Give yourself a fresh financial start NOT just with your debts, but also with your assets. How to How to Get the Most Out of Your Bankruptcy The focus in bankruptcy is on dealing with your debts, wiping out and getting a handle on the negative side of your balance sheet. But getting a financial fresh start means not just getting relieved of … [Read more...]
Easy but Important Mistakes to Avoid: Selling or Borrowing against Assets Protected in Bankruptcy
June 19, 2014 by
Easy but Important Mistakes to Avoid While Considering Bankruptcy
May 2, 2014 by
Words I hate to tell new clients: “If only you’d come to talk with me sooner.” Bankruptcy attorneys are in this area of law because we really want to help people. What makes me want to come to the office every day is the privilege of listening to people’s tough stories and then giving them good news about how I can help make their life much … [Read more...]
Is Chapter 7 or 13 Better for Your Home?
April 17, 2014 by
Although either type of consumer bankruptcy will temporarily stop a foreclosure of your home, which is better for you in the long run? The Overly Simple Answer If you are behind on your mortgage, and definitely want to keep your home, then the simple guideline is this: file a Chapter 7 “straight bankruptcy” case if that allows you to catch up on … [Read more...]
Saving Your Home through Another Five Powerful Tools of Chapter 13
February 10, 2014 by
Last week’s blog gave you 5 important ways Chapter 13 can save your home. Here are 5 more. You won’t likely ever use all of them, but each one can make a huge difference. 6. Get lots more time to sell your home. If you need to sell your home but are now or expect soon to be under threat of foreclosure, Chapter 13 usually gives you much more time … [Read more...]
What Does it Take to Qualify to File a Chapter 13 Case?
January 23, 2014 by
Chapter 13 “adjustment of debts” has some extraordinary advantages over Chapter 7, in the right circumstances. How do you qualify for those advantages? You can file a Chapter 13 case if: the amount of your debts does not exceed the legal debt limits you are “an individual with regular income” Debt Limits Under Chapter 7 there is no … [Read more...]
The Sometimes Easy, Sometimes Not So Easy, Choice Between Filing Chapter 7 or 13
December 30, 2013 by
Although the Chapter 7 and Chapter 13 options are quite different, that doesn’t always mean it’s an obvious decision. The Not Always So Easy Choice Once it is clear that you need bankruptcy relief, picking the right Chapter to file can be simple. Your circumstances may all point towards one option or the other. But sometimes it can be a very … [Read more...]
