Name: Attorney Mark Buckley, CFP
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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.

14 Lies About Bankruptcy

RI Bankruptcy lawyer separates fact from fiction concerning filing bankrupty. Those struggling with unpayable debt should learn more about bankruptcy relief.

Debt Settlement Plans: Part II

Debt settlement plans fail because they require unrealistic repayment terms. Contact a Rhode Island bankruptcy lawyer to understand all of your debt-relief options.

RI Bankruptcy Filing: Can’t I Just Keep One Credit Card?

RI Chapter 7 bankruptcy filers must list everyone they owe money to, including all credit cards with a balance and friends or family members.

RI Bankruptcy Law: Discharge vs Debt Cancellation

RI Bankruptcy Law: Understanding the tax difference between bankruptcy discharge and debt cancellation. Discharged debt is not taxable, but cancelled debt is.