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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2 Types of Bankruptcy and When You Should Consider Them

Posted on June 1, 2015

Filing bankruptcy is often a last resort for many individuals, mostly because they think that it is some kind of failure on their part. However, a bankruptcy is often the best option for people drowning in debt and having difficulty paying their debts. Below are just two bankruptcy types to consider, as well as when you should consider them. Chapter 7 A chapter 7 bankruptcy is one of the most common types of bankruptcy, mostly because of the many benefits that it provides. [Read More]

For Hardworking Seniors, Chapter 13 Bankruptcy Can Be The Right Compromise

Posted on February 25, 2015

Retirees face most of the same financial pressures as the rest of the population.  That may include considering filing for bankruptcy—something that more than 1 million people do each year.  But seniors facing this option often have some unique obstacles and a few possible aids.  How can they find the best debt relief in this situation? The Moral Dilemma The first barrier to bankruptcy that many retirees face is not a financial one, nor is it the red tape or costs involved. [Read More]

Know What You Stand To Lose Before Filing For Chapter 7

Posted on February 25, 2015

Before you file for Chapter 7 bankruptcy, it is very important to look at any upcoming payments you are expecting to receive. The reason for this is because the bankruptcy court can seize numerous types of monetary payments that are owed to you, and you could end up forfeiting a lot if you do not know this. What is Chapter 7? Chapter 7 bankruptcy is the branch of bankruptcy that allows you to clear away all the unsecured debts you owe, without having to repay them. [Read More]

3 Ways To Get Back On Your Financial Feet After Bankruptcy

Posted on February 24, 2015

Filing for bankruptcy can seem like an epic failure for many Americans. Unfortunately, bankruptcy is the only way for some people to escape the unbearable burdens of their debt. If you are considering bankruptcy, but you are worried that your financial future will be ruined forever if you file, there is hope. Here are three ways you can continue to build a positive credit rating, even after you file for bankruptcy. [Read More]