Filing for Bankruptcy

19 May Why I Prefer Chapter 7 Bankruptcy to Chapter 13 Debt Consolidation

Most folks considering bankruptcy will consider two options - Chapter 7 and Chapter 13. Sometimes, you have the option of choosing either type of bankruptcy, whereas in other situations you would only be eligible to file either a Chapter 7 or a Chapter 13. When I meet with a client, I always start with the question of how can I fit this person into Chapter 7. It is not always possible, but, in my experience my Chapter 7 just works better - my clients get their discharge that wipes out debt completely, their cases are over in about 5 months, credit rebuilding can start within a year and the cost of bankruptcy is about 25% of the cost of Chapter 13.
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06 Feb Are You Exposed?

subconscious patterns of behaviorDoes it do any good to think about why you have debt problems? As a bankruptcy lawyer I have represented clients with every type debt problem imaginable and I think is very worthwhile to reflect about how and why you ended up in a bankruptcy lawyer’s office or even why the word “bankruptcy” may have crossed your mind. Without getting overly philosophical, I’d like to offer a way to think about debt issues that may help you break whatever patterns exist in your life that put you into debt crisis. I firmly believe that your conscious and subconscious thoughts led you into your debt issues and if you don’t address the underlying thought patterns, nothing is going to change in the long term.
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24 Apr The Reverse Mortgage. What You Need To Know!

There is a familiar expression:  "The road to Hell is paved with good intentions!" I'd like to think that the individuals that came up with the concept of the reverse mortgage had good intentions.  The reality I see in my bankruptcy practice is elderly people, who are...

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