Is bankruptcy like stealing

Is bankruptcy like stealing?  I have had this question recently ask of me.  My response in that is utterly false.  Every year, over one million people file for bankruptcy, whether through Chapter 7, Chapter 12 or Chapter 13. These are good people who are in difficult financial situations. While there is always a few bad… Continue reading Is bankruptcy like stealing

How bankruptcy stops foreclosure

First lets establish that foreclosures don’t happen overnight, it is usually after 3 or 4 missed payments on a mortgage that lead to a foreclosure action being filed. Foreclosure is the action a lender takes to obtain possession of the property that the loan was secured upon.   For most people when they talk about… Continue reading How bankruptcy stops foreclosure

Bankruptcy who to contact

When considering to file bankruptcy who to contact is a big deal.  Since bankruptcy is most likely one of the bigger financial decisions you will make in your life finding the right attorney to help is important.  When your filing make the decision to consider bankruptcy who to contact is the logical next decision.  You’ll… Continue reading Bankruptcy who to contact

What do I need to tell my attorney?

I know no one enjoys going to a stranger and telling all.  However when you are considering filing for relief from your creditors its advised that you have a trusted advocate on your side.  Finding an lawyer that you can trust that is near you is always helpful. At the Law Office of Douglas Barrett,… Continue reading What do I need to tell my attorney?

Bankruptcy and Divorce

More often than not divorce and financial difficulties go hand in hand. If you think about it this makes sense, because when two people who had previously been sharing at least some of their living expenses decide to part ways and establish separate households, each of them becomes responsible for paying for everything that they then… Continue reading Bankruptcy and Divorce

Bankruptcy can be hard let us make it easy

Recently an attorney friend of mine commented that the sign at the hearing location we were attending had misspelled the word bankruptcy. Bankruptcy can be a hard word to spell.  So I decided to start to keep a list of the many ways that I have seen the word misspelled on forms and emails sent to my office.  Here… Continue reading Bankruptcy can be hard let us make it easy