Call Me Today 651-454-0007

Blog/Articles

Bankruptcy Misconceptions

One of the most misunderstood concepts in personal or business finance is bankruptcies. Unfortunately, many people will make costly mistakes, because they did not learn the facts about bankruptcies. Below are some of the most common misconceptions and how to avoid them.

Read the rest of entry »

How Exactly Does Bankruptcy Help?

When people arrive in my office, it’s often as a last resort. They’ve fought hard to try to stay afloat financially, but the waters of debt are rising too quickly. In many years as a bankruptcy attorney, I’ve seen countless individuals and families get the help they need from filing bankruptcy. So, how exactly does bankruptcy help?

Read the rest of entry »

How Bankruptcy Really Affects Your Credit

For many people, credit is a very personal thing, and the idea of filing for bankruptcy can be quite intimidating. Often, for those considering it, they wonder how bankruptcy affects their credit. Well, with over 20 years experience as a bankruptcy attorney, I can confidently say that it doesn’t have to be an intimidating process, especially with help. While it’s true, bankruptcy does affect your credit score; it doesn’t leave the long term black mark that you might expect. Let’s take a look at how it does affect your credit.

Read the rest of entry »

Life After Bankruptcy Discharge

If you find yourself in financial trouble, struggling to make ends meet and choosing between bills to pay, you may consider bankruptcy to help alleviate the weight of your financial burdens. As you consider the process, like many others you may also find yourself wondering what life after Chapter 7 or 13 bankruptcy discharge is like.

Read the rest of entry »

Debt, Your Business, and Bankruptcy

Naturally, being a business owner involves a lot of risks, and at times the result is a payoff, but not all the time. When things don’t go so well for a business, the owner is the one responsible for the fallout. The owner may have some debts related to the business, and when the income begins to dwindle, they cannot keep up with the debt payments. If this sounds familiar to you, it may be the moment to turn to bankruptcy.

Read the rest of entry »

Should I Consider Filing Bankruptcy?

If you find yourself thinking of filing bankruptcy, you may have a lot of apprehension and questions. Bankruptcy is a great tool available to help people hit the reset button on their finances. While the law can be tough to navigate, a bankruptcy attorney such as myself can lend a helping hand, making the process smooth and stress-free. After over 20 years of experience as a bankruptcy attorney, I can assure you it can greatly benefit you if you’re struggling with burdensome debts.

Read the rest of entry »

How Does Chapter 13 Bankruptcy Work?

There are different types of bankruptcy, and two in particular that I specialize in: Chapter 7 and Chapter 13. These two kinds are available so that filers are able to determine the best course of action suited to their financial circumstances. While I’ll be focusing here on Chapter 13 bankruptcy, you can read more about Chapter 7 here. To put it plainly, the biggest difference with Chapter 13 is that with this type of bankruptcy, you agree to pay back some debts, as opposed to discharging them all within the filing.

Read the rest of entry »

Bankruptcy on Social Security

The beginning of your retirement is meant to be the start of your golden years. It’s a time in life that you’ve worked hard to get to and should be able to enjoy. But if you’ve also been struggling with debts for years, they might still be making your life difficult when you’re meant to be free of financial stress.

Read the rest of entry »

Assets: Before & After Bankruptcy

While bankruptcy gets a bad reputation, it is a great tool meant to eliminate debts that have snowballed beyond your control. If you’ve found yourself seriously considering bankruptcy as a means of relief from a heavy burden of debt, you probably have many questions. One of the most common areas of concern and misconception is when it comes to assets.

Read the rest of entry »

What Bankruptcy Can’t Do

Today with many options available for purchasing things on credit, it can be easy for finances to get out of control. Then you constantly feel like you’re taking two steps forward and one step back! There is no shame in turning to bankruptcy, especially when your debts are ruling your life. In fact bankruptcy is a tool to pursuing financial freedom, and is there to help people like you get a fresh start financially.

Read the rest of entry »