ANGELA R. OWENS
ATTORNEY

The bankruptcy means test is a crucial element in filing for bankruptcy. It helps determine whether a person is qualified to file for Chapter 7 bankruptcy or whether they have to repay some of their debts through Chapter 13 bankruptcy.  However, many people make mistakes when filling out the means test, leading to incorrect results,…

Filing for bankruptcy can be difficult and heartbreaking, but it may also give a much-needed fresh start financially. Chapter 7 bankruptcy is the most common form of bankruptcy, where your assets are liquidated to settle debts.  However, not all debts may be discharged in Chapter 7 bankruptcy. This article will discuss in greater detail which…

Filing for Chapter 7 bankruptcy can be a lifesaver for those drowning in debt and in need of a fresh financial start. However, not everyone is eligible for Chapter 7 bankruptcy. The Bankruptcy Means Test was introduced by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to prevent high-income individuals from filing for…

Welcome back to our discussion on Chapter 13 bankruptcy. In part one, our bankruptcy attorney provided an overview of what Chapter 13 bankruptcy is, some of the benefits of filing, and the filing process. In this article, we will delve deeper into Chapter 13 bankruptcy. Who Is Eligible for Chapter 13 Bankruptcy? Chapter 13 bankruptcy…

Bankruptcy is a legal process that can be complex and overwhelming for anyone who finds themselves in such a situation. It is a difficult decision to make, but sometimes it is the only option left.  Filing for bankruptcy can be a complex and overwhelming process. Hiring a bankruptcy attorney can help you navigate this process…

Most individuals facing debt issues would rather opt for Chapter 7 bankruptcy, which allows them to eliminate their debt within four months without reimbursing their creditors. However, not everyone is eligible for this option. Those with substantial income or who wish to retain valuable assets typically seek assistance through Chapter 13 bankruptcy. Here, we’re sharing…

Debt is an inevitable part of life for many people, but it can easily spiral out of control. It can be overwhelming and stressful when you find yourself drowning in debt.  However, there are options available to help you get back on track. The sections below discuss the signs that you may need debt relief…

Bankruptcy is a legal process through which individuals and businesses can get relief from their debts. It provides a fresh start and a chance to rebuild financial health. However, there are several misconceptions about bankruptcy. People often need help understanding what it can and cannot do. In this article, our debt relief lawyer will discuss…

Bankruptcy is a difficult and stressful experience for many people. When finances become overwhelming and unmanageable, filing for bankruptcy is often the only option. However, it can be a complicated process, and most people don’t understand the full scope of it. In this case, you must hire a bankruptcy lawyer. A bankruptcy attorney specializes in…

If you are struggling with mounting debts and endless phone calls from creditors, you may be wondering whether filing for bankruptcy will finally put an end to the harassment. The answer is a resounding yes, but there are some important caveats and considerations to keep in mind. In this article, we will delve into whether…