2017

Starting a business is always a risk, and sometimes it doesn't end well. Read on to find out if bankruptcy is the right move for you.

2017

Wait! Don’t File Bankruptcy Without Doing This

27 December 2017
 Categories:
, Blog

If you have finally come to the conclusion that your financial problems are not going to get better without you taking drastic action, such as filing bankruptcy, you might want to hold off for a bit longer. You should definitely file, but there are 3 issues that you might want to consider before you submit that federal paperwork. Read on to learn more. 1. Protecting your homestead exemption A chapter 7 bankruptcy always has the potential to result in the loss of property, but exemptions are the "
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Filing For Bankruptcy? Two Finance Classes You’ll Have To Take

10 October 2017
 Categories: , Blog

As you are preparing yourself to file for bankruptcy, you may think that all you need to do is get your paperwork in order and submit it. Unfortunately, there are some other requirements that you must meet for the bankruptcy to be granted. A 2005 law not only made the requirements for bankruptcy more strict, but required people who file to take classes to educate themselves about their finances. Here is what you need to know about the two classes.
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Important Things To Know About Chapter 13 Bankruptcy

7 August 2017
 Categories: , Blog

Debt has the potential to destroy a person's quality of life. This can be due to the stress of making the large payments to creditors while also facing the risk of losing possessions and damaging your credit history. Depending on the size of these debts and your earnings, you may be in an impossible situation for repaying these debts. In these situations, it may be wise to learn more about bankruptcy protections:
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Two Reasons Why Your Attorney May Recommend Delaying Filing For Bankruptcy

14 March 2017
 Categories: , Blog

When people file for bankruptcy, they're typically looking for immediate relief from their debt problems. Sometimes, though, the attorney handling the case will recommend the petitioner wait to file bankruptcy for a number of reasons. Here are two you may be presented with and why it may make sense to do as your attorney advises. You Have Assets That Need to Be Protected Possibly the top reason your attorney will advocate waiting is you have valuable assets that could be taken by the court to pay your debts.
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About Me
is bankruptcy a smart business move?

America is supposed to be the land of opportunity. What do you do when you try to take advantage of an opportunity that ends up costing you more than what it is bringing in? Sometimes, a business that you start just doesn't work out as you had hoped. It could be that you don't have enough experience or it could be that the market goes bad. Whatever the reason for the business not doing well, you will have to think carefully about your next step. Is bankruptcy the only way to get through this difficult time without losing everything you have worked for?