Bankruptcy articles can include information about Chapters 7 and 13 for consumers, as well as Chapter 11 for business.

When is it Time to Consider Bankruptcy?

, , ,

If you are feeling harassed by bill collectors or credit card companies, it might be time to consider filing for bankruptcy. Bankruptcy is a type of court proceeding in which a judge examines the assets and liabilities of a person filing for bankruptcy to decide if that person’s debts should be discharged; in other words, […]

Debt Settlement VS Bankruptcy: Which is Best?

, , , ,

Attorney David Shuster | 888-365-0921 | Free Consult “It’s something that’s free, it’s easy, it doesn’t take long. Get on the phone and you’ll find out your options when you talk to an attorney.” If you’re feeling overwhelmed by debt, what are your options? What are the advantages of debt settlement over filing for bankruptcy? […]

Can You Meet With a Bankruptcy Attorney Online?

, , , ,

Attorney David Shuster | 888-365-0921 | Free Consults “So what they can expect is essentially anything that they would need in an attorney and any question that they have could be answered in a more efficient process for both parties thanks to technology.” During this extraordinary health crisis, everyone is seeking to minimize person-to-person contact […]

Can Bankruptcy Discharge Student Loans?

, , , , ,

Student loans typically are not dischargeable under bankruptcy law. That said, there are narrow exceptions. Even when student loans are found dischargeable under these narrow circumstances, it’s a challenge for a bankruptcy filing to discharge all student debt. Generally speaking, it’s not possible, unless the student can prove an “undue hardship.” Proving You Have an […]

Why You Shouldn’t Be Scared of the 341 Creditor Meeting

, , ,

Bankruptcy has a negative stigma that is entirely unwarranted. Bankruptcy is a service provided by the government, giving you a second chance to start fresh and get back on your feet. You’re not giving up; you’re getting help. However, the 341 creditor meeting can seem intimidating if you’re unfamiliar with the process. What Is the […]

Can I Discharge a Tax Debt through Bankruptcy?

, , , ,

It honestly depends. Whatever the case, don’t believe what you hear about tax debt discharge on the radio, or even on TV, because the fact is this: tax debts often can’t get liquidated or eliminated in bankruptcy. If you’ve filed for a Chapter 7, you’ll most likely still owe them. If you’ve filed for Chapter […]

Do You Really Need a Bankruptcy Lawyer?

, , ,

The short answer to this? Probably. The truth is that although some people opt to file on their own (“pro se”) instead of a getting help from a bankruptcy lawyer for whatever reason, many folks mess up and put themselves in an even more difficult position. Many others find themselves in a discharge suit threatening their automatic stay. […]

Weakened Military Lending Act Could Leave Service Members Unprotected

, , ,

The Military Lending Act (MLA) was passed into law in 2006 to protect military servicemen and women from shady lending practices. This is because, unfortunately, greedy fraudulent lenders come from all directions to use abusive tactics to take advantage of this particular population and their families. An Explanation For Why MLA is Necessary Paul Kantwill, […]

Word Battle Over Bankruptcy Dischargeable Debt Settled by Supreme Court

, ,

Times are hard for many people in America when it comes to financial burdens, and for some people, the answer is to file for bankruptcy and release any dischargeable debt. Every debtor needs to understand that the whole point of the Bankruptcy Code is to help “honest but unfortunate debtors” get back on their feet. […]

Here’s How the New Tax Law Affects You

, , , , ,

Tax season has come and gone, but there are some things you should know about the new tax bill that will affect your 2018 taxes next year. This is a particularly important reform since it is the largest reform in over thirty years, as well as one of the most complicated. First, Some Basics Explained […]

infrastructure and roadway injury

Keep Your Car, Lose the Staggering Payments

, , ,

Yes, it’s true. Even when going bankrupt, you may not have to get rid of your car (or even real estate investment)! Instead, if you are able to file a Chapter 13 “wage earners” bankruptcy, then you could be able to reduce your principal balance and restructure your vehicle installment loans, or you may be […]

Got Creditor Harassment? Take Your Debt Seriously: Jail is a Real Possibility

, , ,

The fate of many households around America hangs in a balance between living off of credit and simultaneously digging themselves out of debt. If they slip, they may be shocked to find themselves facing time behind bars.   It IS Possible to Go to Jail for Private Debts Initially, incarceration was only imposed upon those […]

Bankruptcy: How the Automatic Stay Keeps Your Creditors at Bay

, , ,

If you are going into debt and worried about folks coming after you for payments or taking away your possessions, you should know about a temporary remedy called “the automatic stay.” What is the Automatic Stay? It’s a really valuable break that allows the borrower a set amount of time to sort out their financial […]

Deciding to File for Bankruptcy, Now What?

, , ,

If you are considering filing for bankruptcy, don’t worry. You aren’t alone. Although it isn’t the ideal situation, it can be incredibly useful for helping you get back on your feet. Many people have found that after biting the bullet, they regain control of their finances over time. Filing for bankruptcy can: Halt all of […]

student loan relief


, , , , ,

There are 44 million Americans swimming in a collective pool of $1.4 trillion student debt at this time, and sadly, this just makes crooked and greedy types see a vulnerable population to exploit. If you or someone you care about is struggling to find student loan relief, especially if they are facing financial hardship or […]

The Risky Truth About File Sharing and Intellectual Property

, , , , ,

In 2013, Joel Tenenbaum was charged with illegally downloading and sharing copyrighted files.  He was accused by Sony BMG Music Entertainment, Warner Bros. Records, and UMG Recordings for violating U.S. copyright law.  The assessed damages were $675,000, but the judge reduced it down to $67,500.  The reduction was appealed, the $675,000 was reinstated, and Tenenbaum […]

iowa collective bargaining

What are Consumer Protection Laws?

, , , , ,

Consumer protection laws are federal and state statutes that regulate seller and lender practices concerning consumer goods. The Consumer Product Safety Commission (CPSC) and Federal Trade Commission (FTC) are federal agencies that handle product safety standards and consumer complaints, respectively. These laws typically go beyond the traditional legal remedies available for breach of warranty. These […]