Previously, we began looking at the Chapter 11 bankruptcy process. As we noted, any proposed repayment plan must be approved by the court, and this doesn’t always happen right away. Here we wanted to offer several additional comments about the Chapter 11...
Chapter 11 bankruptcy: work with experienced attorney for guidance, advocacy, P.1
Earlier this month, Curtis James Jackson III—more commonly known as 50 Cent—was successful in having a Chapter 11 repayment plan approved. The bankruptcy filing comes after a series of financial difficulties, including millions of dollars of payments...
3 things debt settlement companies won’t tell you
Debt can be overwhelming and make life very stressful. If you find that your debt is surpassing your ability to manage it, you may be considering partnering with a debt settlement company to alleviate your financial woes. Debt settlement companies claim that they can...
Chapter 7 could be your first and best option for debt relief
A struggle with debt is not merely about your finances. Excessive debt can cause tremendous emotional stress. It can also make you put your life's plans on hold and force you to make decisions that only serve the short-term necessity of making payments while actually...
Do I qualify for Chapter 13 bankruptcy?
If you have come to the conclusion that Chapter 13 bankruptcy is the answer to your personal financial woes, then the next step is to determine if you are qualified to file. There are a number of requirements that you must meet to qualify. If you are...