Top 7 Reasons People Declare Bankruptcy

Top 7 Reasons People Declare Bankruptcy

People don’t declare bankruptcy for the fun of it. Bankruptcy results from a financial hardship from which a person cannot recover within a reasonable amount of time. Lots of circumstances can lead to personal bankruptcy. Here are the top 7 reasons people declare bankruptcy. Job loss Unemployment benefits simply do not cover living expenses. Losing […]

Should I File Bankruptcy or Divorce First?

Divorce can be messy. Bankruptcy cleans up messes. But whether you should file bankruptcy or divorce first depends on your specific circumstances. In some cases, filing bankruptcy before divorce makes sense. In other cases, filing bankruptcy before the finalization of a divorce and the division of property can be a big mistake. If your marriage is […]

Top 5 Worst Debt Collection Defenses

Top 5 Worst Debt Collection Defenses

Good debt collection defenses flow from the specific circumstances of the debt. Bad debt collection defenses merely delay the lawsuit without changing its outcome. And the worst debt collection defenses are irrelevant, waste the court’s time, and possibly add costs and fees to your balance. Here are the Top 5 Worst Debt Collection Defenses. I Can’t Afford to […]

Discuss Bankruptcy With Your Family

Discuss Bankruptcy With Your Family

Families can face strain when a member of the family faces bankruptcy. Financial problems often lead to damaged relationships and sometimes even divorce. When considering whether to file for bankruptcy, be sure also to weigh the effect it will have on your family. Be sure to discuss bankruptcy with your family if you’re considering filing […]

Top Three Reasons to File Bankruptcy

Top Three Reasons to File Bankruptcy

Bankruptcy is not appropriate for every situation, and the primary concern of a bankruptcy lawyer is to explore all of the options to determine whether bankruptcy or some other option is the best choice for you. No one intentionally chooses financial hardship. But how you face your adversity impacts your outcome. Here are the Top […]