About Me

bankruptcy after an injury takes away income

Unfortunately, many of us don't have a safety net when it comes to our finances. Many Americans live paycheck to paycheck and if something happens that puts a stop to their income, debt begins to drown them. When my husband broke three ribs in a bicycling accident, we were left with only my income to survive and a ton of medical bills to pay on top of everything else. In those 12 weeks of recovery, we fell so far behind on our bills that there was no way to get caught up. Find out how bankruptcy helped us get on top again here on our blog.

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Understanding Foreclosure Defense Services: A Lifeline In Tough Times
12 December 2023

Foreclosure can be a daunting prospect for any hom …

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Bankruptcy And Your Credit Score: What A Savvy Attorney Can Do For You
23 March 2023

While filing for bankruptcy can be a helpful step …

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5 Things A Bankruptcy Lawyer Can Advise On Before Making A Decision
26 August 2022

When people are faced with overwhelming debt, it's …

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Frequently Asked Questions About Filing For Bankruptcy To Discharge Lawsuits
22 February 2022

When you aren't up to date with your credit card d …

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Three Reasons To Hire An Attorney To Help With Your Business Bankruptcy
30 August 2021

Many business owners are facing a variety of chall …

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bankruptcy after an injury takes away income

Understanding What An Automatic Stay Can And Cannot Do

23 March 2016
 Categories: , Blog

One of the main benefits of a bankruptcy filing is undoubtedly the automatic stay. This powerful legal action serves as a virtual "stop sign" for bill collectors, foreclosures, evictions, and utility shut offs. Once you have filed your bankruptcy petition with the federal court, you are immediately protected from several different types of collection activity, however, the automatic stay doesn't apply to every single debt you owe. To find out what the automatic stay can and cannot do, read on. Read More 

When Bankruptcy Laws Change Mid-Filing: What To Expect

21 March 2016
 Categories: , Blog

Bankruptcy laws have undergone some overhauls in recent years. The changes were made to prevent frequent and ridiculous expulsions of debt but still allow responsible people the ability to address their debts and choose how to deal with them. For those who were filing for bankruptcy just as the laws were being changed, there was probably a lot of concern. If and when you choose to file for bankruptcy and the laws change again, here is what to expect from the bankruptcy courts and your lawyer. Read More 

Is Your Business In Financial Trouble?: Alternatives To Bankruptcy You Should Try First And Why

21 March 2016
 Categories: , Blog

Many business owners, when their businesses start floundering financially, look to bankruptcy attorneys to file for bankruptcy. While this is a perfectly normal and acceptable option, your bankruptcy attorney is still going to ask you what you have done to correct the fiscal problems on your own. If you really have not done much, your lawyer may suggest that you take the following legal actions before pursuing a bankruptcy so that you can keep your business and keep it going. Read More 

Filing For Bankruptcy: A Primer

18 March 2016
 Categories: , Blog

Filing for bankruptcy can be a difficult experience, especially if you have never experienced it before. There are a few steps in filing for bankruptcy that you should probably know about before you get too deep into the situation. Throughout the course of this brief article, you'll learn a little bit about what you should do before and when you're filing for bankruptcy. Find An Attorney It is imperative that the attorney you hire specialize in bankruptcy and have a robust understanding of Chapter 7, Chapter 11, and Chapter 13 bankruptcy filings. Read More 

3 Signs That It Might Be Time To Consider Filing For Bankruptcy

17 March 2016
 Categories: , Blog

Before you jump head first into filing bankruptcy, you might want to make sure that it is something that you are truly ready for. To help you figure this out, you might want to take a few moments to review the following signs. You Can't Improve Your Debt-To-Income Ratio Your debt-to-income ratio is how much debt you have compared to how much income you have. You need to have enough money every month that you can pay for all of your expenses and have a little left over for emergencies. Read More