by CMC Law | Feb 4, 2020 | Uncategorized
Are you considering filing for chapter 7 or chapter 13 bankruptcy? People often consult a bankruptcy attorney at their lowest point. By the time they enter the attorney’s office, they have often felt out of control of their finances and their lives for months or even...
by CMC Law | Jan 22, 2020 | Uncategorized
Although today’s economy is booming, many Americans are still having to tighten their purse strings. It can be difficult to justify a car payment when you need to pay for your kid’s braces or other pricey venture. Unfortunately, if you default on a loan, the creditor...
by CMC Law | Jan 8, 2020 | Uncategorized
You’ve had enough. You’re tired of battling your business’ ever-growing mountain of debt and are ready to throw your hands up in the air. Inability to overcome debt is a major indicator that it’s time to call a business bankruptcy lawyer to help. Filing for bankruptcy...
by CMC Law | Dec 22, 2019 | Uncategorized
If you’re facing a pile of debt that you just can’t seem to pay off, the well from which you draw funds to pay back creditors can quickly run dry. In the event that you can no longer afford to make repayments, the court may order your employer to withhold a certain...
by CMC Law | Dec 8, 2019 | Uncategorized
When you’re a small business owner, facing financial issues may be a struggle you’re all too familiar with. The best way to battle your way out of debt is to face the creditors head on, tighten your purse strings and make the necessary payments. For many, however,...
by CMC Law | Nov 18, 2019 | Uncategorized
When faced with financial troubles, it might feel like there are few options to save the sinking ship. However, before jumping on the bankruptcy train and searching for a Chapter 13 bankruptcy lawyer, it’s important to consider what exactly Chapter 13 is, compared to...
by CMC Law | Nov 4, 2019 | Uncategorized
Nearly everyone who’s filed or is filing bankruptcy has likely come to the conclusion that bankruptcy is the last option they have available for their situation. For whatever the cause, the inability to climb out of a mountain of debt is overwhelming and can prompt...
by CMC Law | May 7, 2019 | Uncategorized
In 2011, the United States Supreme Court decided a case that continues to have a big impact on people who intend to file Chapter 13 bankruptcy. The case stems from a 2006 Chapter 13 bankruptcy case in which a debtor named Jason Ransom and his Chapter 13 bankruptcy...
by CMC Law | Apr 9, 2019 | Uncategorized
Unlike Chapter 7 bankruptcy that eliminates most debts, Chapter 13 bankruptcy allows you to consolidate your debts, potentially negotiate lower payments, and repay all creditors over a period of three to five years. This plan works well for most filers as long as...
by CMC Law | Mar 18, 2019 | Uncategorized
When you are struggling with debt, the thought of having to give up your vehicle might keep you from considering bankruptcy as an option. Fortunately, bankruptcy legislation known as 11 U.S.C. Section 506 allows you to keep your car while lowering both the interest...
