Automatic Stays Simplified
When going through the bankruptcy process there are many things that you need to be aware of. For most people, one of the most important is the automatic stay that gets put in place. An automatic stay is a key…
Neil Hedtke
What You Need to Know About the Means Test
Individuals who intend to file for bankruptcy have two options: a Chapter 7 filing or a Chapter 13 filing. Both of these types of bankruptcy aim to discharge your eligible debts in order to bring you financial freedom and peace,…
Financial Management for Small Businesses: Four Healthy Money Habits
Increasing your bottom line isn’t always about raising prices or bringing in new clients. A big part of a small business’s financial health that often gets overlooked is wisely managing the money you already have. Smart financial management can make…
How to Get Back into the System After Failure-to-File
Failing to file your tax returns is a serious (intentional or inadvertent) oversight that will assuredly get you attention from the IRS. However, failure-to-file is not an uncommon issue for many American taxpayers. If you have found yourself in this…
Four Bankruptcy Alternatives You Should Know About
When times are difficult financially, you may begin to feel a creeping fear that you will need to file for bankruptcy, either personally or for your business. It is important to understand that, while sometimes bankruptcy really is the best…
Understanding Wage Garnishments
If you are already anxious about your personal financial situation because of incurred debt and the constant calls from debt collectors, your stress could be exacerbated by wage garnishment. This practice, which can (usually) only occur after a court has…
What Happens If Your Bank Accounts Are Frozen After Bankruptcy
It’s a somewhat rare occurrence, but at times it does happen. What would you do if the bank froze your account after you filed for bankruptcy? Today we’re answering all of your questions about this undesirable possibility. Why would the…
A Brief Overview of the Common Chapters of Bankruptcy
Nobody wants to consider filing bankruptcy, but contrary to popular belief, it isn’t the end of the world. When you’re having debt problems and facing a repossession or foreclosure, it can actually be good for you. Bankruptcy stops all collection…
How a Divorce Can Impact Your Bankruptcy
If you’ve filed for bankruptcy, it’s not unlikely that tensions are running high at home. Relationship issues often come hand in hand with financial issues, and money trouble can really pull at any of the pre-existing little cracks in your…
4 Myths About Bankruptcy
When considering bankruptcy, it’s important to be sure that you have the facts straight! There are a lot of myths and misconceptions out there regarding bankruptcy, from what it implies about the person filing, to how the process works. At…