Monthly Archives: June 2024
What Is the Automatic Stay in Bankruptcy?
When debts become overwhelming for individuals and businesses, filing for bankruptcy can offer some relief from creditors. Individuals have the option of filing Chapter 7 or Chapter 13 bankruptcy, whereas businesses have the option of filing Chapter 11 bankruptcy. The automatic stay is one of the most crucial protections U.S. bankruptcy laws provide for… Read More »
Asset Protection: What It Is and Common Strategies for Asset Protection
One of the most crucial things a person can have is financial security. One of the best ways to ensure financial security is through asset protection. It is vital for everyone to understand asset protection. Whether you are a business owner, investor, or just someone seeking to preserve your hard-earned wealth, it is vital… Read More »
How Will Filing a Chapter 7 or 13 Bankruptcy Affect My Credit?
Filing for bankruptcy can offer relief if you are struggling with overwhelming debt. Filing for bankruptcy can allow you to start afresh. If you are struggling to keep up with debt payments and are considering filing for either Chapter 7 or 13 bankruptcy, it is understandable if you have questions. One of the most… Read More »