On the mention of the word bankrupt, chills must be running down your spine. Bankruptcy is not what anyone would want to be associated with. Sometimes you may find yourself in that situation and wonder just how you got there. It cannot have just happened. It is a gradual process that will hit you once […]
4 Alternatives to Filing Bankruptcy
Personal bankruptcy is a major problem in the US. Back in 2005, personal bankruptcy filings reached an all-time high, with 2 million people filing. That number has decreased since then because medical insurance is more accessible. Back then 46% of bankruptcies were caused by medical expenses. If you’re worried about bankruptcy, there are alternatives so […]
The Different Reasons You Would Need to Hire an Attorney
You might think that you’ll never need to hire a lawyer unless you find out that there are cancer-causing chemicals in your water, and then your case gets turned into an Oscar-winning movie about a plucky legal secretary. In other words: Probably not ever. But the truth is that there are a lot of reasons […]
Bankruptcy Fees Are Set to Rise Under Trump’s Budget
A person who is planning to file for bankruptcy is in a sticky spot financially, to say the least. Already the fees alone – which are around $400 not including lawyer’s fees – can be a difficult pill to swallow for the insolvent consumer. And if that isn’t enough, consider this: Under President Donald Trump’s […]
In Tough Economic Times, Is Bankruptcy a Good Option?
NEW YORK—- During the recession of past couple of years, many consumers and small businesses are having a tough time making ends meet. The unemployment, reduced consumer spending, and mounting consumer debt are putting many Americans on the brink of insolvency. Cash strapped households and small businesses are desperately looking for solutions. Many turn to […]
How Do I Pick The Right Wrongful Death Lawyer While Grieving?
“Wrongful death” is an unforeseen passing of a loved one who would not have died but for the negligence or intentional lousy conduct of another person or persons. (Source – Wikipedia). Although it is treated differently under the statutes of the state you reside in, general negligence principles and tort law remain the underpinnings of […]
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