What do you need to know about the handling of cash assets in bankruptcy? When you file for bankruptcy, your cash becomes part of your estate. This means that the bankruptcy trustee can use it to pay your creditors. However, there are some exceptions. If you have cash in a protected account, such as a […]
Does a business bankruptcy affect my personal credit? Many business owners worry that if their business goes bankrupt, they will personally lose their homes and other assets. Will a business bankruptcy affect my personal credit? Will I lose personal assets if my business fails? Here’s what you need to know. First, do you need to […]
Most people know business bankruptcy affects your business. But what about business owners who need to file for personal bankruptcy? There are several ways that filing for personal bankruptcy can affect your business. If you are a sole proprietor, your personal and business finances are intermingled, so a personal bankruptcy filing can have ripple effects […]
If you’re considering filing for bankruptcy, it’s important to know that you can still keep your most important assets. The key is to properly utilize Florida bankruptcy exemptions. When you file for bankruptcy, your assets may be at risk. This is because the bankruptcy court will consider all of your assets when determining whether or […]
Bankruptcy is often a confusing and scary process. It can be very overwhelming to face the prospect of declaring bankruptcy, but there are many things that you can do to make things easier. Is it easy to file for bankruptcy? No, but there are things you can do to make it easier and to ensure […]
Filing for bankruptcy can be a daunting process, but there are many bankruptcy resources available to help you through it. Here are four of the best options you have for helping you learn more about and deal with bankruptcy. 1. US Bankruptcy Court The US Bankruptcy Court is a great resource for anyone considering filing […]
When you’re considering bankruptcy, it can help to know what to expect. Understanding the bankruptcy tricks and tips available to you can put your mind at ease and make the experience much easier. What are six surprising things you should know about bankruptcy? 1. You Don’t Need a Lawyer But you probably want one. While […]
Do you want to learn how to take control of your financial situation? Does it feel as if your spending is out of control? You aren’t alone. Many people face financial turmoil and don’t feel in control of their finances. The good news is there are several things you can do to get your financial […]
Struggling with financial problems is bad enough. It gets a lot worse if you’re being harassed by creditors. What is considered harassment and what can you do about it? What Does Harassment Look Like? Calling at All Hours of the Day Creditors and debt collectors will often call consumers early in the morning, late at […]
The short answer to this question is yes, you can file for bankruptcy without the help of an attorney. However, there are some risks involved in filing for bankruptcy on your own. It’s always a better idea to work with an attorney instead. In most cases, hiring an attorney provides you with the support and […]
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