IF you are struggling to pay your bills every month due to insufficient income and/or excessive expenses, there is a way to make your debts more manageable so you can sleep better at night. Chapter 13 is the section of the US Bankruptcy Code that allows individuals in the United States to reorganize their finances. …
BEING in debt can be pretty depressing. I understand how you feel. When you’re drowning in debt, you may feel that your situation is hopeful and you have no motivation to even plan for your future. Your self-esteem may be shot. You may be experiencing anger, depression, guilt, or a combination of all three. You…
IF you’re in debt and are considering bankruptcy as an option for you to get needed relief, perhaps just hearing the word “bankruptcy” makes you extremely nervous. Maybe the word conjures up images in your mind of losing everything you have and not having a financial future. Relax. It’s not what you think. Regardless of…
When your financial circumstances are forcing you to declare bankruptcy, bankruptcy can be one way of dealing with debts that you can no longer manage on your own. Of course, the decision should not be taken lightly and it is best to consult with an experienced bankruptcy attorney to see if it is best for…
YOU’VE probably seen a lot of these ads: “Settle your debts for pennies on the dollar!”, “Reduce your debts legally without filing bankruptcy!” “Stop bill collectors now and pay them only what you can!” Are all these just exaggerated claims? Or are any of these ads true? How can you protect yourself from being scammed?…
HAVE debt problems taken over your life? Do you lie awake at night thinking how in the world you’re going to pay back your debts while still being able to support yourself and your family? Do you ever feel like you are working for nothing because all your income just goes to paying creditors every…
MOST people don’t talk about their debts because they find that conversation embarrassing. They can talk to their friends and family about everything else but when it comes to the subject of how much debt they are carrying, most people would not divulge any information. It makes them very uncomfortable. So what happens is that…
A LOT of people who don’t have a clue about how bankruptcy works are sometimes too quick to judge others who find bankruptcy as their only option to get out of debt. These people think that filing bankruptcy is something they will never do because it is ‘wrong to run away from your responsibilities’. This…
EVERY day, I meet with couples who are deeply in debt. In a lot of cases, I can feel the stress level that they are experiencing while the couple is in my office. Emotions often run high and you can feel the tension in the air. There can be a lot of finger-pointing, resentment, anger,…
IF you are delinquent on your debts, you may be able to avoid dealing with the bill collectors for a few months but sooner or later, you will still need to face the reality of your debt problems and do something to protect yourself. For example, creditors will probably wait until you are 60 days…
ARE you one of many people who needs to file bankruptcy but you are afraid that it may be the worst mistake you can ever make in your life? Are you thinking about what your friends and family may think if they ever find out about your filing? If you’ve never owned a home and…
IF you’re in debt and are considering bankruptcy as an option for you to get needed relief, perhaps just hearing the word “bankruptcy” makes you extremely nervous. Maybe the word conjures up images in your mind of losing everything you have and not having a financial future. Relax. It’s not what you think. Regardless of…
DO you need help with debt problems but are too embarrassed to even talk about them? Perhaps you’re under a lot of stress due to your finances but don’t even know where to turn for help. As a bankruptcy attorney, over the years I have met a lot of people who were simply too embarrassed…
ARE you seriously in debt and thinking of filing bankruptcy as a last resort? Individuals who have accumulated excessive debt are often left to ponder whether bankruptcy is their only realistic way to get out of debt. However, they hesitate to do so because of all the negative things they’ve heard about bankruptcy. Sometimes, these…
ARE you sick and tired of being in debt and having bad credit? Do you want to start over but simply don’t know where to begin? Is filing bankruptcy an option for you or are other options available? As we go into the New Year 2018, this is a good time to look at your…
IF you’ve made the decision to file bankruptcy in order to get a fresh financial start, which type of bankruptcy is right for your situation: Chapter 7 or Chapter 13? Here are some things to consider in choosing between the two. Be aware, however, that your income and expenses have a lot to do with…
IF you are up to your neck in debt, you may feel that you have no choice but to file for bankruptcy. But perhaps you’re dreading to make that decision because you’re unsure if it’s the right option for you. One thing I’ve learned is that most people often get conflicting information from the wrong…
IF you are struggling with debt and have done everything you can to no avail, bankruptcy may be the only way for you to wipe the slate clean on your financial troubles. Some people have gotten so behind on their debt payments that it has become impossible for them to catch up. Creditors are calling…
YOU’VE probably seen a lot of these ads: “Settle your debts for pennies on the dollar!”, “Reduce your debts legally without filing bankruptcy!” “Stop bill collectors now and pay them only what you can!” Are all these just exaggerated claims? Or are any of these ads true? How can you protect yourself from being scammed?…
THIS is one thing I hear from people all the time: “If you ask me, I really hate doing this but I feel I have no choice.” Of course, no one ever wakes up one morning and decides to just file bankruptcy without seriously thinking it over. Usually, people spend a lot of time going…
WHEN you are facing money troubles, sometimes bankruptcy can be the quickest and best way to get out of debt and get immediate relief from stress and anxiety. But is it really worth it? If you are facing a lawsuit, wage garnishment or foreclosure, you may not have a choice to file bankruptcy right away…
JUST a mention of the word “bankruptcy” is enough to scare some people to death. Their minds are immediately filled with horror pictures of creditors taking away their home, business, savings, retirement plans and everything that they have worked so hard for. They imagine themselves hiding in shame from everyone or being put in a…
IF you are experiencing debt problems, you may find it difficult to talk to other people about it to the point that you are not getting the help that you need to find a solution. I understand. Debt is a very personal matter so most people don’t feel comfortable discussing it with anyone. Like most…
ARE your growing debts starting to worry you and cause you sleepless nights? Are you trying hard to pay what you can every month but feel like you’re just running on a treadmill and not getting anywhere? Do you dread getting those credit card statements every month knowing that you don’t have the money to…
“If your finances are out of control, you need to do something about this situation- the sooner the better. You don’t need to face debt problems alone. Help is available but you need to take action.” One of the things that stop people in finding a solution to their debt problems is the fact that…
WITH credit card debt approaching $1 trillion according to the Federal Reserve, there is no doubt that thousands and thousands of families who can’t pay their credit card debts are struggling financially. The average family now carries a balance of a little more than $16,000. Now, this may not seem like a lot, but for…
Are you thinking of hiring a debt settlement company to help you solve your debt problems? Before you do, maybe you should read this article as it could save you a lot of money and frustration. One reason many consumers hire a debt settlement company is that their debt amounts have become simply unaffordable to…
FILING bankruptcy can be very stressful and uncomfortable for people who are facing a financial crisis for the first time in their lives. But a lot of the anxiety involved can be alleviated by simply understanding the process and keeping things in perspective. Oftentimes, people are so focused on their current financial problems that they…
LIKE most people, you’ve probably heard that filing for bankruptcy when you are in debt will ruin your credit forever and that you will never be able to buy a car or a home again. Nothing could be further from the truth. Is it actually possible to improve your credit rating by filing for bankruptcy?…
ARE ou urrently verwhelmed with debt problems that you can no longer handle on your own? Thinking about filing for bankruptcy but are afraid to make a decision? Do you feel stuck and paralyzed in your situation, unable to take any action? Maybe just thinking about your situation gives you this sick feeling in your stomach that won’t…
