Following on from the news that Toys R Us filed Chapter 11 Bankruptcy in September, we thought we’d explain more about why a company would file for Chapter 11 Bankruptcy, and how it compares a person filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Business bankruptcies and personal bankruptcies have two basic similarities: 1. … Read more »
Mortgage company changes mind over unjustified attorney’s fees
We recently filed a Chapter 7 Bankruptcy for someone who continued to pay their mortgage throughout the 3 months of their Chapter 7. We knew that the mortgage company was in no danger of taking a loss, as all payments were current, and the mortgage company did not have to do any extra work because… Read more »
How to be the Perfect Bankruptcy Client
We often talk about what you need to know, and what you need to do when it comes to filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. This time we’re going to advise you how to behave, so that you’re the perfect bankruptcy client. Follow these tips and make your bankruptcy quicker and easier… Read more »
4 of The most common myths that surround bankruptcy
There are few things in life as daunting as declaring yourself bankrupt. But in these difficult financial times, this is a decision that many people face as they look to rebuild their lives. Even in today’s economic climate, the issue of filing for bankruptcy is shrouded in myth, mystery, and negative rumors. So here are… Read more »
10 Things that take longer than a Chapter 7 Bankruptcy discharge
In our experience, you can expect your discharge after 180 days (6 months) of filing for Chapter 7 Bankruptcy. This time we’ll take a more light-hearted look at some of the things that take longer than a Chapter 7 Bankruptcy. In no particular order, here are our top 10. 1. Pregnancy We all know that… Read more »
Why the cost of filing for bankruptcy varies
The cost of filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy can vary enormously between bankruptcy attorneys within the same city, state, and across America as whole. We’ll explain some of the reasons why the cost of filing for bankruptcy differs, and what the reasons mean for you. 1. Cost of living The cost… Read more »
10 Reasons you can’t afford Chapter 13 repayments
Even though you’ve successfully filed for Chapter 13 Bankruptcy, through no fault of your own you may still be affected by the same or different issues that made you file for bankruptcy in the first place, so you might still struggle to make your Chapter 13 repayments. Here in no particular order are the 10… Read more »
What happens if you can’t afford chapter 13 payments?
If your financial situation changes and you can’t afford Chapter 13 Bankruptcy payments, then you’ll be worried that your case will be dismissed, and that you’ll still have your debts, and are not able to afford to pay them back. Fortunately, help is at hand, and you’ll soon be able to decide on the best… Read more »
What will your bankruptcy attorney fees cover?
If you’re watching every penny, and think that bankruptcy attorney fees are expensive, then you’ll want to know exactly what you’re getting for your money. There are potential risks with choosing a cheap bankruptcy attorney, so you’ll want to know what our bankruptcy attorney fees typically cover: 1. Talking to you to fully understand your situation We’ll… Read more »
Is the cheapest bankruptcy attorney the right one?
Should you choose the cheapest bankruptcy attorney in Minnesota? When it comes to choosing a bankruptcy attorney in Minnesota, you are likely to be concerned about the cost of filing for bankruptcy and be considering the cheapest bankruptcy attorney. After all, if you don’t have the money to pay your bills and service your debts,… Read more »
