The decision to declare bankruptcy should never be taken lightly, since the impact on your ability to get credit can last for years. For many, bankruptcy is a final, desperate option that occurs only when they are about lose everything to foreclosure and wage garnishments. The threat of losing basic human necessities like a home and utilities creates a compelling reason to file bankruptcy and take advantage of one of the key benefits of bankruptcy, the automatic stay. [Read More]
Disability Benefits: Refuting Two Myths
When a person is unable to work, it can create severe hardships for both them and the family or friends that will take care of them. There are disability benefits available to help individuals that are unable to support themselves. However, this is one of the more commonly misunderstood government benefits programs. Having the following two notions concerning disability benefits refuted will help you to be better informed about your options. [Read More]
3 Reasons To Hire A Bankruptcy Attorney When Filing
When filing for bankruptcy, you need to make sure you do everything correctly. Filing the wrong paperwork can lead to a disruption in your case or having to complete an Amendment Form. You also may still have creditors after you even as you file, which can lead to stress or pressure to pay off certain debts at the last minute. A bankruptcy attorney can be helpful to you in many ways. [Read More]
Your Car And Chapter 7 Bankruptcy: What Options Do You Have?
Declaring bankruptcy can be extremely stressful, especially as you wait for the bankruptcy proceedings to finish. A Chapter 7 only adds to that stress, as you must decide what to do with your various debts. When it comes to your car, how you should proceed is determined by whether you own, lease, or are making payments on your car. What if You Own Your Car? A Chapter 7 bankruptcy handles your debts differently than a Chapter 13. [Read More]