Contact bankruptcy attorneys now for your FREE debt consultation 855.536.9231

Category Archives: Debt Relief

Taking Advantage: Bankruptcy Fraud

Bankruptcy is a welcome but serious tool for consumers and businesses in need of structured debt-relief. When debt-relief tools such as consolidation or debt settlement are not enough to address debt or improve pay-down ability, filing Chapter 7 or Chapter 13 bankruptcy can be good options. Relief from debt through bankruptcy is based on identification… Read More »

What Was Old Could Be New

Bankruptcy is an opportunity for a fresh financial start. We talk frequently about the consequences and benefits of debt-relief through filing for bankruptcy. Although individuals and businesses file for Chapter 7 bankruptcy every day, it is not often a household name is included among those aiming to wind down their debt — and their business…. Read More »

Relief from Aggressive Collection Tactics

Coping with the stress of overwhelming debt is a difficult task. That task is often made worse by the aggressive tactics of collection agencies. Just as bankruptcy provides relief from debt, new regulation taking effect in January 2013 aims to provide relief from aggressive or illegal collection efforts that accompany unmanageable debt. In October of… Read More »

Debt Relief for Military Personnel

The men and women of our armed forces and their families make huge sacrifices every day to protect our freedoms. And all the while, they still have to run their own financial lives, often from thousands of miles away. This can be especially problematic for service members who are named as defendants in civil actions… Read More »

How Bankruptcy Can Help You Negotiate with Creditors

When it is feasible, negotiating with creditors is an excellent alternative to bankruptcy that allows troubled borrowers to resolve debt while minimizing credit consequences. But negotiation requires leverage. If the amount or validity of a debt is not in dispute, a lender usually has no incentive to negotiate. The prospect of bankruptcy, however, can give… Read More »

Student Loans and Bankruptcy

Student debt in America recently crept above one trillion dollars, meaning that Americans now owe more on their student loans than they do on their credit cards. And the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) changed the rules so that no student loans — public or private — could be discharged… Read More »

Some Ways to Avoid Bankruptcy

Before deciding to declare bankruptcy, seriously consider some of the following alternatives. Trim your budget everywhere you can. Make a list of your regular expenses and go over it carefully. Can you pack a lunch instead of buying one at work?  Can you jog and work out at home so you don’t have to pay… Read More »

Putting an End to Debt Collector Harassment

Anyone can fall behind on their bills. And creditors certainly have the right to let you know that you are behind on payment and to ascertain whether you intend to pay your bills at all. But creditors do not have the right to harass you in any of the following ways: Using foul or obscene… Read More »