If you plan to meet with a bankruptcy attorney for an initial consultation, you should prepare questions and bring certain documents. This consultation is a good opportunity to learn more about the bankruptcy filing process and figuring out if this is a good option...
Month: January 2021
What do you know about the increase in elderly bankruptcy?
When talking to the older adults in your life, you notice that a few of them know several other older adults who filed for bankruptcy. You do not plan on retiring soon, but you do not want to count yourself among the ranks of those who file for elderly bankruptcy....
What are dischargeable debts?
When you file for bankruptcy, the goal at the end is to discharge your debts. When this happens, the court rules that you no longer have a legal obligation to pay the debts. However, not every debt you have is a dischargeable debt. The U.S. Courts explain that the...
Signs it might be time to file bankruptcy
If you have recently lost a job or a source of income or fallen so far behind on your bills that getting caught up seems impossible, you are not alone. Debt is an unfortunate challenge in many people’s lives, regardless of socioeconomic status. It is not easy to...