Bankruptcy

If you are thinking about filing for protection under Chapter 7 of the Bankruptcy Code (or have already filed), you might wonder what life after Chapter 7 bankruptcy will be like for you. Many people worry that after bankruptcy, they will never again have good credit and they won’t be able to secure new credit, buy a … Read more

Some people who are overwhelmed by debts worry that they might lose all of their property if they file for bankruptcy protection. However, this is a common misconception. The fact is that bankruptcy laws are designed to help people get back on their feet financially, and they allow you to keep a significant portion of … Read more

If you earn a high income but are struggling to repay a substantial amount of unsecured debt, you might believe that your income disqualifies you from filing for bankruptcy. This is a common misconception. Can you make too much money to file for bankruptcy? The answer is generally no. However, the type of bankruptcy you … Read more

If you are having trouble paying your debts, bankruptcy might be a good option for you to consider. Filing for bankruptcy can put an immediate end to the collection actions of creditors, including wage garnishments, creditor lawsuits, annoying phone calls, and others. Depending on the type of bankruptcy that you file, it is possible to … Read more

If you’re struggling under the weight of unmanageable debt, you might wonder, “Am I eligible for bankruptcy?” Most individuals are eligible to file for consumer bankruptcy under either Chapter 7 or Chapter 13 of the Bankruptcy Code. To learn which chapter might be a better choice for you, schedule a consultation with the Law Offices … Read more

Many people hesitate to file for bankruptcy because they worry, “What property will I lose if I file for bankruptcy?” The property you can keep will depend on which type of bankruptcy you file and whether you are located in Arkansas or Oklahoma. Each state has its own list of bankruptcy exemptions for property that cannot be taken from you … Read more

Filing for bankruptcy is a complicated procedure. Because of this, it’s important you do it correctly and invest in the help of bankruptcy attorneys. To help give you direction in filing for bankruptcy, this article is going to provide an overview of the most common types of bankruptcy. Chapter 7 Bankruptcy Chapter 7 Bankruptcy, or … Read more

When bankruptcy is declared, it’s often personal and not a business-related matter. Around 97% of all bankruptcies filed in 2014 were filed under the category of personal bankruptcy, while only the remaining 3% were filed under business bankruptcy. No matter the circumstances, filing bankruptcy can be a difficult process, and more often than not you’ll … Read more

Filing for bankruptcy is a big deal, as you already know. On the one hand, it may be the only option you have. On the other, the consequences of bankruptcy can last for years upon years. Luckily, filing for Chapter 13 bankruptcy instead of Chapter 7 can help mitigate these consequences. Here’s what you should … Read more

Are your bills piling up to the point where you’re considering bankruptcy? If so, you’re not alone. Each year, an estimated 322 per one million American adults file bankruptcy, or roughly one out of 70 households. The causes of bankruptcy are numerous, and every situation is different. If you are experiencing issues with debt, it … Read more