5 Situations When Seeking Bankruptcy Lawyer Help Becomes Your Last Resort


Bankruptcy is a difficult and often trying financial situation for anyone to face. It can be overwhelming and confusing, especially when it comes to the legal matters that go along with it. That's why in many cases, seeking out help from a bankruptcy lawyer becomes your last resort. From filing for bankruptcy to finding the best solution for you and your family, having a professional on your side can make all the difference.

9 December 2022

How You Can Help Your Bankruptcy Go As Smoothly As Possible


Are you going to be filing for bankruptcy in the near future? While you may be aware of some of the mistakes that you can make, it's important to know what you can do to help your bankruptcy go smoothly.  Get Health Insurance If you are going to go through bankruptcy, know that health insurance is not something that your bankruptcy trustee can object to. The cost of health insurance is also something that can help lower your disposable income to make your bankruptcy a viable option.

10 May 2022

The Downsides Of Filing For Bankruptcy Without A Lawyer


One of the challenging parts of filing for bankruptcy is coming up with the money you need for it. When you file, you must pay the filing fees and legal fees your lawyer charges. To save money, you might consider filing without a lawyer. While you can legally do this, you might want to think twice about it. You might encounter some downsides by filing yourself, and here are some of them.

23 November 2021

Will Bankruptcy Ruin Your Financial Life?


Among the various financial and legal tools available to Americans, bankruptcy often has one of the most unfairly negative public perceptions. Bankruptcy attorney services exist to help people get their finances under control, but the process is sometimes wrongly seen as ruinous. Ask a bankruptcy attorney about the system, though, and they'll tell you that many people have been able to right their finances with a bit of help from the courts.

30 June 2021

Two Ways Filing Chapter 13 Can Save Your Home


When the threat of foreclosure looms over you like an unholy specter, one way to exorcise it is to file bankruptcy. Chapter 13, specifically, has two tools you can use to fight the bank's attempt to foreclose on your home and make it easier for you to keep it. Here's how filing can help. Get You Caught Up on Past Due Payments The top reason banks foreclose on homeowners is because they fall behind on their mortgage payments.

1 October 2020

Dividing Debt In A Divorce When You Plan To File For Bankruptcy


Money problems are a common reason that many couples today decide to get a divorce. When you and your spouse share significant debt, figuring out whether to file bankruptcy together or not can take some negotiation. If you are interested in filing for bankruptcy but your spouse is not , you will have to divide your debt and go through your divorce process first. You can file bankruptcy before you file for divorce, during a divorce proceeding, or after.

30 September 2019

What Happens If A Bankruptcy Is Dismissed?


Bankruptcy can be a lengthy process, and while it's possible to file for bankruptcy without a bankruptcy attorney, it usually isn't advisable. When a bankruptcy isn't performed properly (or is decided not to be warranted). It can be dismissed. A dismissed bankruptcy can have some consequences for you and may require that you procure legal help. What Is a Bankruptcy Dismissal? A bankruptcy has to be approved by the bankruptcy court to move forward.

14 May 2019

How Not To Panic When It's Time For Your Creditor's Meeting


If you thought the decision to actually file for bankruptcy was tough, you may be in for a surprise when you find out that you must attend something called a creditor's meeting. It's quite natural to be alarmed at the thought of having to personally meet with the representatives of the various credit cards that you included on your bankruptcy, but that is not exactly what this meeting is about. To clear the air about the creditor's meeting, read on—and don't panic.

17 January 2017

How To Avoid Losing Your Home To A Foreclosure


If you have found yourself financially struggling, you will want to make sure that you are doing what you can to save your home if you have fallen behind on the mortgage payments. To help you avoid losing your home to a foreclosure, you may want to consider the following tips. File For Bankruptcy Filing a chapter 13 bankruptcy may allow you to keep your home while you catch up on your late payments on the mortgage, as well as your other debts, through a payment planned that is approved by the courts.

29 June 2016

Four Things Not To Do Before Declaring Bankruptcy


If some unfortunate financial issues have led you to consider filing for bankruptcy, you should understand that your actions prior to filing could impact your ability to have a timely and uneventful chapter 7 filing. If your financial plans include any of the four following transactions, you may need to delay filing for bankruptcy. Read on to learn more about these four things not to do before declaring bankruptcy. 1. Charging Luxury Items

13 January 2016