Chapter 7 Bankruptcy | Avoid Bankruptcy Fraud Chapter 7 Bankruptcy | Bankruptcy is a legal process through which a business or individual is discharged of the debts they are unable to pay. When it comes to bankruptcy fraud, it usually takes one of three forms: concealment of assets, multiple filings, and petition mills. Bankruptcy fraud is [...]
Bankruptcy Attorney | Understanding Debtor-in-Possession Financing Bankruptcy Attorney | Debtor-in-possession (DIP) financing is the financing for a business that seeks to retain control of its assets and operations during Chapter 11 bankruptcy reorganization. Chapter 11 Bankruptcy During a Chapter 11 bankruptcy a company works to restructure its debts in order to pay them off. How DIP Financing [...]
Bankruptcy Lawyer | Can You Rent After Bankruptcy? Bankruptcy Lawyer | Depending on the form of bankruptcy you file, the proceedings allow you to liquidate your assets to pay off your creditors, or retain assets while working out a repayment scheme. Regardless of the form of bankruptcy you file, there will be some restrictions imposed [...]
Bankruptcy Attorney | Is Your Credit Card Debt Out of Control? (Pt. 2) Bankruptcy Attorney | Solutions to Overwhelming Debt Now that you have established that you might be over your head when it comes to your debt and your ability to pay back your debt, you might be feeling even more overwhelmed. Don’t be! [...]
Bankruptcy Lawyer | Is Your Credit Card Debt Out of Control? (Pt.1) Bankruptcy Lawyer | Everyone has a little bit of debt. Whether student loans, a car loan, or credit card debt, a little debt is common. But how do you know when your credit card debt has gotten out of control? And how do [...]
Chapter 13 Bankruptcy | The Best Debt Repayment Plan? Chapter 13 Bankruptcy | Not every tough financial time requires extremely drastic measures. Some financial difficulties may be temporary and may be helped through filing for Chapter 13 bankruptcy. Before discounting bankruptcy altogether, learn how Chapter 13 bankruptcy can work as an effective debt repayment plan [...]
Bankruptcy Attorney | Avoiding Holiday Debt Bankruptcy Attorney | The holiday season is filled with celebrations, gift giving, overspending, and debt. Here are some tips to avoid getting a hulking credit card bill after the shopping season is over. Shopping Mistakes to Avoid Don’t be fooled by marketers who have convinced shoppers that Black Friday [...]
Bankruptcy Lawyer | Consolidating Debt Bankruptcy Lawyer | Debt consolidation can be great for boosting credit, but how you tackle it can also lower your score. Here are some things to think about before consolidating. Credit Inquiries A credit inquiry is done every time you apply for a new line of credit, be it a car [...]
Bankruptcy Attorney | What to Do After Bankruptcy? Bankruptcy Attorney | You’ve been through the bankruptcy process – either through a Chapter 7 or a Chapter 13 – and have received your discharge. Now what? After Bankruptcy Here are some things you’ll want to consider once the bankruptcy is finalized: Make sure you’ve received all [...]
Bankruptcy Lawyer | The Benefits of Filing Bankruptcy (Pt.2) When Bankruptcy Can Help Liabilities Are More Than Assets Bankruptcy Lawyer | Tayne advises on filing bankruptcy when consumers owe so much that their liabilities are far higher than the value of their assets. Why? Because in these cases, it can be impossible for a consumer to [...]