May 3rd, 2012 by Reed Allmand 
If you are thinking about filing bankruptcy you may wonder which chapter is best for your financial situation. While you can get a better idea by discussing your circumstances with an experienced bankruptcy attorney, you may be able to gain an idea based how each chapter is meant to help the consumer. When bankruptcy is [...]
More...March 21st, 2012 by Reed Allmand
When considering bankruptcy, it is important to review your income and assets; having accurate records of your finances will help the filing process move forward. But what if you are planning to relocate to a different state in the near future? The income requirement will be based on which chapter you intend to file and [...]
More...February 29th, 2012 by Reed Allmand
If you are considering filing for bankruptcy, you’ll want to review the credit counseling requirements that need to be completed in order for debt to be discharged. There are organizations that have been approved by the federal government to provide credit counseling and debtor education. Debtor education is also a mandatory requirement that is separate [...]
More...February 21st, 2012 by Reed Allmand
Debtors looking to seek bankruptcy protection often are unable to make debt payments or want to have their debt reorganized so that it is easier pay on what is owed. Bankruptcy can help debtors deal with their finances but certain financial decisions made before filing may make your case more challenging and even decrease chances [...]
More...February 17th, 2012 by Reed Allmand
Making the decision to file bankruptcy can be the first step toward reaching financial freedom. Now you’ll want to get prepared for your next step: meeting with your bankruptcy attorney. Being prepared for the first meeting with your attorney can save time and money. The first meeting is quite important since you and the attorney [...]
More...February 2nd, 2012 by Reed Allmand
Notifying your creditors about your decision to file bankruptcy is a personal option. It may depend on how comfortable you are talking about it as well as how soon you plan to file. Many people who file often don’t say anything to their creditors, instead they wait till the courts notify them in order to stop [...]
More...January 25th, 2012 by Reed Allmand
The bankruptcy process for many may actually begin long before you actually have paperwork filed with the court. Deciding whether or not to file should be reviewed beforehand and it may include talking to several professionals about your financial situation. Not only will you be reviewing your situation, you’ll also be able to collect useful [...]
More...January 20th, 2012 by Reed Allmand
A lengthy period of unemployment often contributes to growing debt obligations. After finally gaining employment you feel like you have the opportunity to get your finances back on track, or at least, work toward getting your finances in better order. When you were out of work you may have explored the option of filing for [...]
More...January 18th, 2012 by Reed Allmand
Bankruptcy may be your best option if you have exhausted other debt reduction options and still find yourself falling further behind . Even if you have filed bankruptcy in the past, you may qualify to file again. If you are considering bankruptcy it is important to review outstanding debt amounts, understand what debt can be [...]
More...January 17th, 2012 by Reed Allmand
Many consumers find themselves drowning in medical debt and wonder can bankruptcy be filed for medicals bills without including other debt such as credit cards and other accounts. You can file bankruptcy for your medical bills but it is unlikely you’ll be able to file without including other debts. While bankruptcy may allow you to [...]
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If you have been unemployed for a while, you may be thinking about making a career change or seeking self-unemployment. Keep in mind, some state programs are not eligible for those who are self-employed but some states may allow you to collect unemployment benefits while working toward self-employment. You’ll have to review rules and requirements [...]
An offer in compromise lets taxpayers settle tax debt for less than the original amount that is due. While the paperwork for the process can be obtained by the taxpayer who is seeking to apply, it has been recommended to work with a tax expert during the process. There are rules and requirements that need [...]
The bankruptcy process may seem challenging depending on personal circumstances and which chapter is filed. It is often wondered what happens when a co-signer files for bankruptcy protection. In many cases, a co-signer situation makes both parties responsible for outstanding debt. If the account in question goes into default, either party can be pursued by [...]
When we modify your bankruptcy plan we are changing your plan payments. This means that we have to get with your employer and change the terms and amount of your wage order. The only way we can do that is by filling out a new wage order form.
Learn MoreIf the bankruptcy stay terminates on your home that means that even though your in bankruptcy, your creditor can pursue all there legal remedies they can pursue if you were not in bankruptcy. This includes foreclosure, and having your house sold and evicting you from your house.
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