The Advantages of a Bankruptcy Attorney for Guidance

The thought of filing for bankruptcy makes many people anxious because they don't know what to expect. Those who hire a bankruptcy attorney feel confident because their attorney guides and helps them through this difficult time. An attorney will explain the available options, offer advice on reducing debt and file the necessary paperwork for bankruptcy. We aren't attorneys but we do know how stressful it is to file for bankruptcy and that's why we've written this blog. We've educated ourselves about bankruptcy and the proceedings that follow. If you find yourself in this situation, read our posts to learn how bankruptcy works and why it's important to hire an attorney for representation.

2022

Should You File Bankruptcy Before Or During A Recession?

3 November 2022

With a recession looming in 2023, financial stability is more important than ever. But should you boost your own stability by filing for bankruptcy before that recession hits? Or should you consider timing it during a recession? The answer varies depending on your particular circumstances. To help you find the right timing, here are a few reasons to start your case now or later. Why File Bankruptcy Now Recessions tend to bring job instability and difficulty finding new ones.
[Read More]

Losing Money From Your Paycheck? Consider Chapter 7

29 March 2022

Bad financial situations tend to only get worse with time. The people that you owe money to can take some unbelievably punitive actions when you don't pay according to the agreements. One move they can make is to take money from your paycheck before you even get a chance to do anything about it. Read on and find out more. How Does it Happen? After several months of not paying your credit card bills, medical debts, and other types of bills, the creditor may turn your account over to a collection agency.
[Read More]