Category Archive: Bankruptcy

Nov
12

The Good, The Bad, and The Ugly…

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The Good, the bad and the ugly as it pertains to bankruptcy… As we all know, there are several side effects to bankruptcy, some good, and some ugly. Here are all the possible side effects I can think of. Let’s start with the bad and the ugly since that’s what people think of. The good: …

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Sep
07

What is the Means Test?

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This is an explanation of the means test, as pulled from Wikipedia.  ”Means testing “refers generally to the eligibility for relief for debtors who have sufficient financial means to pay a portion of their debts.” The means test is perhaps best recognized in the United States as the test used by courts to determine eligibility …

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Aug
22

Are Your Finances In Order?

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Are your finances in order?? Many Americans out there have no idea how much they are spending on a monthly basis. Many live month to month and some wonder why they are going down the financial spiral. It’s because there is no budget in place. Most people have no clue, or are too busy to …

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Aug
22

Bankruptcy is a Complicated Thing.

Burried In Debt

Bankruptcy….is a complicated thing! There are many misconceptions about bankruptcy. Why are there so many, you ask. It’s because the verbiage of all the laws written by the Federal Government. They make it sound complicated, and you may  feel that you are looked down upon. This is not the case. No one wants to come …

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Apr
08

Don’t Let it Scare You!

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Don’t let it scare you! Bankruptcy is what we’re talking about. As a recent chapter 7 bankruptcy client at Jude Law, I have to tell you… the process was completely painless. At first, we were nervous. Would we keep our house or lose it? What about our car? But from the first phone call all …

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