Bankruptcy

LHDR – If You Lie Down With Dogs You Wake Up With Fleas

Posted on Dec 21, 2010 | 1 comment

LHDR Lately I have received an increasing number of consumer requests asking me what I think about hiring Legal Helpers Debt Resolution (LHDR) to help them settle their outstanding debts. I attribute this sudden increase to the fact that debt settlement sales organizations have recently flocked to LHDR in hopes that they will be able to continue charging front loaded fees to consumers and...

Get Out of Debt – What Strategy Makes the Most Sense?

Posted on Oct 24, 2009 | 7 comments

Help!!!! I am on information overload. Can you look at my financial circumstances and tell me exactly what debt reduction strategy will make the most sense for me? Sound familiar? You are not alone. Thousands of people ask this question every day and set out on the Internet looking for the answer. Unfortunately instead of honest and unbiased advice they typically encounter salesmen that...

The Difference between Chapter 7 and Chapter 13 Bankruptcy

Posted on Jul 3, 2009 | Comments Off

During my Consultations I am often asked about the differences between a Chapter 7 and Chapter 13 Bankruptcy. When considering a Bankruptcy filing, the number 1 thing that you need to know is whether or not you can qualify for a Chapter 7 or if you will be forced into a Chapter 13. The answer to that question, may just determine whether or not Bankruptcy will even make sense for you. The...

Personal Bankruptcy filings are up 40% from this time last year

Posted on Jul 2, 2009 | Comments Off

I am afraid this number is only going to get worse as the recession slogs on. Unemployment is continuing to rise as companies rush to downsize in an attempt to survive. The unfortunate reason for many of these bankruptcies is that these families where carrying too much debt and living paycheck to paycheck. When they have a hiccup in their income situation, they are left with no wiggle...