A bankruptcy mill, or bankruptcy factory, is a lawyer or law firm that treats clients like commodities. Imagine a flour mill. Wheat comes in, it all goes through the same grinder, the same [...]
Money is one of the most common causes of divorce. More precisely, lack of money or lack of control over spending money is one of the most common causes of divorce. When a couple divorces, [...]
This is always a big question on people’s minds when they finally make the decision to file bankruptcy. Who should they tell? Who must they tell? Who will find out and how? How Many People [...]
When someone files either Chapter 7 or Chapter 13, she has a choice about secured debt (debt where a creditor can repossess or foreclose on property). The first option is to retain the property, [...]
Deciding to file bankruptcy is difficult. But then the difficulty only compounds when it comes to choosing an attorney. We’ve talked about what to look for in choosing an attorney here. [...]
People often don’t realize that there is more than one choice when filing bankruptcy. There are actually six types of bankruptcies, but only four are available to individuals. The type of [...]
If you’ve decided that bankruptcy is an option, or if you think it might be but want more information, there’s no shortage of resources. The problem is, how to decide which attorney [...]
People sometimes ask, how much debt do I need before I can file bankruptcy? Sometimes they phrase it, do I have too much debt to file bankruptcy? The answer is simple. You can file for any amount [...]
On March 26 I wrote a post saying that coronavirus will bankrupt far more people than it kills. We’re seeing that come to fruition. Two large businesses have filed bankruptcy just in the last [...]
The economy is starting to reopen, but for millions of Americans, it’s already too late. If you’ve noticed, much of the news coverage for Covid-19 is focusing on the economic devastation caused [...]
