Things happen in life. Sometimes that means you can’t pay your debts or you got sued. (HINT: Bankruptcy is not always the best answer!) Sometimes, however, it means bankruptcy is the answer. Either way, you need help; you need answers.
Step 1: Don’t panic!
Step 2: Gather up lists of your debts, your pay-stubs, and the lawsuit (if you got sued).
Step 3: Call us today to set up your consultation. We will take some information, at no cost, over the phone to get you started. If it looks like we may be able to help, we will discuss the process from there with you and set up an in-person meeting.
Bankruptcy is not the end of the world, but we will not lie – it is a big deal. You need to get some answers and help, so don’t delay.
To be bankrupt means to be “unable to satisfy any just claims made.” So, when you are unable to resolve claims against you, then you are in fact bankrupt, even if you have not declared bankruptcy
. I get lots of consultations from people who are panicking, but are not actually bankrupt. For instance, if you have been sued or have a wage garnishment, that may stink, but it may not mean you are bankrupt. On the other hand, I have had people who are throwing everything (including retirement savings) at their situations, and yet they will still never get out of debt. Don’t do that. Call me first to decide what options you may have. This is my top five list of when you might
need to file for bankruptcy: (read more…)
You are not alone. Life happens to all of us, and for some it hits us really hard in the bank account. Here is a list of famous people who each had to file bankruptcy at one time or another: (read more…)
Short answers – yes, “they” can garnish your wages, and it means that your employer will be required to pay a portion of your wages to a debt collector. But, I am assuming you already know that. So, here is a short list of things you may not know about wage garnishment: (read more…)