Pros and Cons to Consider Before a Providence Bankruptcy Filing
When is a Providence bankruptcy filing the right choice for your debt problems? For each person, the answer is different. Some debtors are so overwhelmed with credit card debt, it affects their health. Others experience strained family relationships, or difficulty concentrating at the workplace. They feel as though they were treading water in the middle […]
Rhode Island Bankruptcy Debtors Catch a Break
Twice a year, the US Census Bureau and the IRS provide data used by bankruptcy lawyers to determine who qualifies for debt relief. On May, 1, 2012, the new income numbers became effective for all new bankruptcy case filings. The good news is that median income figures rose for all household sizes in Rhode Island. Below […]
Top 7 Reasons To File Chapter 7 vs Chapter 13
Here are the 7 most common reasons to file a Chapter 7 bankruptcy instead of a Chapter 13 bankruptcy.
How To File a Chapter 7 Bankruptcy Petition
Chapter 7 bankruptcy timeline helps explain how a typical bankruptcy works.
Get Bankruptcy Advice Even If You Have No Intention To File
Getting timely bankruptcy advice is helpful even if you have no intention to file for bankruptcy relief. If you are dealing with more than $ 10,000 in unsecured debt and want to know all of your options, a respected bankruptcy attorney should be the first financial adviser to call.
Which Debts To Pay First
Not all debts are created equal. Don’t waste your limited resources paying down credit card debt, when you need to keep current on your house mortgage and car loan. Prioritize your debts based on secured versus unsecured.
“How Much Do You Charge To File Bankruptcy”
What does a Rhode Island Bankruptcy Cost? An experienced bankruptcy lawyer should quote you a fee tailored to the complexity of your case. There is no one-price-fits-all because every case is different. Be skeptical of any attorney who quotes you a fee without first taking the time to understand your situation.
Bankruptcy for RI Seniors
Bankruptcy Relief For RI Seniors “An increasing number of Americans aged 65 and older are declaring bankruptcy,” writes Reuters in a recent report. “Those aged 65 and older represented seven percent of bankruptcy filers in 2007, a mind-boggling jump from 1991. They are easily the ‘fastest-growing age demographic…’” The sad fact is that many older […]
Do Chapter 7 Debtors Have to go to RI Bankruptcy Court?
In most cases, debtors who file for Chapter 7 bankruptcy relief in Rhode Island, do not have to go the RI Bankruptcy Court. Instead, they attend a brief hearing known as a Section 341 meeting of creditors that typically lasts less than 5 minutes.
