11.19.2013 | by Lauren Lamb
None of my clients are ever happy about having to file for bankruptcy. They hope it will be a one-time thing and that they will never get into debt again. For most of my clients, that is the case. They have moved on after the bankruptcy, repaired their credit, gotten better jobs, purchased homes, etc. Unfortunately, some people find themselves in debt again. There is a misconception that people can only file for bankruptcy once in their lives. While there are some restrictions on how often a person can file for bankruptcy, you can file for bankruptcy more than once.
11.13.2013 | by Lauren Lamb
There are a lot of misconceptions about bankruptcy. One of the biggest ones is that the Court will sell everything you own in order to pay your debts. This misconception leads some people to not consider filing for bankruptcy when they should, and it leads others to go to extremes to get rid of property before filing.
11.12.2013 | by Chris Frye
For most of my clients, the hardest, most stress-ridden part of the bankruptcy process is picking up the phone and calling my office. This is because coming to the realization that a bankruptcy may be necessary is a very difficult pill to swallow for many individuals. Just the mere thought of the dreaded “B word” causes a lot of people to become anxious and uneasy. There are many reasons for this reaction, some that are very well warranted and others that probably are not. Below are some of the common reactions that I get from my clients at either our initial meeting or phone conversation, and my thoughts regarding those reactions: