At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Coming to terms with the severity of your debt can cause uncertainty about your future. Overwhelming debt can distract you from your job, your family and your future goals. Working with a debt consolidation company is one option you may have heard of or even...
Filing for bankruptcy may allow you to achieve a greater level of financial stability while unemployed. If you pass the means test, you may be able to pursue a Chapter 7 bankruptcy. This generally allows you to eliminate secured debts while retaining the equity in...
Many Americans believe that if they file a Chapter 7 bankruptcy that they will automatically lose their home. It is true that in some cases, people lose their homes during the Chapter 7 bankruptcy process. It is also true that you are more likely to lose your home if...
If you experience serious financial issues, your medical debts may qualify for discharge through bankruptcy. The court, however, does not help you reduce or eliminate just one type of debt, such as outstanding bills owed to a hospital. Before filing a petition, you...
Bankruptcy gives you a fresh start to a more stable financial future. Maintaining the independence that accompanies a debt-free lifestyle will require careful planning. After the completion of your bankruptcy settlement, you may benefit from learning some strategies...
Did you get an offer from a debt-relief company that sounds too good to be true? There is a good chance it might not be true. It is not easy to regain your financial freedom after unmanageable debt. That is because there are real people and real companies out there...
You know that bankruptcy offers a way to financial freedom, but you do not know what you may have to sacrifice to enjoy that freedom. What could you lose to creditors in bankruptcy? Bankrate explains which assets remain on the table during bankruptcy. Learn how to...
Bankruptcy can help you dissolve or eliminate unmanageable debts. This can be a valuable lifeline if you struggle with debt that you may not be able to pay off, and it is a common experience for many. According to the United States Courts, in the 12-month period prior...
Whether you took on high levels of debt because of a health condition, the loss of your job or some other hardship, it is pivotal to explore your options (such as comparing Chapter 13 and Chapter 7) and make sure that you understand the various requirements associated...
Eliminating tax debts is not as easy as debt relief company commercials make it seem. The Internal Revenue Service (IRS) or overseeing state only discharges tax debt in special circumstances. Typically, bankruptcy does not wipe out most past due taxes. However,...