Small Business Facing Financial Troubles Should Consult a Small Business Bankruptcy Lawyer

Is your small business in severe financial trouble? Have you asked yourself if bankruptcy would help? There are several questions that you should ask yourself before you begin the process. Consulting with a small business bankruptcy lawyer will also give you the guidance and information you need. What Type Of Business Do You Have? A business that is classified as a partnership or a corporation is a separate entity from the business owners or the shareholders. This means that if… Read More >

How to Declare Bankruptcy the Right Way

If you are facing tough financial times, you have a pile of debt that you are not able to pay off and your creditors are calling you day and night, you may have thought about declaring bankruptcy. Even though it seems like a fairly simple option, reality is more challenging than you may think. Learning how to declare bankruptcy will reduce your chances of any legal issues. And, it can increase your chances of a successful bankruptcy discharge. Before you… Read More >

Important Facts about Bankruptcy for Farmers

Although Chapter 7 and Chapter 13 are types of bankruptcy that are typically filed by individuals, Chapter 12 is also known as bankruptcy for farmers. The purpose of Chapter 12 is to provide assistance to farmers who are on the verge of bankruptcy. Farmers and anglers who have had a steady income from farming or fishing over the past few years are qualified to file for this type of bankruptcy. Most farmers and anglers have debt ratios that are too… Read More >

What to Do When Filing For Bankruptcy and Divorce

Bankruptcy and divorce are two words that many times are spoken in the same sentence. One often follows the other because financial issues are usually the main cause for the dissolution of marriages. Many times a person will wait to see if their financial situation will improve. This causes stress in the relationship and a breakdown of the family. The Things You Should Do If you are married or separated, speak with a bankruptcy attorney before the courts make the… Read More >

When and Why You May Need To Hire a Bankruptcy Law Attorney

In life, you have to expect the unexpected, and you may find that you are not as prepared as you first thought you were. Bills and other financial changes could be greater than you expected them to be. You may begin to incur more debt than you initially anticipated. There are many reasons why individuals end up with debt they cannot repay. An individual can be faced with a mountain of debt in a very short amount of time. It… Read More >