How many of the following statements apply to you at this stage in your life and career? _____ 1.  I have several credit cards that I am paying on every month.  I am current on payments and have never been late.  However, I am only able to make the minimal monthly payments on each card. _____ 2.  I earn good money at my job, but I am finding that I must work more overtime hours in order to afford all my bills every month.  Even with working more hours and earning more money, I am still struggling to make ends meet and often need to pick and choose which bills will get ..read more

If I had a dollar for every time that I was asked this question, I would be retired and spending my days on a sunny beach. The easy answer to this question is “it depends.” If you are current on your payments to the mortgage company and continue making timely payments after your bankruptcy case is filed, then you do not need to worry about “losing” your home in a foreclosure action. The mortgage company may ask you to sign a reaffirmation agreement on the loan after you file bankruptcy. A reaffirmation agreement is basically just a promise (new contract) by you to pay a debt after the bankrupt ..read more

One of the main reasons clients are hesitant to file for bankruptcy is that they erroneously believe that they should be ashamed or embarrassed for doing so. This is a needless waste of worry and energy, my friends. There is nothing shameful in making the financial decision to file bankruptcy. In fact, you may have been left with no other choice and are doing the best thing to improve your financial picture in the future. I have had clients break down in my office and believe that they are signing their own death warrant because they are filing for bankruptcy. They have misguided beliefs and i ..read more

If I had a dollar for every time that I was asked this question, I would be retired and spending my days on a sunny beach. The easy answer to this question is “it depends.” If you are current on your payments to the mortgage company and continue making timely payments after your bankruptcy case is filed, then you do not need to worry about “losing” your home in a foreclosure action. The mortgage company may ask you to sign a reaffirmation agreement on the loan after you file bankruptcy. A reaffirmation agreement is basically just a promise (new contract) by you to pay a debt after the bankrupt ..read more

One of the main reasons clients are hesitant to file for bankruptcy is that they erroneously believe that they should be ashamed or embarrassed for doing so. This is a needless waste of worry and energy, my friends. There is nothing shameful in making the financial decision to file bankruptcy. In fact, you may have been left with no other choice and are doing the best thing to improve your financial picture in the future. I have had clients break down in my office and believe that they are signing their own death warrant because they are filing for bankruptcy. They have misguided beliefs and i ..read more