Understanding the Ins and Outs of Declaring Bankruptcy

Posted on: 19 March 2024

Declaring bankruptcy can be a daunting and overwhelming process, but it is important to understand the ins and outs before making such a significant financial decision. It is crucial to be informed about the various types of bankruptcy, the implications of declaring bankruptcy, and the steps involved in the process. In this blog post, we will explore everything you need to know when considering bankruptcy to help you make an informed decision.
[Read More]

Adversary Proceedings—Lawsuits Within Your Bankruptcy Case

Posted on: 7 July 2023

Your bankruptcy is a legal case brought before a specific type of court specially designed for this purpose. However, the actual bankruptcy isn't the only type of litigation seen by the bankruptcy court. It also handles adversary proceedings. What are these? When are they used? And how can you protect yourself? Here are some answers to your questions.  What Is an Adversary Proceeding? An adversary proceeding is simply the legal term for a type of lawsuit brought before the bankruptcy court.
[Read More]

3 Bankruptcy Law Aspects You Need An Attorney To Help You Handle

Posted on: 7 November 2022

Bankruptcy is a legal process where a person or business seeks relief from some or all of their outstanding debts. It can be done through the creation of a repayment plan, the liquidation of assets, or a combination of both. It usually comes as a last resort for individuals who cannot repay their debts and want to protect themselves from creditors. Knowing the basics of bankruptcy law before filing for it will enable you to make the best decision.
[Read More]

It's Time To File: What To Know About Timing Issues And Chapter 7

Posted on: 30 March 2022

Many considering filing for Chapter 7 bankruptcy may be curious about how long the process takes. That, however, is only one consideration when it comes to timing matters. Read on and find out what you should consider before you file, how long it takes to file, and when the process will be complete. What to Consider Before You File As soon as you begin thinking about Chapter 7, speak to a bankruptcy lawyer.
[Read More]