is bankruptcy the right move for you?is bankruptcy the right move for you?

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is bankruptcy the right move for you?

Are you in financial trouble? Do you know what your options are for getting yourself out of that financial trouble? Unfortunately, it doesn't take a whole lot to mess up the financial stability in a household, but it can take a lot of work and decision making to resolve it. Have you considered filing for bankruptcy? This was one step that I never imagined I would have to take, but have recently had to go through the process due to an illness that prevented me from working for several months. If you are considering bankruptcy, take a moment and visit my website, where you will find a plethora of information that can help you.

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4 Times When A Widow Or Widower May Need To Declare Bankruptcy

3 January 2023
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The loss of a spouse is a heart-wrenching time. Unfortunately for some widows and widowers, financial challenges must be dealt with even as they grieve.  Could your financial recovery from the loss of your spouse include bankruptcy? The answer may be yes. If you find yourself in these situations, you may benefit greatly from declaring personal bankruptcy even though it's difficult.  Your Name Is on a Debt The good news for surviving spouses is that you're not generally obligated to pay your partner's individual debts just because you were married. Read More 

Which Lawsuits Will Bankruptcy Stop?

3 January 2023
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Bankruptcy protection is an important safety net for all Americans. And one of its less-understood— but vital — features is the automatic stay. If you are facing a lawsuit at the same time you begin the bankruptcy process, will this stay protect you against that lawsuit? Here's what you need to know. What Lawsuits Does the Stay Affect? The automatic, temporary stay comes with all chapters of bankruptcy and generally stops further collections efforts. Read More 

3 Reasons Hiring A Bankruptcy Attorney Is In Your Financial Interest

3 June 2022
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If you are struggling to overcome a large amount of debt, you may think that spending more money on things like hiring a bankruptcy attorney is a bad idea. This belief is quite common and very understandable. After all, spending money you didn't have is how you ended up in debt in the first place. With that being said, you should know that the services of a bankruptcy attorney are the exception to the rule in this situation. Read More 

Understanding Chapter 7 Bankruptcy Law

7 December 2021
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Did you recently lose your job, and your income is barely enough to meet your debts? Before hiring a Chapter 7 bankruptcy lawyer to help, it is important to understand the law as much as possible.  What Is Chapter 7 Bankruptcy? Chapter 7 bankruptcy law, commonly referred to as liquidation bankruptcy, helps debtors unable to meet their debt obligations. It works by discharging unsecured debts like personal loans.  Filing for Chapter 7 is easy and effective, especially with the help of a bankruptcy lawyer. Read More 

Special Considerations For Seniors Facing Bankruptcy

14 July 2021
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As our lifespan widens, so does the need for expensive medical care. When you add to that the rising costs of utilities, housing, and food, you get a group of people who might need some debt relief in their golden years. Read and learn more. Rising Unsecured Debt Loads Chapter 7 may be known as the fastest and most efficient way to make a fresh financial start for good reasons. Credit cards, medical, personal, and signature loans can all be classified as unsecured debts. Read More