About Me

Working With A Bankruptcy Professional

A few years ago, when I realized that I couldn't pay my mortgage anymore, I knew that I needed to do something to correct my finances. It seemed like I just couldn't catch a break, and after losing my job, I knew that I was in trouble. I started looking for new work, but I knew that I needed to fix my credit somehow. I was at the end of my rope, until a friend talked with me about the possibility of declaring bankruptcy. She explained that it helped her to start over. I met with a bankruptcy attorney who was incredible to work with, and I was amazed at how much it helped my situation. Check out this blog to learn how working with a bankruptcy professional could help you.


Working With A Bankruptcy Professional

    The Worst Mistakes Made When Applying For Bankruptcy

    Declaring bankruptcy should ease your financial stress and give you a fresh start. However, your application might produce unfavorable results if you don't follow the right steps. Unfortunately, this might worsen your situation because it will allow creditors to take legal action against you. Besides, some errors might get you into trouble with the court, and the judge might order you to pay a fine or sentence you to prison for fraud.

    Considering Bankruptcy? Be Careful With Your Credit Use

    Credit cards are relatively easy to acquire and use, but it can be challenging to pay what is owed. The ease of use has contributed to many consumers having to file for chapter 7 bankruptcy. Once a consumer's credit card balance climbs, the minimum payment each month may be difficult to meet. However, if you are planning to file for bankruptcy, how you handle your credit card use beforehand can affect your ability to obtain a financial fresh start.

    Don’t Be Nervous: How to Handle Your Chapter 7 Creditor’s Meeting Easily

    After you file chapter 7, you will be asked to appear at the 341 meeting (named after the bankruptcy code number). Most people, though, refer to this event as the creditor's meeting. This meeting is nothing to get worried about, and after reading the information below, you will be more than ready for it. Be Ready for the Meeting Your goal is to arrive on time (or early) because late-comers could be locked out and be forced to reschedule.

    Holiday Spending Put You Even More In Debt? What You Can Do

    If you were already struggling financially and the holidays have put you even further over the edge, you may need to figure out your finances for the coming year. One of the things you can do to ease your finances and set off the next year on the right track is to file for Chapter 13 bankruptcy. Chapter 13 bankruptcy is not a forgiveness of your debts but rather a debt repayment plan to pay back your debts on a payment plan that is affordable to you.

    What Should You Stop Doing Before You File Bankruptcy?

    You may have taken on debts with all intentions to pay them off, but sometimes, life happens. You may lose your job, face health issues, or even see your salary substantially change. Unfortunately, these life changes can make it impossible to pay off the debts you owe, and it can rapidly become a dire situation. Filing bankruptcy can save you from complete financial ruin and the stress that goes along with debt collection processes.

    Bounce House Injuries And Taking Action

    Some people have witnessed an inflatable bounce house flying through the air. Even with no one inside at the time, those videos have the power to send chills of fear in most. As long as the people responsible for the bounce house know what they are doing, this recreational attraction can be a safe way for children to burn off some energy. What should be a fun way to entertain children at outdoor events, however, may not be as safe as parents would like.

    When You Don't Want To File For Bankruptcy: Smarter Approaches To A Debt-Free Life

    Bankruptcy should always be a last-ditch effort at unloading debt. Considering the ugly impact that bankruptcy can have on your credit over the next ten years, you should seriously consider and weigh the consequences of this option before following through on it. If you want to explore other options, consult with a debt consolidation attorney. Here is some of the advice such an attorney might give to you: ​Organize Your Debts from Highest and Oldest to Lowest and Youngest

    2 Reasons To Consider A Chapter 13 Bankruptcy Filing

    One of the hardest parts about filing for bankruptcy is trying to decide what type of bankruptcy is the best fit for your financial situation. Listed below are two reasons to consider a Chapter 13 bankruptcy filing in order to help you make your decision a bit easier. Get To Keep Your Property One of the biggest differences between a Chapter 7 and Chapter 13 bankruptcy is the fact that you do not have to give up as much property when you file for a Chapter 13 bankruptcy.