You might think that if someone is judgment proof, no one can get a judgment against them. No, that’s not correct. What Does “Judgment Proof” Mean? What it means is that even though a [...]
Chapter 7, the most common form of bankruptcy and the one most people think of when filing bankruptcy, is often seen as little more than filling out a few forms. The bankruptcy court’s [...]
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 [...]
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 [...]
This is a question I get a lot. How do you know it’s time to consider bankruptcy as a real option? There’s no set answer and no right or wrong answer. But here are some things to [...]
The economy is circling the drain. SBA loans to small businesses ran out in less than a week. Stimulus checks are starting to arrive, sort of, but no one knows when. The country has been shut [...]
I went to the cleaners this morning to pick up my shirts. Usually their shop is buzzing with activity: workers pressing shirts, suits and dresses; retrieving cleaned items for customers; hauling [...]