About Me

When Filing Bankruptcy Is the Best Option

Thanks for stopping by my website. My name is John Finley, and I’m 46 years old. A few years ago, my wife and I found ourselves in a financial bind that continued to get worse. No matter how hard we tried to catch up, it seemed that our bills got larger, and we couldn’t keep up. Some of our credit card balances got so high that we couldn’t make the minimum payments. The collection phone calls came often and caused us a great deal of stress. We talked about different ways to get out of debt, but never found one that worked. We were both in agreement that filing bankruptcy was our last option. Well, the time came where we were out of other options and contacted a bankruptcy attorney. I am going to share our experiences with you and hope you find them to be helpful.

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Should You Reaffirm Debts In Chapter 7 Bankruptcy?

Posted on November 30, 2022

Certainly, the primary goal of Chapter 7 bankruptcy is to rid struggling Americans of debt that they can no longer pay. However, when those debts are attached to secured assets like your home or car, your bankruptcy goals may change.  Most bankruptcy claimants have the option to reaffirm such secured debts. What does reaffirmation mean? Should you do it? And how can you make the best decision? Here's what you need to know. [Read More]

Should You Delay Your Bankruptcy Filing?

Posted on April 29, 2022

Do you think that you're ready to file for bankruptcy, but wondering if the time is right? If so, it will help to know some reasons why you should delay your bankruptcy filing.  Your Medical Condition Has Not Stabilized A common reason for filing for bankruptcy is to discharge your medical debts. As the bills start coming in and you're unable to pay them, you may feel like you need to resort to bankruptcy in order to get out from underneath your debt. [Read More]

The Consequences of Filing for Bankruptcy Pro Se

Posted on December 22, 2021

When you are in debt and you feel as if you cannot afford to file for bankruptcy, you might wonder if it's a good idea to hire a bankruptcy law attorney. However, filing for bankruptcy pro se can sometimes be more expensive than hiring an attorney and you may even have your bankruptcy filing thrown out. Bankruptcy Law Is More Complicated Than Ever The process of filing for bankruptcy has become more complicated than it was in the past. [Read More]

Three Reasons You Should Hire A Bankruptcy Attorney

Posted on June 25, 2021

Some people contemplating bankruptcy feel they can't afford to hire an attorney and, thus, decide to manage their own cases. While this is a perfectly valid strategy, you may actually be doing yourself more harm than good going the do-it-yourself route. Here are three reasons why it's often worth the effort to hire a lawyer when filing bankruptcy. Force Creditors to Return Money and Property Creditors are an aggressive bunch. When you fall behind on payments, they'll do everything they can to make you pay the debt, including deducting money from your bank account or paycheck through a garnishment procedure or taking property that served as collateral for the loan. [Read More]