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If you are filing for bankruptcy, you must complete several steps before you are officially granted a fresh start. One of those steps is called the meeting of creditors, or a 341 hearing. Essentially, the meeting of creditors is when you, your attorney, your trustee, and creditors analyze and discuss your current financial situation. While […]

If your bank account has been frozen, your personal wages are being garnished, or you are no longer capable of paying off your credit card or medical bills, you are most likely more than ready for financial relief. Thankfully, for many, filing for bankruptcy is just that. However, though bankruptcy can be the “light at […]

If you are considering filing for bankruptcy, you are most likely frightened and worried about what the future holds. Fortunately, bankruptcy is a breath of fresh air for many. Knowing that you can keep your house and essentially start over is all some people need to sleep at night. However, you must do certain things […]

Annual American bankruptcy filings are up by over 4,000 since 2016. A growing number of Americans living in our country’s big cities, such as New York, are in debt and are therefore using bankruptcy to mitigate the effect of their overwhelming debt loads. Fortunately, the problem is not so widespread that it could be considered […]

“Bankruptcy” is a word that frightens many people. It has a stigma attached to it, which leads people to feel ashamed of filing. Unfortunately, this is an unfair stigma, as people have been filing for bankruptcy for a very long time, and in reality, bankruptcy is designed to help individuals get back on their feet […]