Blog Posts in May, 2017

  • Can I Keep My Car After Filing for Bankruptcy?

    || 9-May-2017

    When you file for Chapter 7 bankruptcy, you will be required to undergo a process known as “liquidation.” During this process, a trustee will review your assets to see if any of them cannot be protected with an exemption. Any assets that cannot be protected can be sold off and the funds will be distributed to your creditors on a prorata basis. However, you are allowed to protect ...
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  • Why is Debt Settlement a Bad Idea?

    || 8-May-2017

    Many people don’t want to declare bankruptcy but are still struggling with crippling debt and don’t know where to turn. This has led to the rise of an immense number of debt relief companies who claim they can resolve your debt quickly and easily for a lowered payment and without the impact to your credit score that declaring bankruptcy usually entails. Sound too good to be true? ...
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