Recent News
Bankruptcy: A Safety Net Unique to the United States
Although several countries have bankruptcy laws of one variety or another, most are designed to assist businesses in financial trouble. The United States is unique in that it is one of very few that have a bankruptcy system designed to assist the consumer debtor. The...
How Duck Dynasty Can Be a Guide for Your Small Business to Succeed and Avoid Bankruptcy
The popular cable reality program Duck Dynasty, starring the Robertson clan of West Monroe, Louisiana, is based around the Robertson's highly successful family business of making and selling duck calls and other assorted hunting paraphernalia. The business, started...
Myths About Bankruptcy
An excellent post by Oklahoma Bankruptcy Attorney Dan Nunley about 3 common myths of bankruptcy. Bankruptcy is a very misunderstood area of law. It is extremely important to get competent legal advice about your options and rights in regards to your debts. Do not...
Falling Behind In Your Chapter 13 Bankruptcy Payments: What should you do ?
If you are in a Chapter 13 bankruptcy, and find that you are having trouble making the payments, there is a way to save your case and stay in bankruptcy. Most courts will allow you to file a motion to suspend payments for a period of time. Some courts will allow a...
5 Signs That it May Be Time to File Bankruptcy
Bankruptcy is intended to help honest debtors get a fresh start, but there is no hard and fast rule on who will benefit the most from filing for bankruptcy. These are some of the warning signs that I look for when advising a potential client that it may time to file...
Chapter 7 Bankruptcy and Tax Refunds: Beware !
It's that time of year for tax refunds. We have questions from folks as to whether they can file Chapter 7 bankruptcy and still keep their tax refunds coming to them after they file bankruptcy or received right before filing bankruptcy. The answer is that they...