Bankruptcy

Untangling Bankruptcy Myths: The Path to Financial Recovery

Untangling Bankrupcty Myths   Although there is a common misconception that filing for bankruptcy means your credit will be ruined for years to come, it's important to note that credit recovery is possible after bankruptcy, and you may be able to rebuild your...

How does personal bankruptcy affect your divorce?

How does personal bankruptcy affect your divorce?

Sometimes divorce can lead to bankruptcy. Sometimes bankruptcy can lead to divorce. While both of these are overwhelming to endure alone, going through a divorce and a bankruptcy at the same time can be extremely stressful, costly and cause unexpected delays. If you...

How do I check the balance due on a judgment?

Determining how much you owe on a judgment can be difficult. Maybe they garnished your bank account several years ago and you cannot remember how much they took. Maybe you made a few payments, but something else took priority. Now things are better and you want to...

Paying Family Members and Friends Prior to Filing Bankruptcy

“I paid my parents before filing bankruptcy.” Most attorneys would say it doesn’t matter. The attorneys zealously defend their clients to the exclusion of everyone else. Unfortunately, they become so focused on their clients they lose sight of everyone else. This kind...

The Benefits of Chapter 13 Bankruptcy: Restructuring Your Debt

Bankruptcy is intimidating both by its nature and how society has framed it. Most people assume it means destroying your credit score and forfeiting your prized assets, like your car and house, in exchange for debt elimination. While this is true in some cases, it is...

The Klein Advisor – October 2016

Throwing in the Towel – Sports Authority Filed for Bankruptcy Finally, football season is upon us! Getting hyped for Sunday’s game, you grab your lucky number 13, Dan Marino jersey (go Dolphins!) only to realize it’s probably time to retire that too. Unfortunately, a...

Bankruptcy And Stale Debts

A typical bankruptcy begins when someone files a petition. With some exceptions, the property belonging to that person will be used to pay creditors. In order for a creditor to receive payment it must file a proof of claim. If the proof of claim is inaccurate, then...

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