In this three-part series, we’re answering some common questions about bankruptcy, including what debt is (and isn’t) affected, what to expect from the process, and finally, how bankruptcy affects your future. It’s understandable to have concerns about your ability to recover financially after such a significant step, but it helps to be prepared so you’ll […]
Category: Bankruptcy Law
Whether you are an individual or a business owner who has become overwhelmed with debt, filing for bankruptcy may be your best option. At the Law Office of Mikita & Roccanova we understand the stress and fear that comes with overwhelming debt. We also have the experience and knowledge to walk you step by step through the legal system to find the best relief for your situation.
Bankruptcy FAQ Part 2: What To Expect From The Process
In part 1 of this series, we talked about which debts do and don’t qualify for discharge and some important things to know about your responsibilities. In this article we’re going to talk about common questions related to the process itself, from what the different chapters mean to what happens as your case progresses. Next […]
Bankruptcy FAQ Part 1: Your Debt, Risks And Responsibilities
Declaring Bankruptcy: Is Chapter 7 Or 13 Right For You?
By the time you start thinking about bankruptcy you’re probably already in the midst of financial hardship. That kind of hardship can take a serious emotional toll, not to mention its effects on your self-esteem. All that means is that by the time you really need to be thinking about bankruptcy, it’s probably the worst […]
What NOT To Do Before Filing Bankruptcy
If you’ve lost a job, been through a divorce or are overwhelmed by medical expenses, you may be considering bankruptcy. Depending on your circumstances, you may choose the debt reorganization of Chapter 13 or complete debt forgiveness of Chapter 7 as the most effective option. Either way, there are some things that you should NOT […]
Save Your Home With Chapter 13 Bankruptcy And Lien Stripping
After the real estate collapse in 2008, many homeowners found themselves deep in debt. The terms “underwater” and “bankruptcy” became commonplace, as loan payments became too high to bear and the prices of homes plummeted. As more and more individuals defaulted on their loans, Chapter 13 bankruptcy became a popular option. It includes a key […]