Browse through our Bankruptcy Video FAQ for the answers to the most common bankruptcy questions. Click the ‘tags’ dropdown to browse through the different categories.
Our Professional Answer Bankruptcy is a very powerful tool to reorganize your finances. A Chapter 7 bankruptcy allows you to discharge all of your debt. You must list all of those debts, all of your liabilities, […]
Our Professional Answer When you’re opening a new business, you should consider which entity to form. Whether it should be a limited liability company, whether it should be an S-Corp or a C-Corp. You should consult […]
Our Professional Answer At every bankruptcy court, there is an office of the United States Trustee. The U.S. Trustee program is staffed by lawyers from the justice department. Their job is to look over every case […]
Our Professional Answer In order to qualify for a Chapter 7 bankruptcy which I like to term The Gold Plan where you discharge a 100 % of your debts and typically you keep all of your […]
Our Professional Answer When people go into business together, they often start out as a partnership. We typically do not recommend this. A partnership creates a liability for all of the partners. An LLC gives you […]
Our Professional Answer When you hire an attorney to help you go through a bankruptcy chapter, the attorney’s role is to guide you from the very first moment, you engage in the bankruptcy process. To represent […]
Our Professional Answer In every bankruptcy, the debtor can and does receive a discharge. The discharge completely erases all debt that the debtor owed. Now, the slight difference here, in a reorganization, is if the plan […]
Our Professional Answer A Chapter 13 trustee, typically has the role of administering the payments you make in your Chapter 13 case to you creditors. They also oversee the paper work and make sure that the […]
Our Professional Answer When you organize a small business, there’s a lot of things you need to think about in the beginning that can give you a good structure for success and longevity later on. You […]