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Divorce and Bankruptcy

Divorce and Bankruptcy

Divorce and Bankruptcy Divorce often causes financial stress. Financial stress can challenge a relationship. So, unfortunately, many personal bankruptcy cases arise in the shadow of a divorce. Questions arise as to the impact of bankruptcy on child support and...
Life During Bankruptcy

Life During Bankruptcy

Life During Bankruptcy Perhaps you have experienced a divorce, or a serious illness, or the loss of a job. Life can throw curves that are unexpected and can cause financial devastation. Statistics show that in many cases those who file bankruptcy are better off than...
Bankruptcy Exemptions

Bankruptcy Exemptions

Common Bankruptcy Exemptions  Bankruptcy exemptions protect certain assets in a bankruptcy filing from the reach of the trustee or creditors. These are assets that the debtor is permitted to keep after the bankruptcy. Some bankruptcy exemptions protect the full value...
The Means Test

The Means Test

The Means Test The Means Test determines whether you are eligible to file under Chapter 7.  It is also pertinent to Chapter 13.  It is extremely important. The Means Test was created when Congress revised the Bankruptcy Code in 2005. Under the Bankruptcy Abuse...
Preparing for Bankruptcy Filing

Preparing for Bankruptcy Filing

Preparing for Bankruptcy Filing The first step in preparing to file bankruptcy is to meet with a bankruptcy lawyer to discuss your financial situation.   Your attorney will analyze your finances and review various debt relief options with you. After considering your...
What is Wage Garnishment?

What is Wage Garnishment?

What is Wage Garnishment? A wage garnishment (also known as a “wage attachment or “wage execution”) is a form of legal process available to a judgment creditor which is sent to your employer.  This order requires your employer to set aside part of your wages from your...
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