This time of year anyone that is considering filing bankruptcy needs to be aware of how bankruptcy impacts their potential tax refund. Potential Asset When filing bankruptcy, the Debtor has an obligation to list all of their assets.  That's easier...

By Ryan Blay, W M Law Attorney at Law With pressing major legislation and partisan conflict, Congress does not always take the time to review bankruptcy legislation.  When it does, however, it has taken some steps to make bankruptcy a...

Filing Bankruptcy in the United States is a legal proceeding that allows a debtor to sever the liability to certain financial liabilities.  In short, allows people to get rid of debt without paying it.  But, just because a person can...

Are you hibernating even though it is summer? Many clients we have seen in recent months have been hit with stagnating wages, coupled with ever-increasing costs of other necessities, have really taken a toll on the middle-class average Americans. The...

There are many options when it comes to addressing and dealing with debt problems.  One popular method is working with a Debt Consolidation company.  The idea behind a debt counseling company is that the company will work with your creditors...

There was a recent article in USA Today (https://www.usatoday.com/story/money/personalfinance/2017/08/24/cant-keep-up-more-americans-living-paycheck-to-paycheck/597162001/) which cited a survey performed by CareerBuilder.com that indicated that almost 80% of Americans are living paycheck to paycheck. If you think about that for a minute it will blow your...

Summer is here, and along with it often comes the opportunity to work overtime for seasonal industries such as construction and landscaping.  Working overtime can be great for your family's budget, but like any seemingly good thing, there can be...

I meet with many people who are enduring financial problems.  If their problem has persisted for an extended period of time they often have debts that are being reported as "charged off."  Most people think this means the creditor is...

  Many of my clients really love their credit unions because many credit unions really do provide excellent customer service – they are personable and compassionate, much more so than traditional banking giants.  Many of my clients are sad to...

One of the most important and basic elements of the Bankruptcy Code is the automatic stay which comes into effect the moment a debtor files for bankruptcy.  Automatic, immediate – an injunction against all your creditors to stop collection efforts. ...