Category: Bankruptcy

Debt Settlement vs Bankruptcy

When you are struggling with a large amount of debt and do not know how you will pay it off, you do have options available. Two of these that are often pursued by borrowers are bankruptcy or a debt settlement. Each of these options can make it easier for you…

Foreclosure notice document

If you have missed some mortgage payments, you are probably worried about the possibility of foreclosure. Some people simply give up at this point, but many more start thinking of ways they can keep their homes. One of the first options that sometimes comes to mind is bankruptcy. In some…

Chapter 7 bankruptcy document

Our client, a single mother of one, contacted us as she was about twenty thousand dollars ($20,000.00) in credit card debts. While this may not seem like a lot at first glance, given her salary and financial situation, this $20,000.00 seemed almost insurmountable. To further complicate things, one of the…

Gavel

Our client came to us with a pending garnishment against his paychecks by a creditor that had obtained a judgment for more than $150,000.00 against him. Given the large balance at issue, our client knew that he would never be able to pay the debt in full. Furthermore, the judgment…

Many people know that bankruptcy can be a great relief to many of their financial problems. Still, they believe there is still a stigma attached to it, and they are concerned about the long-term consequences they will face. It is not uncommon for people to explore many different options before…

hispanic woman trying to file for chapter 7 bankruptcy

If you are struggling financially and considering filing Chapter 7 bankruptcy, you have enough to worry about. While bankruptcy may allow you to discharge a good portion of your debt, or even all of it, the process may seem intimidating for those who have never been through it before. Preparing…