Category Archives: Bankruptcy
Automatic Stay
Filing for bankruptcy can offer you an opportunity to pay off debts at a pace that favors you. It can also help you by having you exempted from paying off debts that have overwhelmed you. However, the decision to file for bankruptcy is never easy. Lack of enough knowledge is one of the main… Read More »
Rebuilding Your Credit After Filing for Bankruptcy
One myth about bankruptcy is that it permanently ruins your credit score and ability to borrow money. Declaring bankruptcy does affect your credit negatively. However, the negative impact does not last forever. A Chapter 7 remains on your credit report for ten years, while a Chapter 13 can last for seven years 10 years… Read More »
The Stable Genius: Why Trump Will Never Again Face Bankruptcy
Julianne Frank © All rights reserved 2020 Donald Trump is the stable genius he claims to be. After all, here is a guy whose real estate failures and business bankruptcies exceed those of all the other moguls of history, whose self help get rich school was closed for fraud, and whose seed capital came… Read More »
Filing for Bankruptcy in Florida Having Moved From Another State
Everyday people move to Florida for varying reasons. Currently, it is full of residents that grew up in a different state. While some move for relationship purposes, others move to retire with the beautiful views Florida has to offer. Debts can also make a person move to a new state. You might have chosen… Read More »
Misconceptions on Bankruptcy
Understanding the basics of bankruptcy is crucial if you are considering filing for bankruptcy. Usually, people choose to rush to the internet to search for information or to ask a friend or family member for advice. Unfortunately, sometimes the information you find on online discussion forums or the advice your friends and family members… Read More »
Choosing a Bankruptcy Attorney
You may feel that you need the financial relief from creditors and debt collectors and are now considering filing for either Chapter 7 or Chapter 13 bankruptcy. While this is an important and difficult decision to make, you still have another decision to make as well that will likely impact the results of your… Read More »
Paying Employee Debt With a Chapter 11 Bankruptcy
Many employers now are feeling the stress and financial strain of the economy and the economic impact of COVID-19. As a result, many employers are making the decision to file for bankruptcy. As a result, when an employer makes the decision to file for Chapter 11 bankruptcy they may have several questions regarding payment… Read More »
Bankruptcy and COVID-19
The COVID-19 pandemic has caused an economic disruption unlike any other in modern times. Many businesses found themselves needing to shutter their doors under the direction of the state or federal government, leaving both employers and employees without a source of income. In many cases, these employers furloughed or laid off their employees, and… Read More »
What Information Do You Need To File Bankruptcy
Bankruptcy involves a great deal of paperwork in order to provide documentation regarding all of your finances to the court. You may feel flustered as you begin to consider the process of filing for bankruptcy. While you will have to disclose all of your assets, debts, and income to the federal bankruptcy court, you… Read More »
Life After Bankruptcy
If you are struggling with deciding whether or not to declare bankruptcy, one of your largest obstacles may be what your life will look like following your bankruptcy. Will you ever be able to get a credit card again? Will you qualify for a home loan? Will you be able to make any large… Read More »