During the Chapter 7 case, it is not uncommon for me to receive a letter from a creditor threatening to file an objection to discharge of the debt owed to the creditor. In general, these letters are sent by one law firm which represents many of the large credit card companies.
Inevitably, the letter complains [...]
Many of my clients are small business owners who have a successful business, but for a myriad of reasons, have run into personal financial difficulty. The first question I am generally asked by such clients is whether they can file for Chapter 7 and still keep the business.
Fortunately, the answer is usually yes. [...]
Whether or not to sign a reaffirmation agreement is often one of the most important decisions to be made in a Chapter 7 case.
If you have given up collateral in exchange for a loan, you will probably be dealing with reaffirmation during your case. Creditors holding collateral, such as auto lenders, are called [...]
Clients are often interested in how they can rebuild credit after filing for bankruptcy. Although the credit report will generally reflect the filing of the bankruptcy for 10 years, it is a complete misconception that clients will not be able to obtain credit during this 10 year period.
Please be wary of companies [...]
