by KaitlynB | Oct 7, 2021 | Bankruptcy
Did you know that Americans owe more in mortgage debt than any other type of debt? Last year, total U.S. mortgage debt reached a new record of nearly $9.5 trillion. Becoming a homeowner is undoubtedly a part of the American dream, but millions of people struggle to...
by KaitlynB | Oct 7, 2021 | Bankruptcy
When you ask an attorney (or the internet) whether bankruptcy can eliminate your student loan debt, the answers may vary. This is because student loan debt is technically dischargeable, but you need to file an adversary proceeding (separate lawsuit) to do it. Very few...
by KaitlynB | Oct 7, 2021 | Bankruptcy
You’re either thinking about filing bankruptcy or you’ve already decided to do so, but now you’re needing more information about the bankruptcy discharge. You probably have questions like, “What is the discharge exactly?” and “Do I have to pay my creditors back after...
by KaitlynB | Oct 7, 2021 | Bankruptcy
We’ve seen it at our firm over and over again: A client comes to us and they feel ashamed about wanting to file bankruptcy. Somehow, they believe there is a stigma about filing bankruptcy and they feel as if despite their best efforts to pay their bills, they’ve let...
by KaitlynB | Oct 7, 2021 | Bankruptcy
If you’ve done any research about Chapter 7 bankruptcy, you may have read about how the bankruptcy trustee gathers the debtor’s non-exempt assets, liquidates them, and uses the proceeds to pay off creditors. “Non-exempt assets” refer to those assets that are not...
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