When you are considering filing a Chapter 7 or Chapter 13 case, there are several legal terms that you will hear and it is important to understand what they mean. Two of the most important terms to familiarize yourself with are “discharge” and “dismissal.” Bankruptcy Discharge One of the main goals of filing a personal...Read More

When you hold a professional license, it is a significant asset and you want to do everything you can to protect it. Whether you are a doctor, lawyer, realtor, CPA, or some other type of professional, your license is essential to your livelihood. When you file a personal bankruptcy, it is important to understand that...Read More

When you are struggling to make ends meet and you are hoping to obtain debt relief, you are probably concerned with how much filing a Chapter 7 or Chapter 13 case will cost you. Financial struggles can be nerve-wracking and trying to come up with money to pay an attorney and bankruptcy cost can feel...Read More

You have probably heard that it is impossible to discharge your student loans in a bankruptcy filing. This is not true – it is difficult, but not impossible. Pursuant to Section 523(a)(8) of the Bankruptcy Code, student loans will not be discharged unless repaying them constitutes an “undue hardship” on the debtor or the dependents...Read More

One of the primary concerns debtors have when they file a Chapter 7 or Chapter 13 case is what will happen to their home. Bankruptcy law provides a debtor with a variety of exemptions which remove certain assets from being included in the bankruptcy estate. Your home typically falls within the exemptions and filing a...Read More

Most consumers owe more on their car loan than their vehicle is worth. If you are also overwhelmed by other debt and you have a regular source of income, it may be time to consider filing a Chapter 13 bankruptcy. Chapter 13 Bankruptcy and the “Cram down” Process When an individual files a Chapter 13,...Read More

Hopefully you have read our blog titled “How Chapter 7 is Better than Chapter 13,” to learn more about the advantages of a Chapter 7 filing. This blog will focus on the many benefits of a Chapter 13 bankruptcy case. Debt Consolidation in Chapter 13 Bankruptcy A Chapter 13 filing is a reorganization process which...Read More

Many people come to our office seeking debt relief, but they don’t know where to begin. There are pros and cons to both Chapter 7 and Chapter 13 bankruptcy filings, so it is important to understand them. Be sure to read our next blog titled “How Chapter 13 is Better than Chapter 7.” This blog...Read More

Many debtors are concerned with how their Chapter 7 or Chapter 13 filing will impact their job. It is important to understand that the law prevents your employer from firing you solely because you filed a personal bankruptcy case. You may also be concerned with whether or not your employer will find out about your...Read More

If you are considering filing a personal bankruptcy, there are many factors that should be considered. The more time and planning you put into your filing, the greater your chance of success. One factor many people do not consider is whether they will be receiving an inheritance in the near future. If an inheritance is...Read More