Richard Shea
To file or not to file? It is the big question many struggle to answer when facing financial uncertainty. Maybe you should be asking, is now the right time to file? Timing can be important in certain bankruptcy filing situations. Reviewing your situation with a bankruptcy professional can help you determine whether or not it … Read More
After working and saving for your golden years, a sudden illness forces you to quit work. The medical bills start piling up and creditors begin calling. Filing for bankruptcy stops the harassment, but what if you lose your nest egg? Unfortunately, this scenario is more common than we would like. If you are facing an … Read More
The court-appointed Trustee serves a different role in a Chapter 13 filing than a Chapter 7 bankruptcy case. Administration is their primary function, keeping accurate records of your payments and creditors’ compensation, whereas their responsibility is to liquidate the client’s assets to pay back a percentage of what is owed in a Chapter 7 filing. … Read More
Whether you go through Chapter 7 or Chapter 13 bankruptcy, most types of debts are discharged at the end of your case. It should be the last you hear of them. Unfortunately, some unscrupulous debt collectors may try to resurrect them. Creditors sell unresolved debts to collection agencies for pennies on the dollar. Some … Read More
Chapter 13 bankruptcy repayment plans can last three to five years. Living under a strict budget is tough. If life throws you a curve ball and your car is totaled or disabled, will you be allowed to buy a new vehicle? The Short answer is yes, the Bankruptcy Court and Trustees are not unreasonable. A … Read More
Sometimes unexpected expenses just find you. If you are going through a bankruptcy, how you handle bills that you accumulate after your bankruptcy is filed can be the difference between a successful bankruptcy and continuing debt issues. Debts incurred after your case filing date are not included in your bankruptcy case. They are not discharged … Read More
Loss of a job is a leading reason many people turn to bankruptcy. There is no stipulation that a person needs to be employed to seek financial relief. Depending on the type of bankruptcy you choose, unemployment may not be a concern. A bankruptcy professional can help you work out the best option for you. … Read More
Filing for Chapter 13 provides immediate relief from your creditors but is does require some commitment. A Chapter 13 helps change the way you think about and handle money. During Chapter 13, you must dedicate yourself to staying on a budget to repay your debts. Most individuals who go through this type of bankruptcy … Read More
Often elderly and disabled citizens worry they will lose their Social Security benefits if they file for bankruptcy. For many people, this monthly check is a lifeline. Those facing mounting debts due to unexpected medical expenses or the loss of a job, let fear of losing benefits prevent them from considering bankruptcy as a solution … Read More
If your debts are mounting and your creditors file lawsuits against your relating to debt, the resulting judgments can become liens against real estate (a house or land) that you own. A lien is a legal notice attached to a property, requiring the lien get paid before any transfer or refinancing of the property can … Read More
Attorney Advertising. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.
No upfront attorney fees in qualifying cases. Pay only court filing fee, credit reporting fee, and pre-bankruptcy credit counseling session fee to get a case on file to stop garnishments, repossessions, and certain court actions. Restrictions may apply. Please call to discuss your situation and learn how we can help.
