How Can An Automatic Stay Protect You?

Apart from actually receiving a discharge of debts, an Automatic Stay is probably the most important feature of filing for bankruptcy. How Can An Automatic Stay Protect You? When you file for Chapter 7 or Chapter 13 bankruptcy, an automatic stay immediately goes into effect and prohibits most creditors from continuing with collection activities. This […]

Chapter 11 Filings Increased in 2017

The numbers for bankruptcies in 2017 are out! According to data provided by Epiq Systems, Inc., there were 5,744 commercial Chapter 11 filings during 2017’s calendar year. That marks a 6 percent increase from the 5,447 filings in 2016. Chapter 11 Filings Increased in 2017 While Chapter 11 bankruptcy numbers increased, total bankruptcy filings decreased slightly […]

Resolution: Get Finances in Order

As we exit holiday season and enter the new year many people make “getting finances in order” a top resolution. While many people have this goal, it can be difficult to know where to start. There are a few options available to you. Debt consolidation, debt settlement, and bankruptcy are all ways to clear your […]

Facing Repossession?

You’ve recently lost you job and have been unable to get a new job. Because of this loss, you have been unable to make your monthly payments on your house or car, and no you are facing repossession. This can be a scary time. How are you supposed to find employment if you don’t have a […]

Bankruptcy Around the World

You might think that “bankruptcy” means the same around the world, and to some extent it does, but different countries have different laws, and names, for bankruptcy and the bankruptcy process. Below we outline how bankruptcy is handled around the world. Bankruptcy Around the World Bankruptcy in Australia In Australia, there are two types of […]

Rebuilding Credit After Bankruptcy

We talk a lot about the process of filing for Chapter 7 or Chapter 13 bankruptcy, but after you’ve gone through the process how do you rebuild? A Quick Review of Bankruptcy Before we talk about what happens when you file for bankruptcy, and how to move forward from it, let’s first review what bankruptcy […]

What to Ask Your Bankruptcy Attorney

Deciding on a bankruptcy attorney can be just as tough as deciding on bankruptcy itself. How do you know how to choose the right attorney for your case? Below we outline some questions you’ll want to ask any potential bankruptcy attorney. What to Ask Your Bankruptcy Attorney You’ll want to work with an attorney if […]

Loan Modifcations to Keep You in Your Home

Are you struggling to make your monthly mortgage payment? Are you facing foreclosure or a short sale? If any of these apply, then you might want to pursue a loan modification. Loan modifcations are in place to help keep families in their homes.  Loan Modifcations to Keep You in Your Home A loan modification permanently restructures your […]

Avoiding Debt During the Holidays

The holiday season is filled with celebrations, gift giving, overspending, and debt. Here are some tips to avoid getting a hulking credit card bill after the shopping season is over. Shopping Mistakes to Avoid Don’t be fooled by marketers who have convinced shoppers that Black Friday means the biggest savings. Nerdwallet recently analyzed 27 Black […]

Entering the Season of Debt

The holiday season is fast approaching. The end of the year is filled with celebrations, gift giving, overspending, and debt. You’ll want to be prepared as we move into the season of debt! Here are some tips to avoid getting a hulking credit card bill after the shopping season is over. Entering the Season of […]