Chapter 7 vs. Chapter 13

Depending on your case, you’ll file either in a chapter 7 or a chapter 13 bankruptcy. Most people file chapter 7 bankruptcy, because it is the fastest and easiest way to get out of debt. Still, Chapter 13 is useful if you have extremely valuable property or if you’re trying to stop a foreclosure. This post will provide information each … Continue reading »

Stop Garnishments

The key to surviving a garnishment is to act quickly. When a creditor garnishes you, then can take up to 25% of each paycheck.  This is incredibly hard on families.  Most people can’t survive financially if they lose 25% of their paycheck. A garnishment starts when you a creditor gets a judgment against you.  The creditor gets a court order … Continue reading »

Bankruptcy Myths

Many people hesitate to file bankruptcy because they are afraid of the consequences, they are ashamed, or they don’t understand bankruptcy process.  In this post, you will find some bankruptcy basics and get rid of some common misconceptions about bankruptcy. Didn’t the 2005 bankruptcy law make it almost impossible to file bankruptcy? No.  The 2005 bankruptcy law made a lot … Continue reading »

Bankruptcy Stops Foreclosure

Bankruptcy Stops Foreclosure A foreclosure is stressful and complicated.  You only have a short time to decide whether you want to get rid of your home or save it.  The decision to get rid of your home is extremely difficult. In order to make that decision you need to know your options. An experienced bankruptcy attorney can help you understand … Continue reading »