Press Room

If you’re considering bankruptcy, then you’re most likely already feeling overburdened with debt and the ensuing financial constraints. Your head is probably swirling with a number of question, like “is bankruptcy right for me?” “What are my options when filing for bankruptcy?” and “What can I expect after I file for bankruptcy?” First things first,...

Most of us feel we have a moral obligation to repay what we owe, whether it is a loan from a friend or family member, bank loans for a car or house, or credit card bills racked up with consumer spending. Debt allows many to live beyond their means and leverage their income for larger...

Making the decision to file for bankruptcy can be a particularly traumatic experience, but often the greatest source of anxiety is facing the unknown about what comes next. Will you always have this cloud hanging over you? How will you be able to get back on your feet financially? These can be challenging questions to...

If you’ve been struggling to make ends meet with credit card payments, car payments, your mortgage, and other living expenses, it can be extremely challenging to try and find a way out of that stressful situation. If you fail to pay creditors, those bills are sent to collections agencies who will increase the pressure and...

There are many false beliefs when it comes to discharged debts.  Some believe that debts are “erased;” others believe that discharged debts are no longer legal obligations. Neither of these beliefs are accurate. In simple terms, a discharged debt means that the creditor is enjoined from collecting on that debt from the debtor. The bankruptcy...

Tell the Truth. Tell the Truth. Tell the Truth. The most important thing is to be completely transparent with your attorney. He is on your side and can only protect you if he knows absolutely everything about your income, debts, assets, etc. You swear to tell the truth in your bankruptcy paperwork – lies and...

The short answer is no. This is because while you are in bankruptcy you should not be incurring new debt without court permission. Most of the time a credit card will not issue a card to someone who is in an active bankruptcy case, because they do not want to violate the bankruptcy code and...