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Estate & Probate » Blog

Blog: Bankruptcy

Understanding Common Fears About the Bankruptcy Process

Few people approach Chapter 7 or Chapter 13 bankruptcy without any concerns about what the process might involve. Instead, it is much more common to involve...

Important Things to Know Before Filing for Bankruptcy

Statistics reveal that last year there were 790,830 bankruptcy filings, which marked the smallest number of bankruptcies that have been filed in years. Even...

Ways to Improve Your Bankruptcy Recovery Time

Statistics reveal that in 2017 more than 700,000 people filed for bankruptcy. While it is true that a bankruptcy can remain on a person’s credit report for up...

Bankruptcy Options for Senior Citizens

Many senior citizens, especially those who do not have an adequate amount saved for retirement, frequently face financial difficulties. Statistics also...

Deciding Between Bankruptcy and Debt Consolidation

It can be challenging to decide whether bankruptcy or debt consolidation is the best decision. While it might seem strange, some people decide to take out a...

Declaring Bankruptcy and Cosigning Loans

Cosigned loans serve an essential role in letting people who would otherwise be unable to obtain a loan to do so. If a person defaults on a cosigned loan,...

Financing the Bankruptcy Process with Your Tax Refund and Other Preparatory Steps

One of the largest obstacles that people face in filing for bankruptcy is deciding how to pay for the process. Many people argue that it is a Catch 22: If...

Establishing Trusts When a Family has Debt

More than many other estate planning tools, trusts are capable of protecting a family’s assets for future generation. However, if either the person creating...

Common Questions About Creditor Harassment and Reporting After Bankruptcy

If you have to obtain a bankruptcy discharge after declaring either Chapter 7 or Chapter 13 bankruptcy, you are likely anxious to begin the process but are...