Navigating the Complex Intersection of Bankruptcy and Divorce: What You Need to Know
Divorce and bankruptcy are two of life’s most challenging experiences. Both can have profound financial and emotional impacts, and the situation becomes even more complex when intersecting.
At Wesbrooks Law, we understand the intricacies of dealing with both issues simultaneously. In this article, we’ll explore how bankruptcy and divorce affect each person and provide important...
Bankruptcy Myths Debunked: Separating Fact from Fiction
Debt can feel like a suffocating weight, and considering bankruptcy might seem like a scary last resort. But what if many of the things holding you back are simply myths? Let’s separate fact from fiction and explore if bankruptcy could be a path to financial freedom.
Myth #1: Filing for Bankruptcy Means Losing Everything
False! Bankruptcy exemptions protect essential assets like...
Bankruptcy Basics: What You Need to Know Before Filing
Debt can feel overwhelming, and sometimes there’s no way out. But before you lose hope, consider bankruptcy as a potential solution. Bankruptcy is a legal process that allows you to discharge some or all of your debts.
While it can be a helpful tool, it’s essential to understand the process and its implications before filing....
Navigating Financial Crossroads: The Role of Bankruptcy Mediation and Negotiation
When financial burdens become overwhelming, bankruptcy can be a path toward rebuilding. However, the legal process can be complex and adversarial. This is where bankruptcy mediation and negotiation come into play, offering a collaborative approach to resolving debt and charting a course toward financial recovery.
The Benefits of Hiring a Bankruptcy Attorney: Why You Need Legal Representation
Facing overwhelming debt can be stressful and confusing. Considering bankruptcy as a potential solution can raise even more questions. While bankruptcy can offer a fresh start, navigating the legal process can be complex. That’s where a bankruptcy attorney comes in. Here’s why hiring a qualified lawyer is crucial when considering...
Arizona Bankruptcy Court Adopts Mortgage Mediation Modification Program
The Arizona Bankruptcy Courts adopted a new program in early 2017 known as the Mortgage Mediation Modification Program (“The MMM”). The pilot program first began in the states of Florida and Nevada, and resulted in an over 60% success rate in allowing homeowners to gain new mortgages. Mortgage...
My bankruptcy case has been discharged or dismissed
Have you been discharged or did you receive a dismissal on your bankruptcy?
If you have and you still have questions, read on, we have some great information here that will help you in understanding what these terms mean.
In this Article...
Should I use my retirement or investments to pay off my debts?
Using your retirement or investments to pay down your debts may sound logical, but if you are planning on filing bankruptcy in the future, it may not a wise decision.
In this article we are going to discuss the pros and cons of using your retirement to pay off your debts including credit cards, loans, and alike. We will also discuss the types of investments that are protected and what...
What kind of questions will I get asked at the 341 Meeting of Creditors?
Have you filed bankruptcy or considering on filing, but intimidated about the bankruptcy 341 Meeting of Creditors and the questions you may be asked?
In this article were going to go over some of the questions, why these questions are being asked and why you shouldn’t lose sleep worrying about the 341 Meeting of Creditors. If you want more than just the basic questions that a bankruptcy...
I have a judgment against me from a creditor, what do I do?
Have you received a summons or a judgment from a creditor of yours?
In this article we are going to discuss what to do if you receive a judgment, have creditors garnishing your bank accounts or paychecks. We will also go over what type of money is exempt from judgments and we’ll give you some tips to know what types of harassment is illegal when it comes to your creditors and their...