WHAT IS THE MEANS TEST? The chapter 7 Means Test is a system of calculations used by the bankruptcy law to determine if you qualify to file a chapter 7 bankruptcy based on your monthly income. The basics of the […]
Read MoreSince the COVID-19 Pandemic began, the U.S. economy has lost millions of jobs. People everywhere have been struggling to find their way through these turbulent times. The government is doing its best to help by passing various Covid related relief […]
Read MoreMany people may be searching for a bankruptcy lawyer to represent them in their potential chapter 7 or chapter 13 bankruptcy. Finding the right lawyer may be a tricky decision as every lawyer offers different services and charges different fees […]
Read MoreA question that comes up a lot in bankruptcy is what happens to debt and collateral when I have cosigned with another party? Will the other person still owe the debt? Will the other person be able to keep their […]
Read MoreMany times when a bankruptcy filer’s situation has not improved since the filing of a prior bankruptcy, it may become necessary to file another bankruptcy. If you are looking at the possibility of filing a second bankruptcy shortly after filing […]
Read MoreThe answers below are for questions that are commonly asked not only to myself but also on the internet searches about bankruptcy. These questions generally will apply to any chapter of bankruptcy that a person might file. In most cases, […]
Read MoreMany people are fearful of bankruptcy because they do not want to take a chance of losing their home, car or other property by filing bankruptcy. There are many stories that can be found about people who filed bankruptcy without […]
Read MoreThe information below contains some helpful tips on what to do if you are considering filing bankruptcy. The most important thing you can do is contact a lawyer for help before filing any bankruptcy. Know what property you can keep […]
Read MoreFor most people, bankruptcy is a last resort option when the financial situation worsens. However, with the Coronavirus causing widespread job losses, it may be the only option you have to save your home and car from being foreclosed or […]
Read MoreAs with any economic uncertainty, many businesses small and large are consuming resources to keep the business going. Many of these businesses may decide to look into the advantages of filing chapter 7 bankruptcy. But, which do you file, personal […]
Read More