You Have the Right to Feel Good After Filing for Bankruptcy Protection Bankruptcy has gotten a bad rap. The media likes to portray celebrities who file for bankruptcy as failures, people who had it all and messed it up. Of course, the implication is … [Read more...]
Bankruptcy — A Financial Decision, Not an Emotional Decision
Keeping the Emotions Out of a Bankruptcy Filing When you are struggling to put your financial affairs in order, you need to focus on financial matters. Far too often, people will let emotions interfere with financial decisions — they won’t make … [Read more...]
Shame Relief and Bankruptcy
Don’t Be Ashamed of Filing for Bankruptcy — The Law Is There for a Purpose Shame is a common reaction from many people when they get to the point where they realize that a bankruptcy filing may be in their best interests. They are suddenly consumed … [Read more...]
The Fresh-Start Factor in Bankruptcy
Getting a Fresh Start in Bankruptcy When you have fallen behind in your financial obligations, there are times when you can put a plan in place and bring everything current within a reasonable period of time. But there are also situations in which … [Read more...]
The Shame Factor in Bankruptcy
Get Over Your Shame — The Bankruptcy Laws Are There to Help You What do these people have in common? Rembrandt van Rijn (the famous Dutch painter) Henry Ford Walt Disney Donald Trump Abraham Lincoln Johnny Unitas Michael Vick They all … [Read more...]
Exceptions to the Automatic Stay Afforded by the Bankruptcy Laws
When you file a petition in bankruptcy, you are immediately entitled to certain protections provided by the automatic stay established by federal law. This prohibits creditors from calling, writing or taking any legal action outside of the bankruptcy … [Read more...]
Converting a Chapter 7 Bankruptcy Petition to A Chapter 13 Filing
When you face financial woes, and decide to file for bankruptcy protection, your first inclination may be to file a petition under Chapter 7, where you can permanently discharge debts and be done with them. However, you may not qualify under the new … [Read more...]