Consumers often get uneasy when they fail the means test to file a Chapter 7 bankruptcy, but in actuality, it can be a positive thing rather than a negative indicator. For one, it means that you have a good income, as that can ease you through the Chapter 13...
Representation With Dignity Since 1987
Month: March 2019
What power do debt collectors really have?
Sure, they can be quite annoying, but debt collectors aren't nearly as powerful as they may threaten they are to debtors. These third-party debt collectors do have the right to take you to court to pay your debts, but if you have little money or few assets, they may...
Small business files for Chapter 11 bankruptcy
Last month, one East Coast publication company sought Chapter 11 bankruptcy protection after it was unable to pay off several high-interest loans it had taken out in recent years. On Feb. 12., the company, Johnny Hanna & Associates LLC, filed papers indicating...
Can you discharge your tax debt during bankruptcy?
Most people dread tax season. It’s the time of year where most adults have to collect every financial detail from the past year and see what they owe to the government. Some people are lucky enough to receive refunds, but it’s not always the case. Many times, the...
Are you being hassled by creditors?
It's anxiety-producing to try to dodge repeated calls from creditors at home and especially at work. After all, if you are so behind on your bills that you are being pursued by creditors, it's likely that you are well aware of your financial woes. Creditors have the...