Unfortunately, bankruptcy filings are staggeringly common in the United States. In fact, 817,000 consumer bankruptcy cases were closed during 2017 alone, with the majority of those closed being categorized as Chapter 7 bankruptcy filings.
The data shows that you certainly would not be alone in your choice to file for bankruptcy. And yet, too many people choose to file on their own —...Read More
There’s little doubt that the novel coronavirus pandemic will continue to impact the American economy for many months, if not years, to come. As businesses and schools remain closed and residents are urged to stay home as much as possible, it’s understandable that many people are stressed about how they’ll earn a living.
The reality here is that you aren’t alone in...Read More
Before we launch into the benefits of Chapter 7 bankruptcy attorneys, it’s important to understand the nature of exactly what Chapter 7 bankruptcy is. A Chapter 7 bankruptcy, also called a liquidation or straight bankruptcy, can be used to clear debts, and give you a fresh start. However, the statutes regarding Chapter 7 filings can be complicated. Filing too soon or failing to use certain...Read More
Many factors can put you into debt. Before you know it, you might be drowning in it. Whether your debt is the result of poor financial habits such as overspending or an inability to earn enough, this issue is more common than you might think. You could also get into debt because of a bad economy — which is a scary reality for many Americans grappling with COVID-19 income loss. Through no...Read More