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Paying Creditors on the Eve of Bankruptcy

Paying Creditors on the Eve of Bankruptcy

When meeting with folks to discuss solutions to their debt woes, a popular question often pops up: “Should I be paying creditors on the eve of bankruptcy?” These payments are called preferential payments.  On the surface it seems like an honest inquiry and...
Bankruptcy – The Good, The Bad And The Ugly

Bankruptcy – The Good, The Bad And The Ugly

Content goes here You find yourself with a pile of debt, not enough money to pay it and a phone that won’t stop ringing! The same few collection agencies literally call you five times a day. What do you do about it? Bankruptcy, maybe? The short answer is that...
Can I File Bankruptcy on Student Loans?

Can I File Bankruptcy on Student Loans?

Can I file bankruptcy on student loans? The short answer is: it depends. It depends on the type of student loan –bank or government; and how long you have been out of school. In this blog we will go into further detail about the rules on getting a discharge from...
How Can I File Bankruptcy

How Can I File Bankruptcy

It is a beautiful day outside and you would love to take the family out for the day but you’re wondering how to afford it after spending hundreds of dollars on minimum payments towards your debt. You wonder how long this will go for and you look at the bottom of your...