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Managing Your Budget after Bankruptcy

There are a few things that all people who have just received a bankruptcy discharge share in common. There is no money in the savings account, no credit cards and a credit score among the lowest 25 percent of all Americans. That may sound bleak, but the fact is, there is good news to consider […]


5 June 2017
Category:
Bankruptcy
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Advantages of a Chapter 13 Bankruptcy Filing

While Chapter 7 attracts the majority of personal debtors looking for bankruptcy protection, Chapter 13 offers the opportunity to put together a payment plan, usually for five years, that allows you to pay at least some money to your creditors. Statistics from 2016 show that about 37% of individual debtors chose Chapter 13 over Chapter […]


1 June 2017
Category:
Bankruptcy
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Five Famous People Who Filed for Bankruptcy

No one is safe from the need for bankruptcy protection. It’s always possible to get bad business advice, fall ill or to simply spend more than you earn. In fact, some of the best known people in history have had to visit a bankruptcy attorney at least once during their careers. The list includes: 1) […]


Is Bankruptcy The Right Choice For Me?

Deciding whether to file for bankruptcy can be a difficult decision. Most people prefer to pay their debts and maintain a good credit rating. But sometimes, even with the best budgeting, finances can get quickly and unexpectedly out of hand. For Illinois or Missouri residents considering bankruptcy, a free evaluation by a knowledgeable bankruptcy attorney […]


What to do after Filing for Bankruptcy

Now that you’ve filed bankruptcy, it can be a scary time for many people. After all, statistics show that a majority of people who file for bankruptcy do so only once in their lives. That means you are now in uncharted territory. This is a good time to sit down with your bankruptcy attorney and […]

Is Bankruptcy the Right Choice?

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