Personal bankruptcy is often seen as a low point in people’s lives. It shouldn’t be. The low point should be the event that has forced you into considering bankruptcy, for example, illness or job loss. Bankruptcy itself should be viewed as an opportunity for a fresh start – after all, that is the real reason [...]
If you intend filing for bankruptcy, then the best advice we can offer is to engage the services of a bankruptcy lawyer. While they will do the hard work when it comes to preparing your bankruptcy petition, there is still a lot of work that you need to do. Before preparing your petition, your lawyer [...]
The costs associated with engaging a bankruptcy lawyer can be high, however, in the long run, their services often save a bankrupt a lot of money. Simple mistakes in your petition can see the court dismissing it, forcing you to file again, and to pay the filing fees a second time. There is one important [...]
Over the last five years there has been a rapid increase in the number of people filing for bankruptcy. At the same time, there has been an increase in the number of lawyers either moving into bankruptcy as a specialization or taking on bankruptcy cases even though they specialize in other areas of law. Like [...]
Bankruptcy laws are there to protect everyone – debtors and creditors. There are times when the burden of debt becomes so great that you just cannot meet all the demands being made on you. You may find there are garnishes on your wages and/or bank account, debt collectors knocking on your door at all hours, [...]
