by Geoffrey Purkis | Nov 3, 2022 | Uncategorized
A bankruptcy filing can be legally complicated, as well as time-intensive. In many cases, your first big decision and major time commitment will be finding a bankruptcy lawyer. While you may already have an attorney from your business, estate planning, or family...
by Geoffrey Purkis | Oct 20, 2022 | Uncategorized
Wage garnishment is a legal procedure in which a portion of a debtor’s earnings are withheld by his or her employer to repay creditors. Garnishment is a fairly severe consequence and is usually used only when an employee is seriously behind on his or her debts....
by Geoffrey Purkis | Oct 6, 2022 | Uncategorized
Both parents have a legal responsibility to financially care for their child. Courts take this obligation very seriously and generally won’t relieve a parent of this duty. If you’re paying child support and considering filing for bankruptcy, you may want...
by Geoffrey Purkis | Sep 22, 2022 | Uncategorized
It can be scary when you cannot pay back your student loans, and the consequences of defaulting on loans can be severe. Several options are available to you when you cannot make the payments on your student loans. These options include: Delaying payments on your loans...
by Geoffrey Purkis | Sep 8, 2022 | Uncategorized
Yes, declaring certain forms of bankruptcy can clear most of your credit card debt. It can also help you form a repayment plan and stop a credit card company from harassing you. You can file a Chapter 7 bankruptcy to clear credit card debt. It is the Bankruptcy...
by Geoffrey Purkis | Aug 25, 2022 | Uncategorized
Many Americans fall behind on their mortgage payments. Some lenders and mortgage companies may be willing to work out deals with homeowners, such as a short sale or loan modification. Most lenders are not. Here’s how bankruptcy can help when lenders begin the...
by Geoffrey Purkis | Aug 11, 2022 | Uncategorized
Not every debtor qualifies for Chapter 7. In some cases, repaying debt over time in a court-approved Chapter 13 repayment plan provides benefits that are unavailable in Chapter 7. The following is a comparison of Chapter 13 vs Chapter 7 bankruptcy. For additional...
by Geoffrey Purkis | Jul 28, 2022 | Uncategorized
The answer, like so many others in law, is that “it depends.” Most people that declare bankruptcy can keep their houses throughout the process, but some are not. Keeping your home is often the biggest worry about filing for bankruptcy – and which Chapter...
by Geoffrey Purkis | Jul 14, 2022 | Uncategorized
Yes, you can eliminate, or discharge, most medical debts if you declare Chapter 7 or Chapter 13 bankruptcy (two types of consumer bankruptcy). Medical bills are considered “nonpriority” or general unsecured debt. Chapter 7 bankruptcy can get rid of all...
by Geoffrey Purkis | Dec 16, 2021 | Uncategorized
Everything you need to know about the probate process and how it works. Probate is the legal process of administering a deceased person’s estate — the collection of everything they owned when they died — which eventually ends when the deceased’s property is...
