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About Me
Recovering from a Business Failure

I’ve always admired entrepreneurs. Because of the financial risks they take, I think they are courageous people. Due to my timid nature, I never imagined I’d be one myself. But, after leaving a successful career in accounting a few years ago, I decided to launch my own home based business. So far, I’ve enjoyed success in this amazingly rewarding venture. Sadly, many entrepreneurs don’t experience the same type of success I’ve found. If they operate sole proprietorship or partnerships, their personal assets are often at risk when their business interests fail. On this blog, you will discover how a bankruptcy attorney can help a business owner who can’t pay his or her business debts.

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Nearing Retirement & Worried About Too Much Debt? Here’s What You Need To Know

28 April 2018
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Doesn't it seem that you work hard and put in a lot of hours to be able to afford to live? The American dream of owning a home is usually only achieved by going into debt. In your younger years, you may have planned on having your home paid off going into your retirement years, but that doesn't always happen. In fact, according to statistics from data collected from December of 2016, 73% of consumers had an average of $61,554 in debt when they passed away, and most of it was mortgage debt. Read More …

Is It Possible To Just Outwait Creditors?

3 March 2018
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People who are swamped with debt often give up, stop paying, and hope the creditors simply go away. While this strategy may work for some people, most will only end up in a worse position than when they started. Here's how to tell whether a standoff with a creditor will actually work in your favor, or if it's best for you to take another tactic. The Type and Amount of Debt Read More …

Drowning In A Sea Of Debt? Why Bankruptcy Is The Life Preserver You’ve Been Looking For

14 January 2018
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Being swamped with debt is definitely not a fun experience. It might seem like no matter how hard you work and regardless of how much money you try to pay towards your bills each month, the amounts never seem to get any smaller. You begin to realize that you're fighting a losing battle and start to look for solutions. Bankruptcy is one route you can take, and it's a road that can be just what the doctor ordered. Read More …

Facing Financial Crisis? 4 Steps To Help You Avoid Foreclosure

11 November 2017
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If you've fallen behind on your payments due to circumstances beyond your control, and you're facing foreclosure, don't go down without a fight. There are steps you can take that might be able to stop the foreclosure. However, you'll need to act fast. The last thing you want to do is wait until the very last minute to take action. As soon as you begin getting the notices from your mortgage company, you want to remain in contact with them. Read More …

The Fee-Only Chapter 13 Bankruptcy: Balancing Speed Vs. Size Of Debt Relief

8 August 2017
 Categories: , Blog

Bankruptcy brings with it an awful Catch-22: You can't afford to pay your bills, so you need to file for bankruptcy, but you don't have the money for the bankruptcy lawyer's fees, so you can't file for bankruptcy. This looks insurmountable at first, but there are ways around it. One of these tactics is to file for Chapter 13 bankruptcy instead of Chapter 7 because of the rules regarding lawyer fee payments. Read More …