The decision to file for bankruptcy is never an easy one but for most people, bankruptcy is the most effective, straightforward way for them to protect their financial future. Hiring a bankruptcy attorney is the right choice because your attorney can help you navigate the tricky landscape of bankruptcy law and ensure that as many of your assets as possible are protect
- If you are fed up with your finances and debt load and you're ready to take a step towards financial freedom, declaring bankruptcy may be the solution. Bankruptcy offers a way out of debt, and it might be the right option for you. Before you file the bankruptcy papers, you must complete some steps, though. Here are the five main steps you must complete before you subm
- Using bankruptcy as a tool to get out of debt works well for many people, but it is not always an instant solution. If you use Chapter 13, your case will take time. If you are thinking about using this branch of bankruptcy, it might be helpful to understand how it works before working with a lawyer on your case. If you would like to know how it works, you should under
- One misconception people have about Chapter 7 bankruptcy is that it eliminates all debts. While there are situations when this is true, this is not the typical result. A common result of Chapter 7 bankruptcy is the forgiveness of some debts but not all. If you are thinking about using this option and want to know the effects it has on debts, keep reading to learn how
- If you received a letter from the IRS telling you that you owe them money, this letter will be the first of many attempts from the IRS to collect the debt you owe. You should not ignore the letter hoping it goes away because it will not go away. The IRS will begin using other methods to collect the money you owe. Therefore, you should act right away to find a way to s