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Bankruptcy as a Last Resort

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In this article in the Huffington Post, writer Steve Rhode, calls bankruptcy as a last resort a “fairy tale:”

“In order to avoid bankruptcy, people will sell all their assets and limp along till they hit the wall, broke and without options. They will drain their protected retirement accounts, just to avoid bankruptcy. They will believe the sales pitch of debt relief companies and credit counselors that the widget those companies are selling is better, ...

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How Transfers Affect Bankruptcy

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Failure to understand and disclose transfers is one of the most egregious errors an inattentive bankruptcy lawyer, or a debtor filing bankruptcy, can make. Failure to disclose transfers could lead to your bankruptcy discharge being denied (no debt relief)  or could invite a lawsuit against the recipient of the transferred asset.

If you are considering filing for bankruptcy, take some time to identify any and all transfers and be sure to discuss them with your ...

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Choosing a Bankruptcy Lawyer

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To minimize the stress associated with filing bankruptcy, it is important to pick a lawyer that has the experience and expertise to advise you and guide you through the process.  A true professional will:

  • act in your best interest
  • give you undivided loyalty
  • will be able to make the process as painless as possible

Heed the saying: “You think hiring an expert is expensive, try hiring an amateur.” Do not base your decision on price alone. It ...

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