10 Benefits of Filing a Chapter 7 Bankruptcy
Filing bankruptcy is a significant decision that can have far-reaching effects. For many struggling with overwhelming debt, a Chapter 7 bankruptcy offers a fresh start and a path to financial stability. As a Rhode Island consumer bankruptcy lawyer, I have witnessed firsthand the transformative impact that Chapter 7 bankruptcy can have on clients’ lives. This […]
Health Care Costs and Filing For Bankruptcy
Sometimes Bankruptcy is necessary to wipe out unpayable medical bills.
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.
RI Bankruptcy Advice: Tell the Truth
Your Duties to Disclose During Bankruptcy A successful Chapter 7 bankruptcy requires honesty in order to work. When filing for bankruptcy in Rhode Island (or any state for that matter), honesty is not just necessary: it is mandatory. Anyone filing for bankruptcy should know that they are expected—required, rather—to act in good faith and be completely […]
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.
College Students And Overwhelming Credit Card Debt
Banks target college students and pay big money to get on college campuses. Buy now, pay later can appeal to a struggling student, but can often lead to overwhelming credit card debt.
“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.
