topic to contemplate. An individual should never be ashamed of wanting to clean up their financial past and present; ready to do what it takes to move forward. So how do you know when you should consider filing for bankruptcy? […]
Bankruptcy Defined
The laws of bankruptcy have changed over the past ten years. Although, even with the amendments made, bankruptcy is still simply defined as a tool to assist individuals and businesses overwhelmed by debt in having a government-backed solution. This process allows either a business or an individual to regain financial control of their life by […]
The Facts About Debt Collectors
Debt collectors can be harsh, and if you are on the verge of bankruptcy they can be brutally harassing you day in and day out. Did you know that debt collectors have to follow a set of guidelines with respects to the Fair Debt Collection Practices Act? Did you also know that if you file […]
Why Payday Loans Don’t Pay
Even during trying moments, most of us hold onto the dreams and plans we have for living a more comfortable financial life. For too many Americans, however, that hope is growing dimmer. Today, more and more of us are living “paycheck to paycheck”. This means that they rely on each and every paycheck to cover […]
Chapter 13: A Life Raft In a Sea of Debt
A sad fact of today is that more and more households are experiencing financial troubles. Most of us either personally know someone or have ourselves been affected by the recent economic downturn. With state governments running deeply in the red, resulting in further layoffs, furloughs and potential cuts in assistance, these troubles are likely to […]
Basics of Personal Bankruptcy
According to the National Bankruptcy Center, in 2009 1.41 million Americans filed for personal bankruptcy. Job losses and decreased income nationwide fueled the surge in filings, which showed an increase of over 32% from the year before. With more and more people feeling the weight of debt, many are asking if bankruptcy is an option […]
Chapter 11 versus Chapter 13 Bankruptcy
The financial crisis is taking a toll on many Americans. The unemployment rate is higher than it has been in years and many people are finding themselves upside down on their homes. Owing more on your home than it is currently worth is a very difficult situation, especially if you don’t have a job to […]