For a debt to be secured, the creditor has to go through the right legal steps. Otherwise you don’t have to pay the debt.
Financial Freedom in Kentucky and Indiana
This 4th of July make your move towards financial freedom. Get informed. You’ll feel tons better once you know your options.
Bankruptcy As a Moral Choice
When is it moral to break your promises to pay your debts?
Timing Your Bankruptcy: Can Gift-Giving be a “Fraudulent Transfer”
Gift-giving, or selling for much less than actual value, can cause problems ahead of bankruptcy, but only if it’s a large gift.
Timing Your Bankruptcy during the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Don’t Pay a Favorite Creditor Before You File Bankruptcy
Doing what you believe is the right thing can backfire, if you pay a special creditor before you file bankruptcy.
Avoid Selling or Borrowing against Assets Protected in Bankruptcy
Give both you, AND your assets, a fresh financial start.
Mistakes You Can Avoid When Considering Bankruptcy
Decisions that seem to make sense at the time can end up being against your best interest. Hereâs what to look out for.
How Do You Pay for Your Bankruptcy Lawyer?
There are usually ways to pay for the legal representation you need for dealing with your debt problems. First find a lawyer you can trust.
Financial New Year Resolution #13: Consider Bankruptcy When A Vehicle Accident Was Your Fault
If your negligence helped cause an auto accident, you may be under financial stress from various directions. How bankruptcy can help.
Financial New Year Resolution #1: Get Informed about Your Options
You’re stuck. Very unhappy about your financial predicament but don’t know where to turn. So, resolve to get help in finding a solution.
If I Filed Bankruptcy Before, Can I File Again?
It’s a matter of timing. And that timing depends on whether you previously filed under Chapter 7 or 13, and what you are filing under now.
Is it OK to Sell or Give Away Some of My Possessions Before Filing Bankruptcy?
Don’t get caught up in a “fraudulent transfer.” It’s easier than you might think to do so, because it doesn’t take fraudulent intent.
Do I Need an Attorney to File a “Simple” Chapter 7 Bankruptcy?
The federal court itself says it is “extremely difficult” to go through a Chapter 7 case successfully without an attorney.
Crucial Question: Will My Employer Be Informed If I File Bankruptcy?
Not under Chapter 7; more likely under Chapter 13. But it’s illegal to be fired or discriminated against in your job for filing bankruptcy.