For years I didn't worry much about finances. Along as nobody was calling me and asking for money, I figured I was in the clear. However, one day my laid-back attitude about finances caught up with me. I was trying to apply for a car loan, and I was flatly refused by my lender. He explained that my credit was so poor that bankruptcy might be a viable alternative. That day, I hired a bankruptcy attorney to evaluate my finances and help me to turn things around. It made a huge difference in my life. Check out these articles to learn how an attorney could help you.
Posted on: 18 August 2021
Falling into debt can take many years for some people, but it can take only a few months for others. In any case, you may want to turn to bankruptcy when you reach a point where you cannot pay your bills. If you have too much debt and not enough income, bankruptcy might be the best way out of debt. If you decide to use bankruptcy, you may need to prepare for it, and here are four ways you can prepare. [Read More]
Posted on: 3 March 2021
There are two basic types of bankruptcy filings you can pursue. One is a liquidation process that involves a court-appointed trustee selling your disposable assets. The other is a process where you can restructure your debts. Every bankruptcy attorney fields questions about which approach is the right one for their clients. A bankruptcy attorney services provider will look at the following four factors. Kinds of Debts Chapters 11, 12, and 13 are restructuring processes that are aimed respectively at businesses, family farms, and individuals. [Read More]
Posted on: 26 June 2020
When you start thinking about using bankruptcy to get out of debt, you should consider calling a bankruptcy law firm. You can contact a law firm to schedule a consultation visit, and the lawyer will help you learn your options during this meeting. One vital thing that takes place during an initial consultation is a review of your finances. The goal of this is to help you determine which branch of bankruptcy you should file. [Read More]
Posted on: 29 May 2019
It might be somewhat ironic that advances in medical science have contributed to living longer but have caused higher medical costs while doing so. Medical bills are but one issue senior citizens face as they move away from their income-earning years and into retirement. The cost of housing, groceries, and utilities also continue to rise and affect those that have insufficient means of adjusting their earnings. If you are on a fixed income and financial problems are afflicting you, you might have considered taking the step of declaring bankruptcy. [Read More]