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Bankruptcy and Liquidation of Assets

It is very common for our clients to be concerned about how their current assets would be affected by filing for bankruptcy. This may be the number one reason for hesitation towards filing for bankruptcy. It is important to know, when considering bankruptcy, that bankruptcy has exemptions that will protect assets you currently own. If Continue Reading

Bankruptcy Discharge

What Is a Discharge of Debt in Bankruptcy? In the context of a Chapter 7 filing, a bankruptcy discharge is an injunction against the collection of any debt that was a personal liability to you. This means that the debt can no longer be collected on. At the end of the bankruptcy process, the court Continue Reading

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