bankruptcy attorney

The main hurdle you have to overcome when attempting to qualify for Chapter 7 bankruptcy is the means test. The Chapter 7 means test is designed to look at your income and expenses and disqualify you for Chapter 7 if they don’t fit within certain guidelines. The means test will compare your average monthly income […]

One of the fears many people have over filing for bankruptcy is that they won’t be able to get credit afterwards. This is simply not the case. While declaring bankruptcy will hurt your credit score, there are strategies for rebuilding your credit immediately after filing.  Most chapter 7 clients begin receiving credit offers within 30 […]

5 Myths About Bankruptcy

There are many myths and misconceptions surrounding the bankruptcy process. When making the decision whether to initiate the bankruptcy process, it’s important to be able to separate fact from fiction. Here are 7 of the most common myths surrounding bankruptcy. Bankruptcy will ruin my credit. For many people considering filing, this may be a moot […]

When deciding whether to pursue a Chapter 7 or Chapter 13 bankruptcy, it is wise to sit down with a bankruptcy attorney and analyze your income, assets, debts, and your financial goals. For example, your situation might be such that you don’t qualify for Chapter 7, and would be better off repaying your debt over […]

Bankruptcy laws are on the books to give people a fresh start when financial conditions have become too overwhelming. It’s a right provided to you when you are hit with circumstances like loss of employment, illness, divorce, and other financial hardships; it gives you the ability to stop harassing debt collection actions and provides various […]

  As bankruptcy attorneys, we are asked many of the same questions by our clients. In this blog post, we will present a hypothetical example of a typical question and answer session with a bankruptcy lawyer so that you can come away with a basic foundation of useful information. Will collection calls stop if I […]

Feeling at Ease With Your Bankruptcy Attorney

Money matters are sensitive and personal, and there are not too many people that are anxious to discuss their financial affairs with someone they have just met for the first time. This is certainly a prudent way to conduct yourself, but the “close to the vest” approach can have a downside if you are having […]

How Long Does Delinquent Debt Stay on My Credit Report?

If you are unable to keep up with your debt payments, the delinquencies will be on your credit report, but they do not stay there forever. The credit reporting agencies stop including most types of delinquent debt after seven years. This can sound like a very long period of time, and it is significant, but […]

How Do I Srop Creditor Harrassment?

If you are the victim of collection agency harassment, you do not have to sit idly by accepting whatever they dish out. You have certain rights, and you should certainly exercise them if you are being encroached upon in an overly aggressive manner. The Fair Debt Collection Practices Act went into effect in 1977, and […]