Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
Should You File Bankruptcy? Assessing Your Financial Situation
Should I file for bankruptcy? This is one of the most asked questions among people in financial distress who owe more than what they can pay. If you are in the same situation, don’t consider filing bankruptcy as a dangerous option. In fact, a bankruptcy petition may give you [...]
Bankruptcies during the COVID-19 Outbreak
Because of the safety protocols imposed in response to the global COVID-19 pandemic, many federal bankruptcy courts throughout the United States have adopted modified operations to ensure that physical distancing is observed at all times and to prevent beginning a contagion in a United States bankruptcy court. In Washington, [...]
Pros and Cons of Filing Chapter 7 Bankruptcy
Filing for bankruptcy is not an easy decision.You will need to weigh in factors such as your capacity to pay off creditors, the list of exempt property and nonexempt assets you have which will be placed in a bankruptcy estate, where you can get legal advice, and even how [...]
Weighing the Costs of Filing a Chapter 7 Bankruptcy
For debtors with high amounts of unpaid loans, paying off creditors using their savings is not the only option. In fact, borrowers who own valuable and nonexempt property may choose to file for a Chapter 7 bankruptcy. However, choosing this type of bankruptcy involves weighing both the financial and [...]
Bankruptcy Alternative
If you’re facing serious financial problems, you may be considering filing for bankruptcy. In many cases, bankruptcies were an apt solution for people who have been struggling financially. While filing bankruptcy is often the last resort for debtors, it’s also possible that they may not realize what alternatives there [...]
Chapter 13 Bankruptcy Best Effort Requirement
Are you under financial distress and considering declaring bankruptcy? Bankruptcies have long been the answer to debtors looking to have their debts discharged, so find out what your options are in getting the best possible results when you file for bankruptcy. There are different types of bankruptcy in the [...]
