Attorneys, Law, Lawyers

Bankruptcy Vs. Forgiven Debt

America is drowning in debt. Millions are living paycheck to paycheck and worse. For a lot of Americans at the end of the day, payday has come and gone and still the ends do not meet. The average middle class household, those households with a net worth of $10,000 to $50,000 a...
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Bankruptcy Law

Is Bankruptcy My Way Out?

Filing bankruptcy is not something that a person exactly prepares for or expects to do in their life. As we all know situations arise, life happens and before you know it bankruptcy may be you best option. We have gathered some information you need to know so you can make an...
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Inherited IRA

The Facts About Inherited IRA

Not an exempt “Retirement Fund” in the eyes of the Law Attorney Eric Brown shares his knowledge of how inherited IRA’s factor in when filing for bankruptcy: Just another example of a trap for the unwary in bankruptcy; the United States Supreme Court, on June...
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4 Ways to Recover After Filing for Bankruptcy

1. Learn from your mistakes after filing for bankruptcy. Reflect on the financial choices you made in the past and determine if there are any you can avoid repeating. If you recognize where you went wrong, the chances of being in a difficult financial spot are much less likely....
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Filing For Bankruptcy: The Details

Overloaded in debt, little to no income, and no other options. These are what have come to be as the perceived requirements for filing bankruptcy. If you find yourself in a difficult financial situation and are unsure if bankruptcy is the right decision for you, it is important...
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To Reaffirm or Not to Reaffirm

I am sure you will not be surprised to see that the answer to this—as is true with most legal questions—is that it depends.  As a bankruptcy practitioner I have mixed feelings about whether or not to recommend that my clients reaffirm a secured loan on a vehicle or a mortgage on...
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