When You Should Consider Bankruptcy
Bankruptcy can seem like a scary alternative. The word itself has a bad ring to it. Unfortunately, the media contributes to this ominous feeling with nightmare tales of large companies…
Chapter 13 Bankruptcy: The Basics
Chapter 13 bankruptcy, better known as a wage earner's plan enables individuals with regular income to develop a plan to repay all or part of their debts. Under Chapter 13,…
What Is Chapter 7 Bankruptcy?
If you struggle to make your credit card and loan debt payments on time, Chapter 7 bankruptcy may be right for you. Chapter 7 bankruptcy is a viable option for…
Tax Refund Question & Answer
There can be so many questions around tax time, especially when there is a bankruptcy in question as well. The Law Office of Brent M. Myer, PLLC, can help answer…
Is Chapter 13 Bankruptcy Right For Me?
Chapter 13 Bankruptcy is often referred to as a wage earner’s plan. Chapter 13 allows individuals to repay all or part of their debts over a period of 3 to…
Chapter 7 Bankruptcy
Eligible for Relief? In order to file for Chapter 7 bankruptcy, you must pass two budget-based tests. First, the Court looks at your current income and living expenses as listed…
Debt Settlement Options
Debt settlement may be a viable option under certain circumstances. First, the stage of a collection on the debt. Has the account been turned over to a collection company? Such…
House being foreclosed?
Chapter 13 may be the answer. Chapter 13 is a repayment plan over a period of 3-5 years. Reinstating your mortgage loan may seem hopeless because the mortgage company wants…
Behind on car payments? Chapter 13 could be the answer.
When a Chapter 13 Bankruptcy case is filed all creditors must stop any and all debt collection efforts. Debtor collection efforts include attempts by a lender to repossess a car.…
What is a reaffirmation agreement?
A reaffirmation agreement makes you personally liable for a particular debt after the bankruptcy. It is as if you didn’t file Bankruptcy with respect to the debt reaffirmed. If you…