Timing is crucial if you are planning to file bankruptcy to get out of debt. When the holidays come around, many people with serious debt issues try to work around their financial troubles because they feel it will be better to just deal with it next year. However, if you spend too much time and effort worrying about your holiday obligations, your…Read More
According to a report from CNBC, more Americans are now filing for bankruptcy due to medical debt than ever before. Although most people think that medical bankruptcy only deals with hospital and doctor bills, it can also be the result of lost income related to an accident or illness. Even when a person has health insurance, the staggering cost of medical debt can…Read More
Our legal team at Bach Law Offices, Inc., Inc. understands how overwhelming it can feel when you are drowning in debt. Debt can prevent you from obtaining your financial goals, such as buying a new home or saving enough money for retirement. This is why you should make a plan that can help reduce your debt and get your financial…Read More
Can you no longer afford to pay all of your debts? Are you considering filing for bankruptcy but not sure what will happen to your car? When you file for bankruptcy, you will have the chance to cancel your installment contract and surrender secured collateral (your car). So if you file for Chapter 7 and decide to surrender your motor…Read More
Are you a veteran who receives Social Security disability benefits? Are you struggling to pay your debt? Have you considered bankruptcy, but heard that you will lose your benefits because you are a veteran? While you may have read alarming headlines that say veterans can lose their disability if they file for bankruptcy, it is only meant to grab your…Read More
If you are having trouble paying off your bills and you are starting to get notices from creditors, you should consider the following options to help you resolve your financial crisis: Make A Budget The first thing you need to do is assess how much income you have coming in and how much money you spend. Make a list of…Read More
At Bach Law Offices, Inc., we understand that at some of our clients will want to purchase a home again after their bankruptcy is complete. But before you start looking for a new home, you should first make sure that several things are in place. The first thing you need to do is make sure you have enough money in…Read More
At Bach Law Offices, Inc., we often get asked, “What will happen to my car loan if I decide to file for bankruptcy?” The answer to this question varies depending on the type of bankruptcy you file. Chapter 13 Bankruptcy Under a Chapter 13 bankruptcy, you can convert the unsecured portion of your car loan into general unsecured debt, which…Read More
At Bach Law Offices, Inc., our team of experienced bankruptcy lawyers is committed to helping clients obtain relief from their debts and get a fresh start on their finances. Our legal professionals are here to explain all of your options when it comes to filing bankruptcy, and we will gladly guide you through the entire bankruptcy process and provide you…Read More
Many of the clients who come to us to get help resolving their debts end up filing for a Chapter 7 bankruptcy because the process is shorter than a Chapter 13 bankruptcy. Unfortunately, many people who are overwhelmed with debt choose not to file for either bankruptcy option because they are worried it will have a negative impact on their…Read More
