Fleysher Law Blog

truths of bankruptcy, truth about bankruptcy, bankruptcy truths, dos and donts, bankruptcy tips, tips about bankruptcy,

Do’s and Don’ts of Bankruptcy

DO: Be honest about all of your assets. Even if you think there is a chance that you might lose it, there are probably other ways in which your attorney can prevent that or you may need to come to terms with that possibility. If you don’t list it and the court finds out, it will be taken or the case will be dismissed for fraudulent activity. DON’T: Transferring property

Read More
Chapter 7 bankruptcy, Ch. 7 bankruptcy, filing for bankruptcy, file for bankruptcy, bankruptcy attorney, bankruptcy lawyer

What is Chapter 7 Bankruptcy?

A Chapter 7 bankruptcy comes from the 7th chapter of the bankruptcy code. It is also known as the “liquidation” bankruptcy because the Trustee has to liquidate, or sell, all nonexempt property in order to repay your creditors. The majority of individuals who file for Chapter 7 get the keep their property, however there are some states that are more charitable than others. The process normally takes about 3 months

Read More
harassing creditors, manageable fees,

What is Chapter 13 Bankruptcy?

If your debts are getting out of your control but your income is still more than the median of the state and you have been living in the same state for the past two years, you can still file for bankruptcy. A Chapter 13 bankruptcy was put in place for those who still have some “disposable” income after paying all their expenses and/or for those who’d like to keep the

Read More
ch. 7 and ch. 13 bankruptcy attorney

No Shame in Filing for Bankruptcy

From a young age people are persuaded by means of seductive language and/or highly skilled advertising techniques to purchase products and services deemed essential for their lives, even if those products or services are out of their financial reach. Many of our leaders have told us that it is our patriotic duty to spend, and you need look no further than former President George W. Bush urging the American people

Read More