Category Blog

fresh start mean in bankruptcy

What Does “Fresh Start” Mean in Bankruptcy?

In the 1934 case Local Loan Co. vs. Hunt, the United States Supreme Court stated that the bankruptcy process was intended to give honest but overwhelmed debtors a “new opportunity in life and a clear field for future effort, unhampered…

Automatic Stays Simplified

When going through the bankruptcy process there are many things that you need to be aware of. For most people, one of the most important is the automatic stay that gets put in place. An automatic stay is a key…

Is Bankruptcy Bad?

Is Bankruptcy Bad?

Here’s a question that we hear asked once in a while. Professional firms like ours understand the value of pursuing a bankruptcy process. We know that it’s not ‘bad’ to initiate these kinds of proceedings, even though the situation that…

Why Is Estate Planning So Important?

Estate planning is not a fun thing to think about. People want to focus on what they are doing while they are alive, not after they pass. However, properly planning your estate is the best possible thing you can do…

bankruptcy alternatives

Four Bankruptcy Alternatives You Should Know About

When times are difficult financially, you may begin to feel a creeping fear that you will need to file for bankruptcy, either personally or for your business. It is important to understand that, while sometimes bankruptcy really is the best…