A type of bankruptcy called Chapter 7 is intended for people and corporations who are unable to pay their debts. It is also referred to as a “liquidation bankruptcy” since the bankruptcy trustee sells the debtor’s assets to pay off their creditors. The fundamentals of Chapter 7 bankruptcy, including what it is, how it operates,...Read More

The thought of declaring bankruptcy can be intimidating, and many individuals worry that doing so will damage their credit or possibly cause them to lose their assets. However, declaring bankruptcy can have a lot of benefits that can help people get back on their feet and restore control over their finances. We’ll go through a...Read More

Credit card debt is one of the most common factors that contribute to individuals filing for bankruptcy protection. If you are overwhelmed by your credit card bills, filing a Chapter 7 or Chapter 13 may be the solution. In a typical Chapter 7, the majority (if not all) of your credit card debt will be...Read More

If you are considering filing a Chapter 7 or Chapter 13 case, it is essential to understand that there are a few actions you should avoid in order to ensure that your case goes smoothly. Preparing for Bankruptcy Below are a few of the most common mistakes made by debtors that you will want to...Read More

According to Creditcards.com, there are numerous credit card lenders that are using their agreements as authority to seize things you buy with your credit card if you do not pay your bill in full. Typically, credit card debt is unsecured debt, which means that no assets were pledged as collateral to the lender. However, clauses...Read More

Many individuals who are struggling financially consider consolidating their debt by using a credit card balance transfer. This process allows the consumer to move one or more credit card balances to another card that offers a lower interest rate. It is important to investigate whether this type of balance transfer is actually a good deal....Read More

If you are drowning in credit card debt but you want to avoid filing a Chapter 7 or Chapter 13 case, we can help you discover the wide variety of defenses that may be available to you. It is imperative that you contact us as soon as possible because there is a strict deadline for...Read More

If you have filed a personal bankruptcy in the past and you are considering filing another case, it is critical that you obtain the advice and guidance of a seasoned bankruptcy attorney. Consequences for Serial Bankruptcy Filers Serial filers can face severe consequences; including the impact prior bankruptcies have on the automatic stay. If you...Read More