Category Archives: Bankruptcy Attorneys
Can I Dismiss My Chapter 7 Bankruptcy Case?
The short answer is that there is no absolute right to voluntarily dismiss your Chapter 7 bankruptcy case. However, you may have certain rights that will allow you to attempt to dismiss your case. Learn more about why a debtor would want to dismiss their bankruptcy case, and what options they may have. Why… Read More »
Unsecured vs. Secured Debt
If you are in the process of beginning to file for bankruptcy, there are many phrases that may seem completely foreign to you. One of those is the difference between secured and unsecured debt. Bankruptcy is an opportunity for someone to find financial relief from the distress they feel due to their overwhelming debt…. Read More »
Social Security Benefits and Bankruptcy
Many people rely solely on Social Security benefits for their income. However, sometimes these benefits are simply not enough to cover daily living expenses. In these unfortunate circumstances, many people wonder if they need to file for bankruptcy if they only are receiving Social Security benefits. In some cases, certain persons will not need… Read More »
What Debts Go Away In Bankruptcy?
When people make the decision to file for bankruptcy, they are aware that some of their debts will be discharged in the bankruptcy process. Filing for bankruptcy allows debtors to have a financial fresh start by removing a great deal of debt that is overly burdensome. However many of the people who are considering… Read More »
How Much Is My Home Worth For Bankruptcy Purposes?
When you make the decision to file for personal bankruptcy, you have a responsibility to list all of your debts as well as all of your assets. For most people, their home is their most valuable asset. Because this asset is worth the most for a debtor, it is critical that they correctly value… Read More »
Bankruptcy Filings Will Be On The Rise
Statistics show that since the Great Recession filings for bankruptcies have been declining. At their peak, more than 1.5 million people filed for bankruptcy in 2010. Since that time, bankruptcy filings have consistently declined. In fact, only half as many bankruptcies were filed in 2018. However, with the global pandemic of the COVID-19 virus,… Read More »
COVID-19, Restaurants, and Bankruptcy
One of the businesses hit the hardest during the COVID-19 pandemic is the restaurant industry. Most restaurants in the United States make most of their income through dine-in business. Because restaurants were not deemed essential according to the federal government, many restaurant owners had to furlough or fire their employees since they had to… Read More »
Inability to Pay Bills Due To COVID-19
Millions of people throughout the country are struggling to pay bills due to the COVID-19 pandemic. Thousands of businesses have made the difficult decision to shutter their doors, leaving millions of workers without an income. Economic chaos continues, as these workers are now unable to pay their daily living expenses, afford medications, or even… Read More »
Mortgage Payments and COVID-19
During this unprecedented COVID-19 crisis, all areas of American life have been affected. Many workers have lost their jobs, or have had to receive reduced salaries or furloughs. In other cases, businesses have had to completely shutter their doors for an indefinite period of time. In this time of economic uncertainty, many homeowners are… Read More »
Why You Must Attend the 341 Meeting of the Creditors
If you make the decision to file for bankruptcy, there are certain obligations that must be met in order to receive the financial fresh start you are requesting. Proper paperwork must be filed with the bankruptcy court, and certain deadlines must be met. Additionally, one of the most important parts of a bankruptcy case… Read More »
