Often when I meet with clients who are dealing with Creditors Bureau USA I can see the worry and exhaustion in their eyes.  Many creditors have earned a bad named for unethical practices. 

Some debtors wonder if you have to have a specific amount of debt in order to file for bankruptcy protection.  In most cases you do not need a set amount of debt to file, but it depends on which chapter you are seeking protection with and other details relating to meeting qualifications. For instance, most [...]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 07, 2013 Pro Athletes Score in Bankruptcy Court Atlantic Club Announces Bankruptcy Filing The Bankruptcy Exemption  

Financial experts actually have good things to say about bankruptcy.  While filings increased greatly during the recession in 2008, the sudden surge of filers during this time was scrutinized by some experts as an unacceptable way for people to get rid of outstanding debt.  But, if you are truly in a situation in which you [...]

Chapter 7 bankruptcy is designed for people who, no matter how hard they work, will find it nearly impossible to ever pay off all their debts and be able to afford daily necessities at the same time.

Chapter 7 bankruptcy is designed for people who, no matter how hard they work, will find it nearly impossible to ever pay off all their debts and be able to afford daily necessities at the same time.

Many homeowners seek a short sale if they are no longer able to maintain their mortgage payments or wish to step away from the property due to valuation issues.  In most cases, the homeowner needs to prove a financial hardship for the bank to engage in a short sale.  When the house is sold for [...]The post Does a Short Sale Result in Deficiency Debt? appeared first on Acclaim Legal Services, PLLC.

If you are behind on child support payments those payments are not eligible to be wiped out in bankruptcy.  Child support payments are considered priority debts that a debtor will continue to be responsible for even after their case ends.  But, Chapter 13 bankruptcy may help you get caught up on payments.  If you have [...]

This is the case of Amy Jackson who resides in Chicago, Illinois who was visiting me for a consultation on debt relief.  Ms.