A bankruptcy filing is not an easy way out of debt. You will be faced with challenges that involve a mountain of paperwork. The Bankruptcy Forms in itself includes 23 separate forms totaling roughly 70 pages. The forms ask you about everything you make, spend, own and owe. Clearly, this burdensome requirement is a [...]
Filing for bankruptcy is usually effective at ridding oneself of debt and the accompanying stress from being hounded by collectors. For the elderly, however, it is typically not a good strategy for the reason that they have too much property or the other extreme, too little property. How does either situation affect bankruptcy? Bankruptcy [...]
It is possible to file a quick bankruptcy called “emergency bankruptcy” of “skeleton bankruptcy” to stop impending creditor action. You just need a few simple steps and some points to take note of. Will filing bankruptcy help me with my financial problems? In times where you need to be one step ahead of your [...]
Is it really wise to withdraw your savings from the bank before you file for bankruptcy? It may seem like you are outsmarting your creditors by taking out your money from the bank just to hide it from them. Sometimes, it is more prudent to spend your savings before you file for bankruptcy. However, [...]
If you are in dire financial straits, filing for bankruptcy is a great way to get a fresh start. You can heave a sigh of relief once your bankruptcy case is over and done with. However, with all the nuances and processes involved in a bankruptcy filing, it can get very confusing and sometimes, even burdensome. [...]
Has declaring bankruptcy crossed your mind? Do you ever wonder if filing bankruptcy is the answer to your financial troubles or it will just add more headaches for you? You will discover the answers soon enough as we reveal the myths that surround bankruptcy. As you learn about the advantages that you may gain [...]
Candy tastes very good but when you consume a lot, it could lead to serious health problems. The same goes for debt, it is a very useful aid to fulfill your needs and wants but it can be disastrous when it starts piling up. Unpaid, mounting debts can result in incessant phone calls from [...]
If you live in West Virginia and are considering to file for bankruptcy, most likely, you will be choosing between Chapter 7 or Chapter 13. However, you are unsure which choice is right or more ideal for your financial situation. This is where our West Virginia bankruptcy attorneys can help by clarifying the differences [...]
Paying Off Your Student Loans. Congratulations on finishing your degree! Time to start “adulting” and begin it by paying your bills. One of the first bills you need to settle is your student loans, but where do you start? Know the basics about your student loan. Make sure you know who your loan servicer is, [...]
Chapter 7 Bankruptcy Pros and Cons in West VirginiaMaking the decision to file chapter 7 bankruptcy is difficult. You may be worried about how it will affect your credit or your reputation, but in most cases, it will dramatically improve your quality of life. Below is a list of pros and cons that may help [...]