Will Your Bankruptcy Be Quick and Easy?

If you have decided that a bankruptcy filing is in your plans, you can expect things to go smoothly in most cases. Your bankruptcy experience can be either quick and easy or it might take a bit more time and attention to be resolved. Read below to learn what factors affect your bankruptcy. Income Issues – More money is not always a good thing. Chapter 7 filers have to stay at or below their state's median income level or take additional steps. Read More 

Can You Stop The Trustee From Taking Excess Funds In A Retirement Account?

Retirement funds are protected from being confiscated in a bankruptcy case to pay creditors, to a point. While ERISA accounts are 100-percent exempt, the funds in non-ERISA ones like IRAs are only exempt up to $1,362,800. If you have more than that, the bankruptcy trustee will take those excess funds and apply them to your bill. However, here are two things you can do to possibly avoid that. Use Wildcard Exemptions Read More 

Facts To Help You Deal With Bankruptcy And Payday Loans

When money troubles happen, problems can begin to pile up. Some who want to put off filing for bankruptcy may consider other ways to help them make ends meet and pay the bills. One easy and quick way to obtain money is through a payday loan. Read on and find out more about these loans as well as what might happen when bankruptcy is filed after taking advantage of one. Read More 

Stretched Too Thin And Having Credit Difficulties: Why Bankruptcy Might Be A Good Option

Financial difficulties can strike anyone at any time. Even savvy business owners can hit a financial wall and be crushed under the weight of it. If you are stretched too thin because your income has decreased or your bills are more than you can pay, it may be time to consider a Chapter 7 bankruptcy. If you are having credit difficulties along with the the money problems, consult with a Chapter 7 bankruptcy attorney. Read More 

The Costs Of Filing For Bankruptcy And Your Options When You Cannot Afford It

Bankruptcy is something that can help you find relief from debts, but it is not free to use. There are costs associated with it, and the costs of bankruptcy often stop people from using it as they cannot afford it. If you really need help financially and are considering bankruptcy, it is important to understand the costs you may face as well as options you have for paying for your case. Read More