The 341 Meeting of Creditors can be one of the most intimidating aspects of filing for bankruptcy but it doesn’t need to be. Preparing for the meeting and knowing what to expect can put you at ease and ensure everything goes smoothly. What should you do before the meeting to make sure you aren’t caught […]
Life is unpredictable and so is death. Very few people are able to predict when they will die and in many cases, death comes at an unexpected time in life and interferes with whatever happens to be going on. This is sometimes the case with bankruptcy. A person might be in the midst of filing […]
One of the scariest things that can happen when you’re dealing with out-of-control debt is property seizure. Creditors might legally be allowed to take things you own to satisfy debts and when you file for bankruptcy, the bankruptcy trustee might have the authority to seize certain property. What Should You Know about Property Seizure? Seizure […]
When it comes to being self-employed, sometimes it seems the odds are stacked against you. Taxes, insurance, other expenses… the list of frustrations goes on and on. But what about bankruptcy? If you run into financial difficulties while working for yourself is filing for bankruptcy an option? Though every situation is different, most self-employed people […]
Most people know there are limitations on traveling and moving if someone is accused of committing a crime, but what if you file for bankruptcy? Are you allowed to move to another state once you’ve filed for bankruptcy? The simplest answer is “yes, you can move after filing for bankruptcy,” and many people actually do […]
If you’re thinking about borrowing money to pay for college or your child is thinking about college and you know a loan is your only option for paying tuition, you aren’t alone. More than half of all college students are using loans to pay for their tuition. And while there are many loan programs that […]
One of the most common questions bankruptcy lawyers get from clients is whether or not they should keep making payments toward their debts. Unfortunately, there is a great deal of misleading information out there about how to deal with overwhelming debt. Some debt management companies encourage clients to stop making payments when they consolidate debts, […]
Having a debt be turned over to collections is not the end of the world. Even those who are careful with their finances can have a debt end up in collections. It’s hard to predict the future and emergencies arise that affect your finances. For instance, you might have a medical emergency or lose your […]
Bankruptcy is viewed as a solution to serious money challenges. It offers a brand new start and helps you get back on your feet after a tough time. But what if bankruptcy doesn’t solve all of your problems? What if you’ve filed and after several months or years you find yourself in another serious financial […]
The idea of bankruptcy might be intimidating, but filing can actually help you in a variety of ways. One of the biggest benefits of bankruptcy is the protection it provides regarding your assets. You can use bankruptcy to protect things of value you own that you might otherwise lose if your financial woes continue. A […]
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