03 Dec 2019

We all go through some form of financial difficulty at some point in our lives, but none of them will ever be as scary or daunting as finding oneself face to face with bankruptcy. hiring a bankruptcy lawyer

Filing for bankruptcy and going through the entire process can be one of the most stressful experiences of your life. And nobody deserves to go through such an enormous and distressing financial crisis alone. To make sure that you’ll be able to handle the situation and everything else that comes with it, you’ll need an experienced bankruptcy lawyer for guidance and representation in court.

Just in case you’re looking to hire an attorney to help you with your bankruptcy case, we’ve compiled five of the most important questions to ask potential bankruptcy lawyers before you hire any of them. 

(more…)

09 Oct 2019

Thanks to bankruptcy laws, people and businesses who have experienced tragic financial collapse can start over with a clean slate. By filing for bankruptcy, these entities may be relieved of their past debts, so they can have the opportunity to reorganize their finances sans the harrowing pressure from creditors and debt collection agencies. when to file for personal bankruptcy

 

But as appealing as a clean financial slate can be, this is not to say that filing for bankruptcy is void of any downsides and consequences. Bankruptcy can have a significant impact on your credit reputation, so you better look at all sides properly before deciding to sign your debts away. And thus, begs the question: When to file for personal bankruptcy, and why should I do it?
(more…)

23 Apr 2019

With the annual NACBA Convention just around the corner, are you prepared to make important connections? 

Creating a strong network can help you and your bankruptcy firm improve your business, provide great resources, and strengthen your abilities as a lawyer. You might even find a mentor, great partner, or future employer through your networking. But to get the most out of your networking efforts, you’ll need to put your best foot forward. (more…)

01 Oct 2018

Bankruptcy clients are often surprised to find out how personal their relationship with their bankruptcy attorney becomes over the course of the representation. While the end goal of bankruptcy is to receive a discharge of debt, the journey to that goal requires full disclosure on the part of the client, and some empathy on the part of the attorney. (more…)

28 Sep 2018

It has been reported that companies that blog get 55% more website visitors. Even better, blogging also results in 88% more leads than companies that don’t. So how does that sound to you – getting 88% more leads and potential clients each month? Whether you run a small bankruptcy practice or a large firm, chances are you are constantly seeking to help new clients in financial distress.

As you know, along with the bankruptcy process comes many legal complexities that most consumers are not familiar with. As a bankruptcy attorney you have the answers, so what better way to earn people’s trust and build thought leadership than to answer their frequently asked questions through the World Wide Web. The perfect platform? Your website’s blog. (more…)

28 Sep 2018

It used to be that the only people who were focused on branding were technology experts, large corporations, and celebrities. However, that isn’t the case today. With so many people flocking to the Internet and social media, professional brands are the foundation of success.

As a bankruptcy attorney, you have to remain true to your values and your foundation when delivering services and overall customer experiences. Your brand is a great opportunity to convey this.

To help you gain more clients and leverage your brand, here are a few things you can do to take advantage of branding for your bankruptcy firm. (more…)

23 Feb 2017

If you are currently going through a financial crisis, saving money is probably at the forefront of your mind. After all, we all know that every little bit helps, especially when you are attempting to work your way out of a tough financial situation.

When finding places to trim the budget, most people are quick to blame—and cut—the little splurges and treats they may be indulging in. While this is definitely a good first step, it doesn’t have to stop there. There are actually a number of ways to save money that require very little to no sacrifice whatsoever. For instance, setting your thermostat a (more…)

01 Feb 2017

The new year is a time to start over with a blank slate. It’s an ideal
time to rid yourself of negativity and give yourself a fresh new outlook on life.

Unfortunately, this can be difficult to do with debt hanging over your head. In fact, waking up to find yourself in deep—and ever increasing—debt can make it hard to focus on much of anything.

Fortunately, there is a way out of debt, even when it is deep and seemingly endless. Although it will likely be a journey, there are plenty of others who have traveled the same road to help you out along the way. Best of all, the freedom from debt found at the end of the road is well worth all of your hard work.

The first step on your journey to debt-free living is to ditch the credit cards. Don’t toss them out entirely until they are paid off, but do freeze them in a large block of ice, hand them over to a trustworthy family member to keep out of your reach, or hide them from yourself in a place that is very inconvenient to get to. This will keep you from using them without a lot of thought first. (more…)

24 Jan 2017

Perhaps you’ve found yourself in a difficult financial situation caused by high medical bills and loss of income, or a recent divorce. Your debts are piling up, and there’s simply not enough money to pay your creditors what you owe them. If you have come to the conclusion that your only option is filing for bankruptcy to eliminate your debts, be very careful. There are some detrimental financial moves that can hurt your bankruptcy case. It’s important that you avoid these mistakes so that your bankruptcy filing is a smoother process, rather than one fraught with challenges from your creditors, or the bankruptcy trustee.

Transferring Property or Money

People often believe that if they transfer assets, such as houses, cars and cash to relatives or others that those assets will be safe from the bankruptcy proceedings. This is a complete fallacy, and in fact, transferring assets does little to protect your assets. Worse yet, these attempts can be construed as fraudulent by the court, even if you had no intention of concealing the assets.

(more…)