2021

  • 4 Ways to Prepare for Bankruptcy

    Falling into debt can take many years for some people, but it can take only a few months for others. In any case, you may want to turn to bankruptcy when you reach a point where you cannot pay your bills. If you have too much debt and not enough income, bankruptcy might be the best way out of debt. If you decide to use bankruptcy, you may need to prepare for it, and here are four ways you can prepare. [Read More]

  • What Is The Right Type Of Bankruptcy For You?

    There are two basic types of bankruptcy filings you can pursue. One is a liquidation process that involves a court-appointed trustee selling your disposable assets. The other is a process where you can restructure your debts. Every bankruptcy attorney fields questions about which approach is the right one for their clients. A bankruptcy attorney services provider will look at the following four factors. Kinds of Debts Chapters 11, 12, and 13 are restructuring processes that are aimed respectively at businesses, family farms, and individuals. [Read More]