Bankruptcy

Chapter 7 and Chapter 13 are the two bankruptcy chapters most often considered by individuals. Both are federal court proceedings, but they address debt in different ways. The appropriate chapter depends on income, property, secured debts, recent financial activity, prior cases, and the goals a person is trying to accomplish. This overview explains several practical […]

A productive bankruptcy consultation begins with an accurate picture of income, expenses, property, debts, and recent financial activity. Organizing that information in advance can help counsel identify questions, compare available options, and explain what additional records may be needed. Start with a complete debt list Gather recent statements and collection notices for credit cards, medical