Please know we are here to help, advise and guide you, even in these unusual times. Now perhaps more than ever, count on our experience and individualized attention to help resolve your complex issues. Our team continues to offer bankruptcy relief and assistance with veterans claims while ensuring the health and safety of our clients, staff and their families. Please call our office with questions or to schedule an appointment. We are currently scheduling phone and video conference … [Read more...]
Bankruptcy & Tax Refunds
Bankruptcy & Tax Refunds Each year, many people receive substantial tax refunds. If they are facing a lot of debt, they must decide whether using the tax refund to pay creditors will help them out of debt. If a debtor has one major creditor and can negotiate a payoff with the tax refund, this may be a good option. However, when a debtor has multiple creditors and paying one will not ease the debt burden, bankruptcy may be a better option. Some important factors when considering … [Read more...]
How did these medical bills get out of control?
Sometimes it's a catastrophic illness like cancer or a heart attack. Other times it's just high deductible insurance premiums or co-pays. Quite often, it is the combination of illness and missed work due to illness that prompts a medical bill problem. Whatever the cause, medical bills are one of the leading reasons why people file bankruptcy. Medical bills are unsecured debts – this means that there is no collateral for the debt. If you are unable to pay what the hospitals or doctors want … [Read more...]
I’ve been sued on a debt, now what?
Many people struggle financially for months or years before deciding to explore their options in bankruptcy. The last straw often comes in the form of a sheriff or process server showing up at the door with a summons. When this happens, it can be overwhelming. Faced with a lawsuit, bankruptcy may be your best option. When you consult with our office, we will let you know the pros and cons of bankruptcy. Pros: Bankruptcy offers relief Bankruptcies are filed in the United States … [Read more...]
Divorce & Bankruptcy
When to file the bankruptcy The stress of dealing with overdue bills and creditors calling can put a strain on any marriage. Frequently, divorce causes debt, or financial difficulties are a big factor in leading to divorce. If you are considering a divorce and have substantial joint debt, you should file bankruptcy before a divorce is final. By doing this, the debt component is greatly simplified in the divorce proceeding - if not eliminated completely. This not only takes away the worry … [Read more...]
