Advantages and Disadvantages of Bankruptcy

  Advantages of Bankruptcy As part of our work with clients considering bankruptcy, we want to make sure you understand all of your options. When you are faced with stress and overwhelming debt, bankruptcy can be one option that can quickly end creditor harassment.

Can I File Bankruptcy If I Have Little or No Income?

bankruptcyFiling for bankruptcy with limited income is possible, but it often depends on personal circumstances.  In such situations, debtors may qualify to file Chapter 7 instead of Chapter 13 bankruptcy.  In Chapter 13, you agree to a repayment schedule approved by the court based on your ability to repay.  If your debt obligations qualify for [...]

Guard Against Identity Theft With These Three Easy Steps

bad guy thievesTake three simple steps and your risk of identity theft plummets.
Identity theft can ruin your financial life, so you do what you can to minimize the risks.
You check your credit report, dispute the errors and keep tabs on your day-to-day finances.

Today In Bankruptcy – 07-11-2013

Debt-tmagArticleBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for July 11, 2013 Debt collectors and credit reporting companies bracing for  intense scrutiny after the government’s watchdog group unveiled broad plans to regulate financial firms  Corporate Insiders Shift From ‘Buy’ to ‘Sell’ as Bankruptcy Nears Court Rejects Bid to Put [...]

Why It’s Important to Have a Bankruptcy Consultation

Dealing with Divorce during Chapter 13 BankruptcyWhen considering bankruptcy as an option to get you the financial relief you are seeking, taking the time to consult with a bankruptcy expert can make a big difference in how you proceed in choosing the best solution.  This is the perfect opportunity to gain clarity about the process and whether it is the best [...]

History of Bankruptcy – Part 11

Written by: Robert DeMarco
United States Bankruptcy Laws – The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

History of Bankruptcy – Part 11

Written by: Robert DeMarco
United States Bankruptcy Laws – The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

When Debt Collectors Call, Know Your Rights

debt collector calls make people angrySay the wrong thing to a debt collector and you’ll make things worse.
I’m in a unique situation when it comes to knowing about how debt collectors operate. By virtue of what I do for a living, I hear at least a dozen stories of debt collection procedures each week, seen through the eyes of people who need my help.

What to Expect at the First Meeting with a Chapter 7 Bankruptcy Attorney

Here is what to expect when you first meet a chapter 7 bankruptcy attorney:     

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