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Bankruptcy Q&A

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October 6, 2026 Bankruptcy, Bankruptcy Q&A

Should You Wait to File Bankruptcy? When Waiting Helps and When It Hurts

If you are struggling with debt, you may be asking an important question: Should I file bankruptcy now, or should I wait? There is no universal answer. The decision should be based on weighing...

Allmand Law Firm
October 29, 2025 Bankruptcy Q&A, FAQ

I Know I Need A Bankruptcy Attorney–But I’m Afraid Of The Costs

Many debtors considering bankruptcy know they need a bankruptcy attorney; but they are afraid of what it will cost and of course how they will pay the fees. If you're considering filing for bankruptcy...

Bankruptcy Misconceptions & Truths

Bankruptcy can be considered a taboo subject because of the fears and misconceptions about bankruptcy. But sometimes people need a helping hand, and bankruptcy may be right for them. The good news is these...

Allmand Law Firm
June 23, 2021 Bankruptcy, Bankruptcy Q&A, News

The Taboo Of Bankruptcy Holds Americans Back From Financial Freedom

AP News reports that every year, only a fraction of Americans that need financial help file for bankruptcy. 14% of U.S households need financial help but only 1% of them file for bankruptcy. Many...

What Happens After Filing Chapter 7?

Most people who file Chapter 7 bankruptcy have little assets and qualify to have most of their unsecured debt discharged. Unsecured debt that may qualify to be wiped off or discharged includes medical bills...

Allmand Law Firm
June 27, 2017 Bankruptcy, Bankruptcy Q&A

What to Expect During a Meeting of Creditors

When you file for bankruptcy, you will have to attend a hearing conducted by your bankruptcy trustee called a “meeting of creditors” or a 341 hearing. The purpose of this meeting is to allow...