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Documents You Will Need to Submit to File for Bankruptcy

When going through financial hardship, filing for bankruptcy is among the promising options to achieve debt relief.

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Hiding Assets in Bankruptcy

QUESTION: What do former baseball star Lenny Dykstra and TV “Real Housewife” Teresa Giudice have in common? ANSWER: They both committed bankruptcy fraud and served time behind bars.

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The Differences Between Chapter 7 & Chapter 13

Bankruptcy is all about the numbers. There is the amount of money you owe, the amount of income you earn, and the amount of money it will take to satisfy your debts. Even the names of different categories of bankruptcy are numbers: Chapters 7, 9, 11, 12, 13, and 15. Especially if you don’t have a head for numbers, it can all get quite confusing.

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COVID Student Loan Forbearance

The COVID-19 pandemic has affected nearly everyone in some way or another. Whether it took a toll on your family’s health, or hurt your pocketbooks due to businesses closing down, there’s no doubt that as a country—and as a global community—we’re still digging out from the havoc the pandemic caused. Fortunately, there are several federal and local assistance programs that have started up to help citizens through this time, and one of the most helpful is the COVID forbearance period for paying back student loans.

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Why an Attorney Is Important When Filing for Bankruptcy

If you experience financial hardship and are unable to repay your debts, you may be considering filing for bankruptcy. While bankruptcy can help you overcome mounting debt and achieve financial freedom, filing for bankruptcy is a complex and daunting process.

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How Much Does it Cost to File for Bankruptcy?

If you’re considering filing for bankruptcy, there are several considerations you’ll need to take into account before taking action. Many people falsely see bankruptcy as failing and think it will ruin their finances.

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Can Bankruptcy Affect Immigration Status for Me & Relatives?

You’ve made it to the United States as an immigrant and you have a green card giving you lawful permanent resident (LPR) status. You hope to bring your loved ones still overseas to join you, just as you also hope to become a naturalized citizen. Yet, you have debts growing out of control and you must deal with that crisis at the same time. Is it possible to file for bankruptcy and still retain your LPR status and file to become a citizen?

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Will Bankruptcy Affect My Security Clearance?

Working for the government requires having a security clearance. The security clearance allows you to have access to certain classified national security information.

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How Bankruptcy Affects Your Spouse

Life's financial curveballs can strike unexpectedly and make it difficult for you to pay bills or meet your financial obligations. Thankfully, filing for bankruptcy is among the promising options to help married couples facing financial distress achieve debt relief. However, before you file for bankruptcy, it is vital to understand how your bankruptcy petition will affect your spouse. Our knowledgeable Virginia bankruptcy attorneys can enlighten you about the impact of bankruptcy on your spouse and help you navigate key decisions.

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Medical Debt and Bankruptcy

Many Americans will face a medical emergency in their lifetime, and they will have to find a way to pay the bill. But it’s not just sudden medical emergencies that lead to expensive treatments and high bills.

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