Re: Is bankruptcy the best option?? @Horseshoez wrote: To me, the benefits of a Chapter 13 over a DMP were enormous: I had my debt reduced by roughly 80%; it is unlikely my creditors would have agreed to that much of a reduction. After my Chapter 13 was discharged I had zero ta...
It cites the alternatives to bankruptcy proposed by LaSalle Business Credit LLC to the company. Also noted is the factors that led to the success of the proposal.Bendix, RichardRasky, MitchSecured Lender
But bankruptcy may be the best option if your consumer debt — the kinds listed above that can be erased — equals more than half your income, or if it would take you five or more years to pay off that debt. Here’s what you need to know: You need a bankruptcy attorney: It’s ...
Is Bankruptcy Your Only Option? Understand your financial options because the idea of bankruptcy can be overwhelming. Attorney Jennifer Leigh Shea can help you understand your financial options.
NEW YORK (AP) — The Boy Scouts of America deflected questions about a report suggesting it is considering seeking bankruptcy protection, though the head of the organization said it is exploring “all options” as it tries to stay afloat while facing sexual abuse lawsuits and dwindling membership...
Gail MarksJarvis
To learn more about whether or not Chapter 7 or Chapter 13 bankruptcy is your best option,schedule your free, confidential consultationwith a Colorado bankruptcy attorney today. Our online scheduling system allows you to schedule a consultation at a time that is convenient for you. ...
While bankruptcy provides more immediate relief, the legal fees can add up quickly, and you'll owe many of them upfront. Debt relief programs, on the other hand,do not charge upfront costs. In fact, there are laws prohibiting them from doing so. ...
Many myths, anecdotes and half-truths about bankruptcy persist. On the one hand, the term conjures up images of Victorian debtors' prisons. On the other, we imagine fat-cats being allowed to walk away from their vast debts with impunity. “I think bankruptcy information in the public ...
Chapter 7 involves liquidating assets to pay creditors and then closing down operations. This is often the best option for businesses with insurmountable debt and no viable path to profitability. Whether for individuals or businesses, meeting the eligibility criteria for Chapter 7 bankruptcy provides a...