Setting Up The Bankruptcy File Correctly To conduct a successful bankruptcy case, you have to have your file set up correctly from the outset. I’m talking about having every detail covered so that you don’t fall into any of the open man holes and potholes that lie ahead of you. Of course there is the+ Read More

Are you still one of the many people who have this notion that filing for bankruptcy will bring the end of the world for you? Do you consider it a total failure? Are you afraid that friends, family and co-workers will find out about your filing? Are you worried about being able to buy a+ Read More

Do you know what it means to have a judgment entered against you?  Judgments arise from lawsuits – often collection lawsuits – and they happen when a state court judge decides in favor of the other party.In collection lawsuits, this means that the judge has ruled in favor of the plaintiff – usually a credit card company, finance company or other person or company who is suing you for money damages.

When it comes to finances and debt management, your credit score (and how to improve it) is what is on most people’s minds!  To some, a credit score can really impact how they view themselves.  As the third installment of our blog covering various debt relief options, we take a deeper dive into how your credit […]

While Chapter 7 bankruptcy offers individuals a fresh start and discharge from many debts, it doesn't come without a price. Property of the debtor becomes property of the estate and is used to pay creditors.

The total number of bankruptcy filings dropped 14% from January to January of the prior year. In fact, the year over year filing totals have been declining for over four years, specifically for 50 consecutive months. You would think that by four years of decreased filings that things in the United States would be great.+ Read More

About 10 to 20 years ago, I would see the same typical creditors in a bankruptcy case. I would likely see credit card debt, outstanding medical bills, parking tickets, tax debt, and an occasional unsecured, personal loan. These are the majority of creditors that made up bankruptcy cases 10 to 20 years ago. My how+ Read More

As many predicted, RadioShack Corp. has filed for bankruptcy protection.
The electronics retailor filed a Chapter 11 bankruptcy petition on Thursday after reaching a deal to sell existing stores to hedge fund Standard General.
In its petition, RadioShack listed $1.2 billion in assets and $1.39 billion in debts. The filing occurred in the U.S. Bankruptcy Court in Delaware.

Most people thinking about filing for bankruptcy are understandably concerned about paying for the service. They wonder how in the world they going to pay the attorney’s fees and the court costs in an effort to get out of debt. After all, they have very little available per month after they are paying all of+ Read More