Legal Blog

You Qualify for Chapter 7 Bankruptcy, But Is It Your Best Choice?

Chapter 7 is the most common consumer bankruptcy. This bankruptcy type resolves debt under federal court protection. Unsecured debts, or those with no collateral, are often forgiven. Generally, credit card debt, personal loans, and medical bills are covered, but back taxes, student loans, and alimony and child support are not. Due to credit reports, it will be harder to get [...]

2020-09-22T08:34:06+00:00Bankruptcy|

What Happens to Your Personal Properties and Investments After Bankruptcy?

When declaring personal bankruptcy, one of the filer’s main considerations is his or her willingness to give up certain properties and assets. Although retaining a property such as a home, car, or certain investments would depend on the type of bankruptcy filed whether it was under a secured or unsecured debt, this post gives you an overview of what to [...]

2020-08-10T05:44:31+00:00Bankruptcy|

Post-Bankruptcy Car Loan Scam! Reaffirm Instead!

I am always amazed how low some organizations can be when preying on people who have filed for bankruptcy. A client recently passed along a solicitation letter that she received in the mail. It is an obvious post-bankruptcy car loan scam. Basically, this letter says that once you file for bankruptcy, all your creditors will stop reporting activity on lines [...]

2020-07-24T14:22:14+00:00Bankruptcy, Chapter 7|

Is DocketBird a Scam for Bankruptcy Filers?

It has come to my attention, that clients feel like they are being scammed by an outfit called DocketBird. According to their website, DocketBird is the most advanced, user-friendly application for accessing federal court case information. Basically, it appears the they mine data from PACER (Public Access to Court Electronic Records) for their customers. PACER, an official website of the [...]

File Bankruptcy and Be Done Being Scared!

The thought of personal bankruptcy creates fear for many people. But the truth is, there are greater fears that bring you to the brink of filing for bankruptcy. So rather than focus on the fear of bankruptcy, here is a different perspective – file bankruptcy and be done being scared. Let me explain further. Are you scared that your bills [...]

My Employer Closes or Files for Bankruptcy, Now What?

What Happens if My Employer Closes or Files for Bankruptcy? Lately, not a day goes by that we do not hear about another well-known business filing bankruptcy due to COVID-19. In fact, I just came across an interesting article from NBC News. It is called Which major retail companies have filed for bankruptcy since the coronavirus pandemic hit? Here's the [...]

Go to Top