Are you thinking about bankruptcy but not doing anything about it? Are you putting off consulting with a bankruptcy attorney, hoping that things will get better? If so, you may be costing yourself a lot of money.
Bankruptcy would take everything I own. Wrong!
I keep hearing this despite writing about it several times before So lets take another look at this myth.
I gave my car to my brother and now I'm ready to file bankruptcy. Wrong!
If you gave your car to your brother and think you're ready to file bankruptcy, you are about as wrong as wrong can be.
If I had any money, I wouldn't need to come see you to file bankruptcy. Wrong!
I can't tell you how many times I've heard this, sometimes from a client or potential client and sometimes from others (as in "if someone has any money, they wouldn't need to come see you"). That's about as wrong as anything could be. (more…)
Considering bankruptcy? Here be Dragons…
|"Here be Dragons" is a phrase that was supposedly placed on old maps at the edges of the known world. In fact, that may not have happened but let's not let reality get in the way of a good phrase.|
What does "Here be Dragons" have to do with bankruptcy? (more…)
Be careful! Don't have money where you owe money.
If you have money deposited where you also owe money, you might find that your deposited money is gone. (more…)
You just negotiated a $10,000 debt down to $2,000!
You just negotiated a $10,000 debt down to $2,000. Isn't that great? (more…)
Save your assets! Don't wait too long.
Most bankruptcy attorneys will tell you that the most frequent mistake clients make is to wait too long to file bankruptcy. There's a natural reluctance to consider and file bankruptcy, and in that "delay" period people in serious financial trouble often do some of the following things. (more…)