We receive many calls from people worried that their wages will be garnished due to credit card debt. If you are only behind a few payments, you should not worry about your wages being garnished. However, if you stopped paying your bills months ago and were sued for the debt, then you should know that […]
If you have been through bankruptcy, you might be tempted to avoid using credit entirely, but you need to re-establish credit. Rebuilding your credit after bankruptcy will take discipline and work on your part, but it is possible! Remember that discharging debt and high balances through bankruptcy makes it much easier to reestablished an improved […]
Even after filing a Chapter 7 bankruptcy, you may find yourself needing additional assistance with paying off debts. If this is the case, you may feel stuck and unsure of what to do. The good news is that there are options available to help you. After filing for Chapter 7, you are unable to file […]
We have many people come to our office looking for a new solution. They often have tried debt settlement on their own or used a debt settlement company. What they often find is that they did not have enough cash on hand to make the requested payment to the credit card company. In other cases, the […]
Dealing with IRS tax debt is unlike dealing with any other debt collector. Unlike other collectors, the IRS has the power to do things without a filing lawsuit. The IRS can garnish your wages, levy bank accounts, and even put a lien on your home without a judgment from the court. Keep in mind that the […]
The Government Accountability Office (GAO) recently did a study on federal tax withholding. The study found that many employers are not withholding enough from employees’ paychecks under the new tax law. What does this mean? This means that more Americans are likely to owe more than usual for their 2018 taxes. So, how many Americans will […]
Coming to the decision to speak with an attorney is not easy. It can be intimidating to know which attorney to hire. We recommend that you do your research. Speak with different qualified bankruptcy attorneys before making any final decisions. However, we are confident that our office will provide you with the dedicated service that […]
Filing for bankruptcy is an intimidating endeavor. It should be handled by a professional that you trust. It can be easy to rush into hiring someone or even putting off the search until the situation becomes dire. Here are a few mistakes to avoid when hiring a bankruptcy attorney: 1. Find an attorney that specializes […]
Here are 4 ways you can keep your utilization rate at a maximum of 30% of your credit card limit: Transfer Debt Pay Down Existing Balances Increase Your Limits Open Another Card Transferring Debt You can distribute your debt among all your credit cards, so that the balance on all of them is below 30% […]
What is a means test? Bankruptcy uses something called a “means test” to determine under which chapter of bankruptcy you can file. The amount to qualify will vary by state and uses your income, expenses, and household size to determine if you are able to file under a Chapter 7. Many people favor a Chapter […]
