Tag Archives: bankruptcy

If my wages are being garnished, what can I do?

There are three main ways to stop the garnishment: negotiate a settlement; negotiate a payment plan; or file bankruptcy. Continue reading

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What are the pros and cons of filing for bankruptcy?

The disadvantages to filing bankruptcy are much fewer than the advantages. Continue reading

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Could I still owe anything even after filing bankruptcy?

Many people think that once they file bankruptcy, all of their debts are erased. This is not true. There are some debts that cannot be eliminated in bankruptcy. Continue reading

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When should someone consider filing bankruptcy?

If you feel you are you in trouble, you should consult with a bankruptcy attorney to discuss your options, some of which may not involve filing bankruptcy at all. Continue reading

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What is the process for filing bankruptcy?

by Mark E. Godbey, Lawyer Referral Service Panelist Once a decision to file the bankruptcy has been made and your case is filed, you will need to attend the required 341 meeting, a.k.a. “meeting of creditors.”  In most cases, this … Continue reading

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What is Chapter 13 Bankruptcy?

In a Chapter 13 (reorganization) case you file a “plan” showing how you will pay off some of your past-due and current debts over three to five years. Continue reading

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