If you’re getting deeper and deeper in debt by the day, the funds sitting in your IRA may be looking pretty good right about now. Perhaps you have big medical bills, thousands in credit card debt, past-due utility bills and you’re barely able to pay your monthly housing expenses. As the sleepless...
Is My Spouse Responsible for My Debt When I Die?
If you’re like most people, you dislike contemplating your own death. So many people find the thought of dying morbid, that’s why it’s common for people to avoid visiting with an estate planning attorney and they end up dying without a will. You may not like thinking about dying, but have you ever...
Are You Living Paycheck to Paycheck?
“Do not spend a dime until I get paid on Friday, otherwise we’ll be overdrawn in the bank account!” Does that sound familiar? If so, you’re probably living paycheck to paycheck just like 78% of America’s workforce, according to Career Builder™. If you don’t know why your paycheck keeps...
Will Chapter 7 Wipe Out All of My Debt?
If you’re dealing with crushing debt and you feel you’re running out of options, you may be considering filing a Chapter 7 bankruptcy. While Chapter 7 bankruptcy can be an ideal option for many debtors, it’s not the right solution for everyone. Is Chapter 7 bankruptcy right for you? The right...
When Does Bankruptcy Make Sense for Seniors?
With the cost of living increases, inflation, and rising healthcare costs, it’s no wonder why some senior citizens file for bankruptcy relief. If you’re a senior citizen who is considering filing a Chapter 7 or Chapter 13 bankruptcy, you will have some unique factors to consider, which don’t...
Chapter 7 or 13 Bankruptcy? Which One is Right for Me?
You’re sitting at the kitchen table going over all of the bills you have to pay. As you look at the due dates and compare them to the balance in your checking account, they don’t add up. In fact, you’re wondering how you’re going to cover your minimum payments on your credit cards. You may even be...
How to Save for Christmas Early
Now that it’s December, we’re deep in the middle of the holiday season and as bankruptcy attorneys, we can’t help but think about the number of debtors who will be putting Christmas gifts on credit cards because they don’t have the extra cash laying around to afford a “nice Christmas.” Christmas...
How Long Does Negative Information Stay on Credit Reports?
As a child, you probably didn’t put much thought into your future credit score, if any at all. But when you turned 18, all that probably changed. Suddenly, you’re shopping out auto loans, considering getting your first credit card, and hunting for an apartment or house to rent. Sure, you could...