Most of our blogs focus on providing advice, tips and general information, so we decided to have a little fun with this blog and discuss some of the fun facts surrounding bankruptcy. How many bankruptcy questions can you answer? Q: Who dubbed the phrase “indubitable equivalence? A: The famous jurist, Judge Learned Hand (See In […]
If you are drowning in debt and planning to get married soon, you should not only discuss your finances with your fiancé, but also with one of our experienced lawyers. We can help you determine the best timing for the filing of your bankruptcy and your marriage. When you file a Chapter 7 or Chapter […]
Being served with a collection lawsuit can be intimidating. While many people are tempted to ignore it because they don’t want to deal with the hassle or they assume they owe the debt anyway so there is nothing they can do. However, failing to respond to the lawsuit can result in the creditor obtaining a […]
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) changed many aspects of the bankruptcy process. One of the new requirements for filing a Chapter 7 or Chapter 13 case is that the debtor must complete a credit counseling course before the petition is filed. Credit counseling courses are offered in person or […]
What happens if your ex-spouse files a bankruptcy case? Will it impact you? The answer is “it depends.” It is important to have one of our bankruptcy lawyers review your individual circumstances to help you understand how you might be affected, but below is some general guidance. As soon as your ex-spouse files his or […]
When you enter into a business venture with another party, it is crucial that you draft and sign a partnership agreement. Many partners enter into business together because they are friends and they don’t think a written contract between them is necessary. However, having an agreement in place can help avoid disputes as well as […]
Many people believe that a contract must be in writing to be enforceable. While it is true that certain agreements are required to be in writing to be enforceable, some oral contracts are valid. How Contracts Work Contracts involving real estate, marriage, performance over multiple years and the sale of goods over $500 are required […]
When you fall behind on your mortgage payments and your lender is threatening foreclosure, you should contact us as soon as possible to discuss your debt relief options. A personal bankruptcy filing is typically an option you should strongly consider. In fact, many Chapter 7 and Chapter 13 cases are filed because homeowners are attempting […]
When you file a personal bankruptcy, you should be prepared to provide all of your financial records to your attorney. This includes copies of your tax returns – both state and federal. Your tax returns are important for the following reasons: Tax returns provide your lawyer with a significant amount of financial information all in […]
If you are considering filing for bankruptcy protection and you receive Social Security benefits, you are probably wondering how your benefits will be impacted. Social Security Benefits In short, the law protects your Social Security benefits and you will not lose them in your Chapter 7 or Chapter 13 case. However, your benefits can have […]
