Considering Bankruptcy? Avoid Making These 3 Mistakes Before You File
22 March 2019
Financial stress can take a lot out of you. Calls from creditors and worries about your financial health and future can create a lot of anxiety, and you may feel desperate to relieve the pressure. Filing for bankruptcy can take some of the weight off of your shoulders. While a bankruptcy filing isn't great for your credit, it can be preferable to drowning in debt and can give you the chance to make a clean start.
Don't Go To Court For Your Personal Injury Case Without Knowing These Four Things
19 January 2017
For those injured in a car wreck that was not their fault, being offered a fair and substantial settlement from the insurance company is the best-case scenario. Sometimes, however, despite the best efforts of your personal injury attorney, you may find yourself in court. While it's certainly true that you can trust your attorney to do an excellent job representing you, you should not take a back seat to the process.
Why Would Anyone Use Chapter 13 Bankruptcy Instead Of Chapter 7?
11 March 2016
Chapter 7 bankruptcy allows you to get rid of the debts you owe without repaying them, while Chapter 13 requires you to repay the debts you owe. This is a huge difference in the way each type works, which may make you wonder why anyone would choose Chapter 13 over Chapter 7 bankruptcy. Here are three good reasons that explain why people use Chapter 13 instead of Chapter 7.
They Do Not Qualify For Chapter 7
Vehicles And Bankruptcy: What Are Your Options?
2 February 2016
A lot of people who are struggling financially find themselves faced with a car payment that's unmanageable. Worse, they are often "upside down" in the vehicle, owing far more than the vehicle is actually worth. What are your options for dealing with a vehicle like this under bankruptcy laws?
Option 1: Surrender
While it might not be your first choice, surrendering the vehicle is the easiest option. You can return the vehicle directly to the lender and discharge the remaining debt through your bankruptcy.