From Consumers to Corporations & Every Entity in Between We Provide Financial Assistance to All SEE WHAT WE CAN DO FOR YOU

Blog

Bankruptcy Terms

Understanding bankruptcy can feel like trying to decipher a foreign language. It's filled with terms that might seem complicated and even intimidating.

Read More

Can I Continue to Pay Into a Retirement Account Under Chapter 13?

If you have worked hard for decades to pay into your retirement accounts, including 401(k) and IRA, you might be worried about what could happen to these accounts if you file for bankruptcy.

Read More

Who Gets Paid First in Chapter 11 Bankruptcy?

If your business is struggling with too much debt, you may be considering Chapter 11 bankruptcy as a way to repay your creditors while staying open. As a responsible business owner, you may be wondering, “Which creditor will get paid first?”

Read More

Why an Attorney Is Important When Filing for Bankruptcy

Filing for bankruptcy can help individuals, families, and businesses going through financial difficulties to achieve debt relief and settle disputes with creditors. However, bankruptcy often involves several complex stages, and going through the process alone is never advisable. There are options for help -- such as hiring an experienced attorney -- for the best possible results.

Read More

Documents You Will Need to Submit to File for Bankruptcy

When you file for bankruptcy, you must submit a variety of documents to disclose information regarding your income, debt, expenses, assets, and other financial and legal affairs. The information you provide can affect the outcome of your bankruptcy case, which is why you cannot afford to make mistakes when filing for bankruptcy.

Read More

Reverse Mortgages and Bankruptcy: What You Need to Know

In the United States, older homeowners who are facing financial adversity may be able to seek out debt relief by filing for bankruptcy or taking out a reverse mortgage.

Read More

Does Bankruptcy Affect Social Security Income?

The thought of bankruptcy scares a lot of people. The concept brings up images of losing everything and never being able to get credit again. While those fears are not always correct, people that rely on Social Security income have the added fear that those funds can be used in bankruptcy to help pay off creditors.

Read More

Joint Accounts and Bankruptcy

When facing financial distress, filing for bankruptcy is among the promising solutions to help individuals, couples, and business owners achieve debt relief. However, different issues often arise when a person considering bankruptcy operates a joint bank account or co-owns a property with their spouse or family member.

Read More

Tax Issues: Which Chapter to Choose

For most people, filing for bankruptcy may feel overwhelming, mainly because they do not know what to expect once they file and how it can affect your financial and tax situations. You may face a unique combination of tax issues when filing for bankruptcy, depending on which chapter you choose.

Read More

How Will Bankruptcy Affect Me in the Workplace?

People worry about how filing for bankruptcy will affect their job or their job prospects going forward. In certain industries, generally, those that deal with money or finances, a filing might present some challenges, but for the most part, your current employer will probably never find out except under certain circumstances.

Read More