The thought of bankruptcy can be scary, but if you need a fresh financial start, you want to be sure you go about it the right way. You may be holding off on speaking with a qualified bankruptcy attorney because of some commonly held myths. Common Myth: You will lose your house or your car [...]
Filing bankruptcy can be a scary thought. But, if you are in need of a fresh financial start, you want to be sure you go about it the right way. That is because a mistake in bankruptcy can make it difficult to achieve your fresh start. We have previously discussed common mistakes and things that [...]
If you have received an Earnings Withholding Order (EWO), you may be wondering how to ask for an exemption. Your EWO should include information on the wage garnishment process and exemption. Your first step will be to keep a record of when you received the order. How Do You Ask For An Exemption? In order [...]
Photo by Lucas Jork We want you to know that bankruptcy is not the end. In fact, it can be the beginning of your fresh start! Take Cyndi Lauper for example. Before she ever made it big, she was in a band named Blue Angel. The band fired their manager, which resulted in [...]
Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on [...]
Do you work for a company that has filed for bankruptcy? If so, you may be concerned about what happens next. First, you need to find out which chapter of bankruptcy your company filed under. This will influence you in different ways: Chapter 7 In a Chapter 7 Bankruptcy, the company will sell off assets [...]
Do you have more debt than you are able to repay? If so, you may be wondering what are your options. We have worked with many people in the same situation. So, what are your best options? Option 1: Do Nothing/Ignore the Debt Is this the best option? Well, if you have no income or [...]
If you and your spouse both have a lot of debt under both of your names, you may want to consider filing a joint petition. What are the Benefits? First, it can be less expensive to file a joint bankruptcy than to file two separate ones. In fact, you may save court filing fees as [...]
Most people hear the word bankruptcy and assume the worst. But, what most people don't realize that a bankruptcy can be a fresh start. In fact, did you know that President Lincoln filed for bankruptcy in 1833 before he became president? President Lincoln co-owned a general store with a friend. They purchased their store's inventory [...]
