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All posts by: wfoster

Debt Consolidation Versus Bankruptcy

If you are like the millions of Americans struggling with debt, it is important that you know that there are options. While bankruptcy may be one of those options, it may not be the best fit for your specific financial...

33 Things Not to Do When Filing for Bankruptcy

Don’t leave out Bank, Checking, Savings, Brokerage, Credit Union accounts from your list of accounts. Don’t file if your income is greater than your expenses. Don’t use your credit cards within the 3 months of filing. Don’t take Credit Card...

How Much Does Bankruptcy Cost?

During these unprecedented times, you may be one of the millions of Americans facing financial difficulties. Creditors hounding you and threatening to take your property can begin to take a toll. While you are making your best effort to satisfy...

Bankruptcy and Student Loans

There are many advantages of pursuing a college degree. The job opportunities a college education can provide are limitless. Still, with the cost of attending college continually on the rise, you may be forced to take out large loans in...

What Does Filing For Bankruptcy Mean?

If you are like the millions of Americans who are stuck in a seemingly never-ending cycle of debt, you are probably searching for a way out. You’ve done your best to meet your obligations, but you still may not be...

Discharge student loans outside of Bankruptcy

There are many Student loan workout programs to choose from. For disabled student loan borrowers, there is a program that can discharge their student loans entirely known as the Total and Permanent Disability Program (TPD). See www.disabilitydischarge.com. There are a...

Top Three Reasons People File Bankruptcy

To Stop Creditor Harassment and Garnishments By law, the creditors must stop calling you once you have retained bankruptcy counsel or have filed bankruptcy. By hiring an experienced attorney you can transfer those unwelcome calls to the attorney’s office. Once...

What is Bankruptcy?

What is Bankruptcy? Bankruptcy is a form of debt relief provided under title 11 of the U.S. Code. There are two forms of consumer bankruptcy including chapter 7 and chapter 13. Chapter 7 is a liquidation bankruptcy. There is no...

Preparing for bankruptcy. Required Documents

Sources of income: You must document all sources of your income for the seven calendar months prior to the month the bankruptcy case is filed. If you file in July, you will need all your paystubs from January 1st through...

Chapter 13 Confirmation Hearing

After a debtor files for chapter 13 bankruptcy, the court schedules a confirmation hearing. If there are no objections to the debtor’s proposed chapter 13 repayment plan, the court will vacate the hearing and confirm the chapter 13 plan without...