Should You Reaffirm A Bankruptcy Debt? What To Know

Posted on: 20 August 2021

You might wonder why anyone would want to prevent a debt from being discharged with Chapter 7 bankruptcy. It's important to understand that not all debt is created equal. The category your debt falls into can matter quite a bit to the way things come out after the bankruptcy is final. Reaffirming a debt is a common part of bankruptcy for many. Read on to find out why this action is so meaningful to many individuals. [Read More]

3 Steps To Succeed With Debt Consolidation

Posted on: 10 March 2021

If you have mounting personal debt, it is time to get your debt under control. One way to get your debt under control is by going through a debt consolidation process with a lawyer. Paying down and consolidating your debt isn't something you can wing; you need to take a coordinated approach, and you need the assistance of an attorney and a financial planner. Debt consolidation is about managing your debt and making changes to your life. [Read More]

4 Vital Things To Know About Chapter 13 Bankruptcy

Posted on: 2 July 2020

Have you had all you can take with your financial situation? Do you need relief from your debts? Many people find themselves in this situation, and a lot of these individuals turn to Chapter 13 bankruptcy for relief. If you are considering bankruptcy, it is helpful to understand how it works before using it. Here are four vital things you should know about Chapter 13 if this is an option you are considering. [Read More]

Take A Walk-Through The Means Test

Posted on: 30 June 2019

When you declare bankruptcy you are essentially admitting that you are unable to pay your bills now and in the immediate future. New bankruptcy rules prevent those with a certain level of income from filing chapter 7 bankruptcy. In an effort to make bankruptcy only appropriate for those that really need it, all filers should be prepared to prove income and to undergo a so-called means test if their income is above a certain level. [Read More]