by Tom Bates | Aug 31, 2018 | blog, Blog: Bankruptcy
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 to 10 years, there is no reason for a person to wait to begin taking steps to reduce the negative effects of...
by Tom Bates | Jun 12, 2018 | blog, Blog: Bankruptcy, Blog: Estate Planning
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 the trust or the beneficiary has debt, the trust will likely not be able to protect the assets from creditors....
by Tom Bates | May 31, 2018 | blog, Blog: 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 uncertain about how to proceed. While there are numerous areas in which questions arise, one of the most common...
by Tom Bates | Apr 4, 2018 | blog, Blog: Bankruptcy
For people who have a significant amount of debt, filing bankruptcy is often a wise idea. The bankruptcy process not only lets a person eliminate debt, but in many cases a person is also able to obtain manageable payments and begin planning for a better future. Many...
by Tom Bates | Jul 7, 2017 | blog, Blog: Bankruptcy
The Supreme Court recently granted certiorari to review a case that will require the Court to decide the question of whether bankruptcy courts should apply federal or state law when deciding how to recharacterize a debt claim as a capital contribution. The manner in...
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