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Will Bankruptcy Filings Tick Up in the Remainder of 2022?

According to the New Orleans Bar Association, “in January of 2022, total credit had grown by only 2.4%. Revolving credit, which includes credit cards, increased by 20.7% in February to almost $1.1 trillion.  Revolving credit had increased…
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Filing Chapter 13 Bankruptcy in Tulsa, Oklahoma

Most people think of bankruptcy as the downfall of their financial prosperity, but the truth is that filing for bankruptcy is sometimes the savviest choice individuals, families or companies confronted with great or insurmountable debt can make…
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Is There Anything You Should Know Before Filing for Bankruptcy in Tulsa, Oklahoma?

For years now, bankruptcy filing has had a negative stigma attached to it. Some feel that those who file have failed in terms of their financial welfare and even at life itself, yet that couldn’t be further from the truth. Whether we are self-aware…
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The Must Knows About Bankruptcy Declaration in Tulsa, Oklahoma

The bankruptcy filing process often gets a bad rep, when in reality it does a great deal for the people who need it most. While no one wants to find themselves in a position where they must file for bankruptcy, sometimes filing is better than…
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What Should You Keep in Mind About Bankruptcy in Tulsa, Oklahoma?

According to AP News “the mystery isn’t why so many people file for bankruptcy each year. It’s why more people don’t. Each year, only a fraction of the Americans who could benefit financially from bankruptcy actually seek relief. Economists…
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Things to Consider if You’re Thinking About Filing for Bankruptcy in Tulsa, Oklahoma

Filing for bankruptcy is a difficult and often life changing decision for anyone to make. Whether you live in Oklahoma or in any other state, whether this is your first time filing or you have filed before, no one wants to be put in that position.…
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Common Bankruptcy Terms to Know When Filing for Bankruptcy in Alabama

Moody, AL—Whether an individual is interested in learning more about the bankruptcy process because their finances are out of order or is ready to take the leap and file, they are bound to run into terms they aren’t familiar with. To help…
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Is it possible to buy a home after filing for bankruptcy in Alabama?

Ashville, AL—As Shirley MacLaine once said, “Anything is possible if you believe you deserve it.” While buying a home after filing for bankruptcy is possible, and it certainly can’t hurt if a person believes they deserve it, there are…
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Preparing for Bankruptcy: What Should and Shouldn’t Be Done Before Filing in Alabama

Odenville, AL—Bankruptcy helps individuals and businesses ease their financial troubles by providing them with a way to better manage their debt or get some or all of it discharged. If an individual or business in Odenville, AL believes filing…
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Can a person in Alabama file for bankruptcy alone if they are married?

Ashville, AL—Individuals in Alabama have the option of filing for bankruptcy independently or jointly with their spouses. They will want to consider whose name the debt is in, however, as filing for bankruptcy could impact both individuals.   Reasons…
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Frequently Asked Questions About Filing for Chapter 13 Bankruptcy in Alabama

Leeds, AL—Individuals who are considering filing for bankruptcy in Alabama may have come across Chapter 13 bankruptcy as an option for them to consider. This type of bankruptcy is often used by individuals who earn a “regular income,”…
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What type of bankruptcy can a business owner file for in Alabama if they want to stay open?

Moody, AL—Business owners in Alabama are able to remain open and continue with operations when they file for Chapter 11 bankruptcy. Chapter 11 bankruptcy is referred to as “a reorganization bankruptcy” as it allows businesses to get their…
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Will the Alabama bankruptcy court discharge student loan debt?

Odenville, AL—The bankruptcy court typically does not allow student loans to be discharged. However, an individual might qualify to have some or all of their federal student loan debt discharged in bankruptcy if they meet certain criteria.…
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Can a person rack up credit card debt and then file for bankruptcy?

Wattsville, AL—Bankruptcy is intended to provide individuals who have fallen into a financial rut with a way out. It’s not meant to wipe a person’s financial slate clean after they purposely racked up a substantial amount of money in credit…
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What is the downside to filing for bankruptcy in Riverside, Alabama?

Sure, filing for bankruptcy provides individuals with a clean financial slate to work with, but what is the downside to declaring bankruptcy? In this article, Alabamians who are considering bankruptcy will gain a better understanding of the…
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Monroe, LA, Looking at Bankruptcy Options and Exemptions

For many people, especially those who own a business, one mistake can lead to dire consequences that change their entire financial situation for the worst. All individuals who go through a massive and sudden financial loss have the option of…