Author Archives: Jay Butchko
Will My Co-Signer Be Responsible For Debt If I File For Bankruptcy?
If you are struggling with overwhelming debt, filing bankruptcy might be an option for you. People often choose Chapter 7 bankruptcy because the process is quick and because Chapter 7 bankruptcy enables you to have your debts discharged/forgiven. However, if you are not eligible for Chapter 7 bankruptcy, you can benefit from filing a… Read More »
Do I Really Need A Bankruptcy Attorney?
If you have been struggling with overwhelming debt and have finally decided to file for bankruptcy, the question you are probably asking yourself now is whether you should hire an attorney. Considering you are already in financial trouble, doesn’t it make sense for you not to hire an attorney? Doesn’t it make sense for… Read More »
Vehicle Repossession: Can Filing For Bankruptcy Help Me Keep My Car?
Unlike many personal loans, a car loan requires collateral. The reason for this is that a car loan is a secured loan. Secured loans require some type of collateral as a condition of borrowing. In the case of a car loan, the collateral is the car that the loan is taken to purchase. Therefore,… Read More »
Who Will Know I Filed For Bankruptcy?
If you are dealing with overwhelming debt, one of your best options is filing for bankruptcy. According to research, more than one million Americans file for bankruptcy every year. If you file for bankruptcy, you may be able to eliminate most, if not, all of your debts. However, the reality is that the decision… Read More »
Is It Possible For Me To Fire And Replace My Bankruptcy Attorney?
If you are not satisfied with the service your current bankruptcy attorney is providing you, you might be wondering whether you can fire them and hire a new attorney. So, can you fire and replace your bankruptcy attorney? Of course, you can. You are not tied to your bankruptcy attorney. The same way you… Read More »
Can Filing For Bankruptcy Keep You From Being Evicted?
If you are in a situation where you fear being evicted because of rent arrears or have already received an eviction notice, it is crucial that you avoid feeling as though you don’t have options. Indeed, if you have the ability to, you should pay your rent arrears. But, if you don’t, remember you… Read More »
Can Filing For Bankruptcy Stop A Creditor Lawsuit
When a debtor fails to pay their debts, a creditor has several available options that can help them collect their money. For example, a creditor can write a letter requesting payment or forward a debtor’s information to a debt collection agency. While most creditors choose “self-help” remedies and collection agencies, a civil lawsuit is… Read More »
Should You File For Bankruptcy In Pennsylvania Before Or After A Divorce?
Financial hardships and divorce are two of the most stressful things you can go through in life. Sadly, dealing with the two at the same time is more stressful. Unfortunately, it is not uncommon for people to find themselves in a situation where they are dealing with financial hardships and divorce at the same… Read More »
Understanding Some Basics About the Bankruptcy Automatic Stay
Unfortunately, many people struggling with overwhelming debt have to deal with creditor or debt collector harassment. Indeed, when you fail to pay back a creditor, they have the right to take action against you to get their money back. However, most creditors embrace unacceptable tactics when trying to get debtors to pay them what… Read More »
Will Filing For Bankruptcy Make Me Lose My Job Or Affect My Chances Of Getting A Job?
If you are struggling financially because of overwhelming debts, one of the options that can help you is bankruptcy. With a Chapter 7 bankruptcy, you can manage to have most, if not all, of your debts discharged. Debtors have no legal obligation to pay discharged debts. On the other hand, with a Chapter 13… Read More »