Category Archives: Getting Out of Debt

Making a Successful Chapter 13 Repayment Plan

In these tough economic times, it is not uncommon for people with stable income to be overburdened by debt. If you spend most (if not all) of your paycheck on payments to creditors, if your mortgage lender has threatened to foreclose on your home, or if you have received notice that your wages will be… Read More »

Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Credit card judgments are like ticking time bombs: You never know when they’re going to go off. For many consumers, bankruptcy is the best way to diffuse this potentially disastrous situation. As consumer debts grow, more lenders are choosing to obtain judgments against defaulting borrowers. With a judgment, lenders and their bill collectors are granted… Read More »

Do You Have Too Much Debt? 5 Signs You Need Help Relieving Your Debt Burden

Debt has a tendency to sneak up on you. You open a new credit card account and tell yourself you’ll pay off the balance each month. You raid your 401k and promise yourself you’ll pay it back when you get that windfall you’ve been waiting for. You make a late payment or find yourself taking… Read More »

How to Find a Good Bankruptcy Attorney When You Need Help Getting Out of Debt

A great bankruptcy attorney is kind of like a great dentist. No one wants to get a root canal, right? But when you’re suffering and the situation isn’t going to get better on its own, a good dentist has the professional skill to expertly repair your problem – and the people skills to make the… Read More »

As Student Loan Debt Drags Down Economy, Consumer Group Pushes for Repayment Reform

Several years into a slow but steady economic recovery, student loan debt is threatening to wipe away any gains. As our bankruptcy lawyers discussed last week, the investor-led housing recovery could stall as investors pull back and ordinary home buyers fail to step in because they’re grappling with massive student debts. With the average student… Read More »