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 »

401(k)s in Bankruptcy

When someone is in debt, they are starved for cash.  One source of potential cash is your 401(k) or IRA account.  You might think that tapping your 401(k) or taking out a 401(k) loan is a good idea, but it’s not. Your 401(k) is a Bankruptcy Safe Asset Your 401(k) is totally exempt in bankruptcy.  This means that no matter … Continue reading »