News & Announcements
When you are making a major life decision, it is important to have a strategy in place. Timing can play an important factor in obtaining the best outcome possible. This is true when you are considering filing a Chapter 7, Chapter 11, or Chapter 13 bankruptcy. But, how do you know when is the best time to file? Like most things, it depends on your unique circumstances.
Each debtor seeking bankruptcy protection must make full financial disclosure to the court. This means that he/she must disclose all of his/her assets, including those that are really owned by his/her children. What happens to those assets will depend on your individual circumstances, so it is important that you discuss these assets with us before your filing.
There are many benefits obtained by filing a personal bankruptcy, but the main goal is to discharge or eliminate your debt. Many of our clients are surprised when they receive their discharge order and it does not include a list of the debts that were eliminated by the filing. How do you know which debts were (and which were not) discharged in your case?
If you are facing financial struggles and you are considering filing a Chapter 7, Chapter 11, or Chapter 13 bankruptcy, it is normal to feel some apprehension or guilt. However, it is important that you don’t let these feelings prevent you from obtaining the debt relief you and your family need and deserve. The stress of living with overwhelming debt can negatively impact your marriage, your health and your family’s stability. Seeking bankruptcy protection can help you eliminate the debt and protect the things that matter most to you.
If you are living paycheck to paycheck and still coming up short when it is time to pay your bills, you should consider filing for bankruptcy. Many people want to file bankruptcy only as a “last resort,” but the longer you wait the worse your financial situation may get. The majority of Chapter 7, Chapter 11, and Chapter 13 cases are the result of events that are out of the debtor’s control, such as loss of a job, divorce, or a major injury or illness. Seeking bankruptcy protection is the first step in taking control and improving your finances