Bankruptcy

5 Myths About Bankruptcy That Drive Me CRAZY

Here is what “everybody knows” about bankruptcy – except it’s not true. Myth # 1: “If you file bankruptcy, you will lose your house.” This ALMOST ALWAYS FALSE. I have clients who voluntarily surrender their houses to get out from under their impossibly large house...

5 common bankruptcy questions

Late fees, medical bills and loans can lead to unmanageable debt. Bankruptcy can be a great tool for people who struggle to pay off their debts.  If you’re considering filing for bankruptcy, there are a few questions you may need to ask: Is Chapter 7 bankruptcy my...

What causes debt to become overwhelming?

Nearly everyone takes on some kind of debt in their life. With a meticulous plan, debt can be quickly paid off. On the other hand, debt can quickly become overwhelming. How does this happen? Here’s what you should know: Overspending Credit cards, which would allow...