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September 2017 Archives

Bankruptcy exemptions: What's exempt and what's not?

Most bankruptcy filers are aware that much of their property will be exempt from liquidation in Chapter 7 proceedings. In fact, it will be your bankruptcy lawyer's job to prevent as much of your property from being liquidated as possible. Your lawyer will also strive to determine, before you file, what property is potentially exempt from liquidation in your case before you choose to file.

Ready to pay off your credit card debt? Do this first

This summer, American consumer credit card debt rose to a whopping $1.02 trillion. As difficult as that amount of money is to conceive, it's enough to know that it's a monster-load of debt. Thinking about all this debt may also inspire you to think about how much debt you currently have rolling over on your credit card statements each month.

What Chapter 7 bankruptcy exemptions can I qualify for?

Part of a bankruptcy lawyer's job when representing you in Chapter 7 proceedings involves getting you qualified for as many exemptions as possible. This will allow you to avoid the liquidation of different assets, so that you can keep them and continue to use them.

Mark Cuban talks about his past struggles with credit card debt

It's hard to imagine, but even billionaire Mark Cuban from the popular show "Shark Tank" has suffered from problems with credit card debt. Cuban, who achieved billionaire status in 1998 when he went public with his online streaming company, Broadcast.com, said that he suffered from money problems in his 20's.

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