Social media is a huge part of daily life. In fact, you probably use Facebook. What you may not realize, is that what you post may be used by debt collectors. These debt collectors may even go as far as contacting your friends and family to get to you. It is important to update your [...]
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So far DRL has created 37 blog entries.
We are experiencing uncertain financial times in the wake of COVID-19. It is affecting all of us, but some of us have been hit much harder. Are you worried about what to do? What Can I Do Now? 1. Update Your Budget - This will help you find other options for emergency cash. Don't have [...]
Have you been sued by a creditor? You may be worried about what can happen next. In fact, you may not know that your home could be at risk. How the Lien Works When you are sued by a creditor for a balance owed and lose your case, the creditor will be granted a judgment [...]
Are you concerned about what will happen if your ex-spouse files for bankruptcy? Is your debt divided up in a family order divorce order? If so, there are some things you need to know. Sometimes, spouses split up the community property debt in family law. However, creditors can go after the other ex-spouse. This can [...]
Are you dealing with debt and considering bankruptcy? If so, you may be wondering how a bankruptcy attorney will help. Whether you are filing on your own or not, you will still be responsible for paying court filing fees and costs. Since the legal process can be very complicated, we recommend that you speak with [...]
Are you in financial trouble and considering bankruptcy? If so, you will want to discuss your situation in detail with a qualified bankruptcy attorney. This is especially true if you are paying or receiving child support. Paying Child Support If so, you may be wondering what happens to those payments if you file for bankruptcy. [...]
In the wake of COVID-19, you may be considering filing for bankruptcy to deal with your debt. If you happen to owe the IRS money and are unsure what to do next, you have options! So, which bankruptcy chapter will help your situation? Chapter 7 A Chapter 7 takes less time and is primarily used [...]
During this difficult time, you may be considering filing for bankruptcy for your business. But, what happens to your employees if your business files for bankruptcy? Chapter 11 Most businesses file under Chapter 11 bankruptcy to enter into a repayment plan with creditors or sell off assets with the assistance of the bankruptcy court. Regardless [...]
If your company is in financial trouble, you may be weighing your options on the best way to proceed. When moving forward with a company liquidation through Chapter 7 Bankruptcy, you are probably wondering what will happen to your employees. First, you will want to make sure that you provide proper notice of mass layoffs [...]
During these uncertain times, you may be worrying about the best options for your business. Did you know that a business or LLC can file for Chapter 7 Bankruptcy? How It Works Just like an individual filing, the Chapter 7 Trustee will liquidate the assets of your business and settle your debts. However, exemptions will [...]