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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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]

3 Useful Tips When Thinking About Filing For Chapter 13 Bankruptcy

Posted on January 9, 2020

If you have gotten yourself into debt, sometimes the only way to respond is to file for bankruptcy. Chapter 13 bankruptcy is ideal for those with regular income who can afford a re-payment plan. If you're considering this option, be sure to utilize these tips.  Take Time With Paperwork Filing Chapter 13 bankruptcy is not going to happen overnight. It is quite a long process, in fact, given all of the paperwork involved. [Read More]

When You Want to Hold Onto Certain Debts

Posted on September 30, 2019

The whole idea of chapter 7 bankruptcy is to leave as much debt as possible behind. There are some cases, however, in which you might want to reconsider and carry debt forward. Read on to find out why you would agree to keep the debt and how to do so. Secured Debts and Reaffirmations Your bankruptcy debt is divided into secured and unsecured. Secured debt is anchored by the property itself. [Read More]

Advantages Of Chapter 13 Bankruptcy Vs. Chapter 7

Posted on May 10, 2019

There are a lot of people who instantly think Chapter 7 bankruptcy is better than Chapter 13, but this is not really the case. Chapter 13 offers some key advantages that are not available through Chapter 7, and here are the top ones. It Offers Debt-Relief to People Who Make Too Much Money You might not realize that there are income guidelines that you must meet in order to file for Chapter 7, and this often disqualifies people from using this branch of bankruptcy. [Read More]