There are things you should consider before filing bankruptcy. It includes your eligibility to file bankruptcy, the types of debt you owe to your creditor, your monthly income, and living expenses. Bankruptcy enables a debtor to virtually pay all of his or her debts to creditors. You should take the opportunity to look into the specifics of each bankruptcy chapter. Doing so will enable you to decide on what would be the best option for you as you work on your bankruptcy case.

The three toughest questions at your bankruptcy hearing. The three toughest bankruptcy hearing questions are NOT what most people expect.  The bankruptcy trustee does NOT ask you to explain how you got into this mess. They are not asking about your plans for the future.  And the creditors are NOT there demanding their money. Have […]

The three toughest questions at your bankruptcy hearing. The three toughest bankruptcy hearing questions are NOT what most people expect.  The bankruptcy trustee does NOT ask you to explain how you got into this mess. They are not asking about your plans for the future.  And the creditors are NOT there demanding their money. Have […]

The three toughest questions at your bankruptcy hearing. The three toughest bankruptcy hearing questions are NOT what most people expect.  The bankruptcy trustee does NOT ask you to explain how you got into this mess. They are not asking about your plans for the future.  And the creditors are NOT there demanding their money. Have […]

Most people having financial problems choose to file a petition in bankruptcy court. Bankruptcy attorneys get numerous calls and inquiries on such, particularly on related pros and cons.
The fact that rebuilding credit after bankruptcy can be difficult is indeed a down-side for some, but the bankruptcy filing in one’s credit report can be countered. Credit scores will improve and you will eventually be able to get credit. Furthermore, this minor disadvantage is worth the chance to pay back a creditor or even wipe out debts and have a fresh start at life.

“Five Stars is Not Enough. ” T.D.

Every client deserves competent advice in order to plan their lives, but they also need to be able to avoid unforeseen results.
Helping a client protect important assets before filing bankruptcy has always been seen as appropriate “pre-bankruptcy planning. To quote Ret. Bankruptcy Judge Sarah Curley “it is malpractice not to provide competent pre-bankruptcy counsel”.

Every client deserves competent advice in order to plan their life, but they also need to be able to avoid unforeseen results.  They also deserve to be treated with respect and compassion by everyone involved in the bankruptcy process.

Will you lose your COVID-19 stimulus money if you file for bankruptcy protection?