Bankruptcy Law

How Does Filing for Bankruptcy Affect My Tax Return?

Friday, March 1st, 2019

When you file for bankruptcy, you may think it’s a one-time action, but it’s not. Bankruptcy will follow you for years, and the consequences of filing can impact your ability to join the military, work in certain sectors, and get loans. That doesn’t mean bankruptcy isn’t the best course of action at times—it can certainly...  read more

Can I File for Bankruptcy During My Divorce?

Friday, February 15th, 2019

Dealing with a divorce is never easy, and it often puts you in a very difficult place financially. If you and your soon-to-be-ex have already started separating your incomes, you may already be operating off a budget smaller than what you’re used to. Divorce also means paying a number of legal fees. This can leave...  read more

Will Filing Bankruptcy Affect My Ability to Get a Job?

Wednesday, January 30th, 2019

If you’re considering filing bankruptcy, you want to make certain you’ve looked at all of the different angles and understand all of the consequences that come with this decision. There are times when bankruptcy is certainly the right answer, but there are still things you need to think about first. If you’re considering changing jobs,...  read more

Reasons NOT to File Bankruptcy

Saturday, December 15th, 2018

If you’re thinking about filing bankruptcy, you may want to take a moment and rethink your decision. While bankruptcy can help you regain your financial footing, it’s not always the best option. It all depends on your circumstances, of course. However, if you find yourself in any of the following reasons, you may not want...  read more

Top 3 Wrong Bankruptcy “Facts” People Shouldn’t Believe

Thursday, November 29th, 2018

Filing for bankruptcy is a complex legal process that will affect everyone a little differently. Because of this, there are a number of myths and misinformation out there that you may have heard and believed. Before you start the bankruptcy process, you’re going to want to talk to a legal expert to get an idea...  read more

I’m a Little Behind on Bills – Should I File Bankruptcy?

Friday, October 19th, 2018

You’ve missed a few payments on your credit cards. You’re a month behind on one of your utility bills. You’ve told your landlord you absolutely will be able to pay your rent…it will just be two weeks late. If you’re in this financial situation and there doesn’t seem to be any solution in sight, is...  read more

I’ve Filed for Bankruptcy Once – Should I Do it Again?

Wednesday, September 26th, 2018

Bankruptcy is a chance for you to get your finances in order and, if all goes as intended, emerge in a stronger place than you were. But for some people, life doesn’t make it easy. You may find yourself dealing with unexpectedly losing your job, large amounts of medical bills, or even losing a very...  read more

What Will I Lose if I File Bankruptcy?

Wednesday, August 15th, 2018

Many people put off filing for bankruptcy because they believe they will lose everything they have. They’re concerned that their creditors will be able to seize their home, their vehicles, and even their possessions. However, that’s not always the case. There are different types of bankruptcy, and each bankruptcy situation is different. This means it...  read more

‘Too Little Too Late’: Bankruptcy Booms Among Older Americans

Tuesday, August 7th, 2018

For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.   The signs of potential trouble — vanishing pensions, soaring medical expenses, inadequate savings — have been building for years. Now, new research sheds light on the scope of the problem: The rate...  read more

Bankruptcy – What Will it do to Your Credit?

Sunday, July 1st, 2018

Sometimes, it may seem like bankruptcy is the only option you have at the moment. However, it’s important to remember that bankruptcy isn’t something that’s done and over with in a matter of months. It’s something that will continue to affect you for years to come. While bankruptcy will stand on your credit report for...  read more

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