Bankruptcy

If you are up to your eyeballs in debt, there’s a fair chance you feel pretty bad about it. You might have grown up to believe that being in debt is a bad thing and that somehow you have failed if you can no longer pay. If some of your debt occurred due to credit card...

The financial cost of being diagnosed with cancer is going to depend, to some degree, and the type of cancer that the doctor finds. For example, minor skin cancer may just take a few meetings with a dermatologist to get it surgically removed. Significant lung cancer...

There’s really no shame in being in debt. Life is hard, and it only takes one or two missed paychecks or a single medical crisis for the debts to pile up. Just the same, many people dislike the idea that “everybody will find out” about their financial troubles, and...

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...

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...

Bankruptcy is a legal process that provides a debtor with relief from their debts and an opportunity to start afresh. The automatic stay is put in place when a debtor files for bankruptcy.  An automatic stay is a court order. It prevents creditors from taking action...

Are medical bills giving you sleepless nights? You are not alone. Medical conditions like heart disease, diabetes and cancer can cost thousands of dollars to treat. If you are caught up in a staggering medical debt that you can’t seem to pay, you need to figure out...

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...

Bankruptcy can help you out of financial difficulty and give you a much-needed lifeline. However, it is essential to understand the difference between the two most common types of bankruptcy, Chapter 7 and Chapter 13, to determine which is best for your situation....