Author Archives: Jay Butchko
Filing Bankruptcy For The Purpose of Tax Relief
If you are facing overwhelming tax debt, you may feel overwhelmed and are looking for options to help you pay or reduce your tax burden. If you are looking at a mountain of debt, you may be considering filing for either Chapter 7 or Chapter 13 bankruptcy. These two types of bankruptcies are very… Read More »
Bankruptcy – Chapter 11
A Chapter 11 bankruptcy is a type of bankruptcy available for businesses who do not want to go out of business but would rather restructure their debt and stay in business. For this reason, a Chapter 11 bankruptcy is known as a “reorganization.” This type of bankruptcy can financially rehabilitate the business by reorganizing… Read More »
Bankruptcy Process
Making the decision to file for bankruptcy can be an overwhelming and terrifying decision, especially if you are unsure what the process will entail, how long it will take, and what your life will look like after the bankruptcy. The good news is that statistics show that those that file bankruptcy are better off… Read More »
Debt Negotiation
If you are facing increasingly mounting debts and feel overwhelmed, you may be considered filing for either Chapter 7 bankruptcy or Chapter 13 bankruptcy. While both of these options will help you with regard to your debt, there are also several types of debt negotiation options available to you as a consumer. Exploring these… Read More »
What To Expect When You Hire a Bankruptcy Attorney
If you are considering filing for bankruptcy, you may be wondering how the process works. Hiring an experienced bankruptcy attorney can help you determine which type of bankruptcy you should file, what your legal rights are, and how long the process will take. Having an attorney by your side will help you feel less… Read More »
When Is A Good Time To File For Personal Bankruptcy
As your debts continue to pile up, and you are getting calls from more and more creditors, you may be considering making the decision whether or not you should file for personal bankruptcy. Understanding the basics of whether you are eligible to file for bankruptcy, and when you should do so, can help you… Read More »
What To Do After Your Bankruptcy Is Over
If you are at the beginning stages of making the decision of whether or not you should file for bankruptcy, you may be concerned not only with the bankruptcy process but also what your financial position will be after your bankruptcy is over. If you file for Chapter 7 bankruptcy, many of your debts… Read More »
Business Bankruptcy Overview
If you are a business owner and struggling financially, you may be considering filing for bankruptcy. No business owner wants to be in the position of having to consider filing for bankruptcy. However, certain circumstances can simply cause catastrophic financial problems such as losing a large client, facing employees who have embezzled money, or… Read More »
Can You File For Bankruptcy Twice?
Financial struggles do not happen just once in a lifetime. There are circumstances where someone may find themselves struggling with overwhelming financial debt after already filing for bankruptcy at an earlier point in their lives. If you have already filed for bankruptcy once in your life, you may be wondering if you can file… Read More »
Bankruptcy and Your Inheritance
If you are overwhelmed by debt from your creditors, you may be considering filing for bankruptcy. For most people, there are two options to file for bankruptcy, Chapter 7 and Chapter 13 bankruptcy. Chapter 7 bankruptcy will allow you to discharge most of your debt, and a Chapter 13 bankruptcy will allow you to… Read More »
