Bankruptcy Exemptions Explained: What You Can Keep
Debt can feel overwhelming, and sometimes bankruptcy seems the only way out. But what happens to your belongings when you file? Bankruptcy exemptions are there to protect essential items and give you a fresh start. Let’s explore what you can keep and how a bankruptcy attorney can help you navigate the process.
How You Can Stop Home Foreclosure—Guaranteed Under Federal Law
At Wesbrooks Law, we understand how overwhelming it can be to face foreclosure. Fortunately, federal law offers a solution to stop foreclosure through Chapter 13 bankruptcy. This article explains how Chapter 13 can help you keep your home, even when foreclosure seems...
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 considerations...
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...