• How to Tell If You Are Bankrupt

    Bankruptcy cases in the United States are fewer than they were during the financial crisis in 2008. Statistics show that in 2014, the U. S. Court System Administration Office registered 936,795 cases. Compare that to the 772,646 cases in 2019, and you can see that fewer individuals and businesses are declaring themselves insolvent.

    However, when your best-laid plans don’t pan out, and you end up being unable to meet your debts, then filing for insolvency becomes a necessary option. But how do you know when you should declare yourself insolvent? Here are three signs that it may be time to look for a low cost bankruptcy attorney to remedy your situation.

    1. Creditors Are After You

    When your creditors keep demanding that you pay your debt, but you don’t hono Continue Reading

  • When In Need Of A bankruptcy attorney

    When In Need Of A bankruptcy attorney

    It’s very clear that when a person is facing bankruptcy that they are in need of a bankruptcy attorney. Having a bankruptcy attorney can be a massive benefit, given that they have a fundamental understanding of how bankruptcy law works, and how that can essentially be applied to anyone who gets in contact with a bankruptcy law firm. Bankruptcy is a problem that is currently growing in the United States, and based on the fact that people who are currently suffering from a problem such as that of bankruptcy it is not going away any time soon.

    Contacting A Bankruptcy Lawyer

    If a person needs to get a bankruptcy attorney, then doing the ample amount of research into a bankruptcy law firm can be a massive boost. By looking online, they can have a greater insight as to what kind of bankruptcy attorney they’ll need, and what benefits they can provide for them outside of their own unique ability to find debt relief. It Continue Reading

  • Why You Need an Attorney to Help With Financial Matters

    Many people associate getting an attorney for occasions such as divorce, child custody or changing their name. However, there’s a variety of reasons to have an attorney, such as dealing with probate law or needing help with regards to taxes. Over 1 million people get audited by the IRS every year and would benefit from a qualified attorney who has been through these types of situations before. Here are a few reasons why having a lawyer on hand can help in these types of financial situations.

    Estate Planning Needs careful Guidance

    Estate planning is a tricky subject, with many people having strong feelings about creating their will. Over 55% of people who are asked why they don’t have a will state they haven’t gotten to creating one. While this is understandable, it’s important to have a game plan for everything, including children, pets, businesses, and other assets you wish to pass on. It’s important to consult with an attorney skilled in creating wills a Continue Reading

  • The Best Ways to Ensure your Financial Wellness

    What is chapter 13 bankruptcy

    You have tried all other options. The time has come to look at the worst case scenario. After a rough couple of years financially, you are asking the question of how do I file for bankruptcy? Simply filing for bankruptcy does not have to wreak the rest of your life. There are several ways to rebuild your financial portfolio to put your life back on track.

    There are two types of personal bankruptcy: Chapter 13 and Chapter 7. Chapter 13 bankruptcy is rehabilitation with a payment plan for individuals with a regular source of income. This enables individuals with regular income to develop a plan to repay all or part of their debts. Chapter 7 is basic liquidation for individua Continue Reading