At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Foreclosure proceedings can have catastrophic consequences for homeowners. Obviously, they lose their primary residence when the lender reclaims it as collateral for the mortgage. The foreclosure process results in a total loss of accumulated equity as well, which can...
If you are facing foreclosure, you are likely looking for options to address the issue. You do not want to lose your home, but you can’t deny that you have missed some of your mortgage payments, leading to the start of the foreclosure process. In some ways, bankruptcy...
You have a lot of financial obligations, and your debt has simply gotten out of control. You are looking into ways to eliminate that debt, and you are considering Chapter 7 or Chapter 13 bankruptcy. However, at least a portion of your debt is in child support. Maybe...
Filing for bankruptcy is a serious financial decision. It can offer relief, but it also carries long-term consequences. Whether you're considering Chapter 13 or Chapter 7 bankruptcy, your pre-filing actions and inactions can impact your outcome. Understanding what...
As your unpaid bills accumulate, creditors may intensify collection efforts by calling daily, mailing notices or threatening legal action. Some collectors may even contact your workplace or relatives. This constant pressure can feel overwhelming and over time, affect...
An individual who has decided to file for bankruptcy has likely spent some time considering their options already. They may face aggressive collection efforts. They may worry about vehicle repossession or foreclosure. A creditor may have served them with paperwork for...
There’s a saying that if it seems too good to be true, it probably is. That rubric certainly applies to the scammers proliferating online consumer debt relief. Many of these predatory companies promise debt relief and credit repair yet fail to assist financially...
Filing for bankruptcy can be a powerful way to restructure or discharge overwhelming debt. However, even small missteps during the process can raise red flags and jeopardize your case. In some situations, these mistakes may even result in serious allegations of fraud,...
It all starts slowly. A late credit card payment here, an unpaid medical bill there. Suddenly, your phone won’t stop ringing with calls from collectors. You’re juggling rent, car payments, groceries, and something always gets pushed aside. If this sounds familiar,...
Debt can feel like a heavy weight that never lets up. When you are behind on bills, and the phone will not stop ringing, it is easy to feel overwhelmed. For many, debt-relief companies seem like a way out. They promise fast results, lower payments and peace of mind....