Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
Is Bankruptcy Beneficial to Senior Citizens?
While bankruptcy often seems to be suggested as a way to stop harassment from collectors, if not totally eradicating one’s debts,  seniors and retirees should carefully consider their options thoroughly.  How much or how little property they have acquired may work against them.If the elderly have inherited or acquired substantial [...]
Bankruptcy Case Dismissal Without Prejudice
What Is A Bankruptcy Case Dismissal Without Prejudice?When you file for Chapter 7Â or Chapter 13Â Â bankruptcy, you must meet certain requirements to complete your case and get a discharge. If you are not able to comply with all the necessary requirements or steps, the bankruptcy court can dismiss your case with [...]
What are the Top Causes of Bankruptcy?
A common misconception is that irresponsible people are the ones who usually file for bankruptcy. However, nothing could be farther from the truth. While it is true that bad budgeting or overspending may be attributed to being irresponsible, managing money is harder than ever thanks to inflation. Thus, a combination [...]
Which Type of Bankruptcy is Better for A Small Business Owner Like Me?
When you find your small business in the red, bankruptcy may be your best option. Restructuring your debts under Chapter 11 or Chapter 13Â (with certain limitations) may be the saving grace to keep your company afloat. On the contrary, if you are planning to close down your business, a "straight" [...]
Can A Self-Employed Individual File For Bankruptcy?
Yes, you may file a Chapter 7 or Chapter 13 bankruptcy as long as you can establish and prove your average income for the six months prior to filing your case.If you are self-employed or an independent contractor looking into filing Chapter 7 or Chapter 13 bankruptcy, Â you need to [...]
What Can Bankruptcy Attorneys Do For Me?
If you are considering bankruptcy in Seattle, you must already be in a dire financial situation. As such, you probably think it is better if you file bankruptcy on your own to save on attorney’s fees. However, you may not be aware that it is a big and expensive mistake. [...]
