Entries by leslie.admin

Common Estate Plan Mistakes

Estate plans, and putting them together and executing them, are complicated matters. This is why an attorney should be hired, as most people do not even know where to begin with estate planning. Even if yours is complete, you should double check it. Many mistakes can be made, and here are 5 common ones. When’s […]

Self Employment and Chapter 13 Bankruptcy

Bankruptcy is a tricky situation no matter how you look at it, and anytime someone is thinking about filing for bankruptcy, there is a lot to consider. Chapter 13 bankruptcy is no different. A common question that is asked is if you can file for Chapter 13 bankruptcy as a self-employed individual. This is not […]

Bankruptcy While Being A Veteran

Bankruptcy is not a great to place to be in no matter who you are. A common question from Veterans of the Armed Forces however, is if they will lose their benefits if they file for bankruptcy. The short, easy answer to this is no, but there is more to it than just a simple […]

Self Employed? See If You Can File Chapter 13 Bankruptcy

Being self employed comes with many benefits, including your income. But what happens if you think you may need to file for bankruptcy? Are you eligible to file for Chapter 13 Bankruptcy if you are a self employed individual? A lot of factors are reviewed in this case, with a trustee wanting to see many […]

Are cognitive biases the reason for your bankruptcy?

Going with your gut or trusting your instincts is not always the best way to make a decision. Especially decisions that affect your livelihood. Cognitive biases are a real (and sometimes extreme) factor that can play a huge role into why someone has to file for bankruptcy. Here are some examples of how cognitive biases […]

Can You File Chapter 13 If You Are Self Employed?

Filing for bankruptcy can be difficult enough, but if you are self-employed and filing for Chapter 13 you might have an even harder time. In Chapter 13 bankruptcy cases, it is better when your income and expenses are steadily consistent. When you are self employed, you might have varying income and expenses month-to-month. There are […]

Unsecured Deficiency Claims in Bankruptcy

There are different issues that can potentially arise while filing for Chapter 13 or Chapter 7 bankruptcy. You might have too much disposable income to qualify for a Chapter 7 which would leave you in the Chapter 13 plan. Once you are in a plan, the surrendering of different belongings can become an issue. For […]

Bankruptcy Information | When Consumers Get Notices About A Business’s Bankruptcy — When You Are Suddenly A Creditor.

Chapter 7 bankruptcy for people is very different than Chapter 7 bankruptcy for businesses, and you should certainly know the differences between the two, and how they can affect consumers as a possible creditor. We are here to tell you what you should do if you receive a notice about a business’s bankruptcy. My community […]

Bankruptcy 101: What is an “Automatic Stay”?

An automatic stay kicks in once you file for bankruptcy and ultimately protects you from your bill collectors and/or creditors. It halts any lawsuit filed against you that is seeking money. Automatic stay can be a lifesaver for individuals who are behind on child support, utility bills, evictions, foreclosures etc. There are a few areas […]

Easy Stress-Free Steps For Getting Organized

Estate planning can be overwhelming and scary, especially if you have no idea where to start or what to do. Luckily, we have some stress free steps for you to take so you can get organized, and your mind be a bit more at ease knowing you are in the right direction of taking care […]