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What is a Bankruptcy Trustee?

What is a Bankruptcy Trustee?

Bankruptcy is a legal process that allows individuals and businesses to seek relief from overwhelming debt. Throughout the bankruptcy process, a bankruptcy trustee plays a crucial role in overseeing and administering the case. The trustee is an official representative...

Do You Need a Bankruptcy Lawyer?

Do You Need a Bankruptcy Lawyer?

Bankruptcy can be difficult and overwhelming, but it can also provide a fresh start and relief from overwhelming debt. When considering bankruptcy, one of the critical decisions you'll need to make is whether or not to hire a lawyer. While it is possible to file on...

5 Bankruptcy Benefits

5 Bankruptcy Benefits

When debt overwhelms you, it can be hard to find a solution that works for you. Many people might not even know that there are ways to get rid of pesky collector calls and the general stress of seeing bills pile up. Overwhelming debt negatively affects your credit,...

How Bankruptcy Affects Credit

How Bankruptcy Affects Credit

Have you wondered how bankruptcy affects credit? The fact is that when making the decision to file for bankruptcy, the impact on your credit score is an important factor. The bankruptcy outlook will likely continue to increase thanks to inflation and rising living...

What Are 3 Types of Bankruptcy?

What Are 3 Types of Bankruptcy?

There are 3 types of bankruptcies we're going to talk about today. In today’s economic climate, things are tough for many Americans. Because of this, bankruptcy is rising, mainly due to inflation and rising costs. If you are considering filing for bankruptcy as an...

Bankruptcy Outlook for 2023

Bankruptcy Outlook for 2023

What is the bankruptcy outlook for 2023? The financial markets have been volatile since February 2022, when a combination of factors led to struggles that hit American wallets. Wartime conflict, rising inflation rates, the residual pandemic impact, and staffing issues...

Are Bankruptcies On The Rise?

Are Bankruptcies On The Rise?

Over the past few years, most Americans have faced financial struggles. In many ways, these have intensified even in the last few months. According to several sources, bankruptcies did increase in 2022. In a recent article, we discussed how common bankruptcy is and...

How Common Is Bankruptcy?

How Common Is Bankruptcy?

In today's economic climate, financial concerns are quickly growing with the rise of gas prices, grocery costs, and the ever-impending doom of the housing market. It's no secret that many are struggling to stay afloat and balance the rising cost of living with the...

How To Build (Or Rebuild) Credit

How To Build (Or Rebuild) Credit

Whether you want to build your credit from scratch or fix it after some mistakes, you can take steps to meet your goals. Understanding your credit can help open doors to financial success, the ability to purchase cars and homes, and so much more. But knowing how to...

What Do Real Estate Lawyers Do?

What Do Real Estate Lawyers Do?

Are you planning to buy or sell a home in Massachusetts? In Massachusetts, a real estate attorney is required to be present at all closings. So what do MA real estate lawyers do? Why should you consider hiring a real estate lawyer? Buying or selling a home can be...

Should You File for Bankruptcy?

Should You File for Bankruptcy?

Do you face a mountain of debt? Is it becoming more and more difficult to stay on top of your payments? Have other life circumstances affected your ability to pay bills? If so, you may have considered bankruptcy. But how do you know if that’s the right choice for you?...

How To Prepare for a Recession

How To Prepare for a Recession

Though we are not currently in a recession, fears about an impending economic downturn have many Americans reassessing their finances and budget. As financial stress and gas prices rise, there are a few things you can do to prepare your finances and be ready for any...

Slip And Fall Accidents

Slip And Fall Accidents

While not every slip and fall accident falls under a personal injury claim, there are some things to consider if you have been injured by a fall. Typically if your footwear or actions create an injury, you would be responsible for your own medical bills. However, if...

Why Hire A Real Estate Attorney?

Why Hire A Real Estate Attorney?

Real estate attorneys can help you in many ways, from providing drafted contracts to ensuring a smooth closing process. Depending on the case, real estate attorneys work with buyers and sellers and offer foresight and reduction of problems that can arise in the...

4 Tips to Keep Yourself Debt-Free This New Year

4 Tips to Keep Yourself Debt-Free This New Year

Are you ready to keep yourself debt-free in 2022? The new year is a restart time for many, as we plan resolutions and goals, so it's the perfect time to get clear on your budget and "invest" in your financial wellness. Here are a few ways you can avoid debt as you...

Holiday Spending Habits

Holiday Spending Habits

It’s easy to overspend this time of year. Holiday parties. Gifts. Black Friday deals. Vacations. These are all good things, but if we’re not careful, our wallets can empty quickly. Is it possible to get through the holidays without breaking the bank? The answer to...

What Counts as a Pedestrian Accident?

What Counts as a Pedestrian Accident?

Although we would all prefer this not to be the case, accidents can and do happen. Some are more dangerous and impactful than others. Pedestrian accidents, for example, are more involved than simply spilling your drink on your computer. If you have been in a...

All About Personal Injury Legal Claims

All About Personal Injury Legal Claims

In 1994, a woman sued fast-food giant MacDonald’s after a burning cup of coffee fell on her lap. She was left with third-degree burns and had to undergo skin grafting procedures in the hospital. After the case went to trial, the woman won her suit and was awarded...

What Is Credit Counseling?

What Is Credit Counseling?

If you want to file for bankruptcy, you will be expected to provide a credit counseling certificate at some point during the process. This is because, to finalize bankruptcy, the courts need to determine that you can demonstrate how to rebuild your credit. The process...

What Do You Need To File for Bankruptcy?

What Do You Need To File for Bankruptcy?

Are you ready to file for bankruptcy? While the process might seem overwhelming, ultimately bankruptcy might help you get relief from the constant debt collector calls. In order to get to that place, though, there is paperwork involved. The courts typically need to...

The Pros and Cons of Bankruptcy

The Pros and Cons of Bankruptcy

Are you considering bankruptcy? Thinking of whether it’s a good option for you? There is a lot of misinformation about what bankruptcy is and how it affects you. Just like any major decision, filing for bankruptcy requires careful consideration. This post will address...

Should I File for Bankruptcy?

Should I File for Bankruptcy?

Bankruptcy can be intimidating. It sounds like a daunting process, and sometimes it is. But for many people, for one reason or another, excessive debt and the inability to pay it back is a crushing reality. In these circumstances, bankruptcy may be a good option for...

Chapter 7 vs. Chapter 13 Bankruptcy

Chapter 7 vs. Chapter 13 Bankruptcy

Bankruptcy is confusing for many people. Things get even more confusing once the differences between chapter 7 and chapter 13 bankruptcy come into play. So what exactly is bankruptcy, and how are chapter 7 and chapter 13 different? If you face an insurmountable amount...