An Introduction to Chapter 13 Bankruptcy

If you need to file for bankruptcy, you might be surprised to find out that there are multiple options available depending on your situation and what your ultimate outcome is. Many people have heard of Chapter 7 bankruptcy, but another helpful method is to file Chapter 13 bankruptcy. With this type of filing, you can still keep your commitment to repay your creditors on a modified time frame and have the ability to Read More

Considering Bankruptcy? Here’s What Not to Do

Filing for bankruptcy can be a necessity for some who have gotten too deep into debt or have more expenses than they can keep up with. While it can be portrayed as a get out of jail free card, the process for filing is complex and it leaves a very large blemish on your credit report. However, if bankruptcy is your only option, be very careful about your financial decisions in the days leading up to your filing. Here Read More

Attorney Jeff Irby to Attend Community Action Poverty Simulation

Attorney Jeff Irby will be attending the Community Action Poverty Simulation (CAPS) in February. This unique event is being organized by theVolunteer Lawyer's Program and is designed to help ordinary citizens get firsthand experience as to what it's truly like to live in poverty. Through the help of non-profit organizations and Community Action clients, the Poverty Simulation works to promote poverty awareness, Read More

What You Need to Know About the Difference Between Reorganization And Liquidation Bankruptcy

Filing for bankruptcy can sound like a very intimidating and complex process, but in reality, it can be a true lifesaver for both businesses and individual consumers. If you or your company have gotten in over your head with debt and aren’t able to keep up with your day-to-day expenses, choosing to file for bankruptcy might offer some light at the end of the tunnel just when things seem darkest. There are a Read More

An Introduction to Chapter 7 Bankruptcy

A Chapter 7 bankruptcy, which is commonly referred to as straight bankruptcy or a liquidation bankruptcy, allows you to eliminate most of your debts entirely. All of your unsecured debt (credit cards, personal loans, medical bills) will typically be eliminated or dramatically reduced using this type of bankruptcy. Secured debts with equity, such as a mortgage or car loan may also be eliminated, but if that occurs, Read More