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Many people fear that, because a bankruptcy is referenced on their credit reports, the bankruptcy has a negative impact on one's ability to borrow. Obviously, a bankruptcy is not a positive mark on one's credit, but you have to consider your whole credit picture. By the time somebody files a bankruptcy, his or her credit rep…
Read moreMany consumers who are behind on their bills dread the thought of telephone calls from collectors. Bill collectors can be intimidating, but no consumer should live in fear. After a person files for consumer bankruptcy, these calls are not allowed. If you follow these rules, you can answer your telephone with greater confidence even …
Read moreMost people have at least some wrong information about bankruptcy . Irrational fears hold people back from utilizing this helpful process. We hope that by dispelling some of these widely held myths, we can help you to determine whether bankruptcy is the right course for you. The initial consultation with a bankruptcy attorney is …
Read moreAt your initial consultation, you will need to provide us with some basic information such as information on your debts (including your credit card debt, any lawsuits, foreclosures or repossessions, tax, student loans, or medical bills) and information about property you own (bank accounts, real estate, cars, insurance policies, ret…
Read moreWhat Is the Difference Between Chapter 7, Chapter 11, and Chapter 13? If you are a business or individual and file for Chapter 7 bankruptcy, a trustee is appointed to liquidate your assets and distribute any excess to creditors. While debts will be discharged, if you are an individual you may have to sell some of your property if yo…
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