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What Does a Bankruptcy Attorney Help With?
If the idea of bankruptcy has crossed your mind more than a few times, there’s a good chance that it’s something that you need to pursue. Maybe you’ve gone so far as to Google a few sites and articles to learn what is involved, then closed the computer again because the whole thing seemed too overwhelming. If that’s the case, or something close to it, then it’s time for you to seek guidance from a bankruptcy attorney. A bankruptcy attorney will help in many ways, starting with reviewing your situation and advising you as to whether bankruptcy is the right …Read More ➡
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How to Start Saving Money After a Bankruptcy
Going through bankruptcy proceedings is an emotionally exhausting, sometimes traumatic event. No matter whether you got into financial trouble through bad decisions or through no fault of your own (medical event, job loss, etc.), you still have had to go through the process of putting all of your assets, income and debt on display and agreeing to either an extended payment plan under Chapter 13 or the loss of some of your assets under Chapter 7. The good news is that once you’ve gone through the process you have the chance to make a fresh start, and that should begin …Read More ➡
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What Type of Bankruptcy is Best for Credit Card Debt?
Credit cards have unquestionably made our lives easier – and for some of us, it may have made life too easy. The temptation to simply reach into our pockets and pull out a card to pay for something we want can quickly lead to debt that gets beyond our ability to pay. If this has happened to you – whether as a lack of discipline or in response to a need that is out of your control (such as a job loss or illness), your best option may be to file for either Chapter 7 or Chapter 13 bankruptcy. The …Read More ➡
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How to Handle Quarantine if You’re Contemplating a Divorce
Ask anybody who has been through a challenging divorce about the day that they finally separated from their ex and they’re likely to say they felt a huge burden lift from their shoulders. Even those who express a sense of sorrow over their marriage ending also acknowledge the physical separation as an important day that represented the start of a new phase in their lives. For those who are contemplating a divorce in these days of quarantine and coronavirus, there is much less of a chance to have that landmark day come any time soon. Many already-unhappy couples are finding …Read More ➡
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Should I Consider a Mortgage Modification?
When you applied for your mortgage, you did so based upon your income and assets at the time. That was the same data that your mortgage lender used to approve your mortgage, and when all of the paperwork was done you knew exactly what your monthly payment would be. Though both sides entered that arrangement with the expectation that none of the basics would change, sometimes circumstances intervene and people fall on hard economic times. If that has happened to you, a mortgage modification may be worth your consideration. A mortgage modification allows you to change the terms of your …Read More ➡
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How to Handle Shared Custody During the COVID-19 Pandemic
Custody can be one of the most fraught aspects of divorce for couples that have children. Partners who are angry, hurt, or disappointed at the dissolution of their marriage — or whatever led to the breakdown of the marriage — tend to allow either money or child custody to be the issue through which they express their ire. This outcome is hard on all involved and is especially so when the situation is exacerbated by a crisis. If you and your ex-spouse are struggling with shared custody during the COVID-19 pandemic, you’re certainly not alone, but that doesn’t mean that …Read More ➡
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Can I File for Bankruptcy During the COVID-19 Pandemic?
It’s hard to find much positive to say about the COVID-19 global pandemic, but one good thing is its timing from a technology perspective. The internet and the advent of advanced communications technology have made it possible for us to keep in touch with loved ones, tp have telemedicine appointments with physicians, and to continue doing business of all kinds, including filing for bankruptcy. Accommodations have been made to previously stringent rules, and that means that doctors are willing to write prescriptions without actually seeing patients, schools are willing to let students take tests without being proctored, and courts are …Read More ➡
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How Complicated is the Bankruptcy Process?
There’s nothing quite as scary as the unknown, and that is as true of the bankruptcy filing process as of anything else. That’s one of the reasons that it’s smart for anybody considering filing for bankruptcy to consult with an experienced bankruptcy attorney who can explain what is involved and provide invaluable guidance. The good news about bankruptcy is that it is a highly formulaic process. There are steps that need to be followed, and they are entirely predictable. The downside is that they require significant attention to detail, and if you miss a step or make a mistake while …Read More ➡
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Can I Keep My Car During a Bankruptcy?
There are certain questions that loom large for people considering filing for bankruptcy, and one of the biggest is whether they will be able to keep their car. The reason for the question’s prevalence is obvious: people need their cars in order to continue going to work, to shop for food, to attend doctors’ appointments, and more. The loss of a vehicle is the loss of freedom, so getting the answer is important. Unfortunately, there’s no one-size-fits-all response, and a lot of the determination will depend upon the specifics of your situation. Here’s what you need to know: Filing for …Read More ➡
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What Happens to a Bankruptcy During a Divorce?
Divorce and bankruptcy are two of the most emotional legal processes that any individual can go through, and as a result, it is a good idea to pursue them one at a time if at all possible. Though it is understandable to want to escape or end a bad marriage quickly, doing so can complicate a bankruptcy proceeding, and potentially make it much harder for the divorce proceedings to move forward quickly. There are several reasons for this: One of the first things to happen when you file for bankruptcy is that an automatic stay is placed on all of …Read More ➡
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