When Should I File Bankruptcy?

  • January 23, 2013

Many financial and legal obstacles can put pressure on individuals and businesses to file for bankruptcy.  In most circumstances, there may not be a “right” time to file, but certain…

What Does The Automatic Stay Do?

  • January 16, 2013

When debtors find themselves struggling to make payments to their creditors as they become due, they often turn to bankruptcy as a way to make it through their dilemma. Filing…

Is Bankruptcy the Same Thing As Insolvency?

  • January 9, 2013

Bankruptcy and insolvency are two narrowly connected financial terms. In many cases, insolvency can lead directly to bankruptcy, either voluntarily or involuntarily. The similarities of the terms can often be…

Tips to Protect Creditors in Bankruptcy

  • December 24, 2012

As a creditor, you may have received an official notice in the mail indicating that someone you know or that owes you money has filed bankruptcy.  In order to protect…

A Closer Look at Avoidance Actions

  • December 17, 2012

In most cases, bankruptcy laws serve to create a safe haven for consumers to protect themselves and their family and give them a fresh start, while at the same time…

How A Bankruptcy Affects Your Credit

  • September 10, 2012

Americans have been reeling in the aftershock of the downturn in the economy.  For some, this downturn has meant a job loss and a tightening of their finances.  For others,…

Can I File My Own Bankruptcy?

  • September 3, 2012

We live in a day and age where DIY (Do-It-Yourself) advice seems to be everywhere.  From home renovations to incorporating a business, people are looking to save money by doing…

Bankruptcy vs. Mortgage Loan Modifications

  • August 27, 2012

Faced with the reality of being past due on their loans or even foreclosure, many homeowners are looking for options that might help reduce the impact on their financial future,…