My Road Back From Bankruptcy

Posted on: 27 September 2024

Managing personal finances can be challenging, and there are times when it becomes clear that seeking professional help might be necessary. Here are five signs indicating that it may be time to look into debt management solutions. Minimum Payments Are Your Max One of the first and most noticeable signs is when you're only able to make minimum monthly payments on your credit cards or loans. While this may keep creditors at bay, it prolongs your debt payoff journey significantly due to high interest rates. [Read More]

Posted on: 22 December 2022

When bankruptcy lawyers talk with potential filers, one of the first issues usually covers what type of filing is necessary. Choosing might not seem like a huge problem, especially given you can only pick one of two types. However, you should discuss the choices with a bankruptcy attorney before filing. Two Types First, you should understand what the two kinds of bankruptcy cases are. These are liquidation and restructuring cases. Liquidation is what people generally know as Chapter 7. [Read More]

Posted on: 25 May 2022

If you're thinking about filing for bankruptcy, you may have questions about how the process will affect your cash accounts — i.e., your checking and savings accounts, CDs, etc. Your bankruptcy attorney can help ensure that your money and property are safe during the proceedings, either by placing them in what's called an exempt account or by structuring them so that your creditors won't touch them during the proceedings. Here are five ways a bankruptcy attorney can protect your cash accounts during the bankruptcy process. [Read More]

Posted on: 1 December 2021

If you decide to seek professional help for your debt problems by visiting a bankruptcy lawyer, you can learn a lot about your options. Choosing Chapter 7 bankruptcy is one option to find the relief you need, and it can help a lot. If you decide to use bankruptcy, you might wonder what you can do to ensure that the case runs smoothly. Here are four ideas of things that you can do to ensure a smoother bankruptcy case. [Read More]