On behalf of Oliver & Legg | Feb 9, 2018 | Chapter 7
Not just anyone is entitled to file for Chapter 7 bankruptcy. Instead, it’s necessary for you to meet established criteria to do so. If you happen to fall short in meeting those qualifications, a bankruptcy court trustee may allow you to convert your case to a...
On behalf of Oliver & Legg | Oct 20, 2017 | Chapter 7
It’s tough dealing with chronic illnesses requiring frequent emergency room visits and/or prolonged hospital stays. But it’s even tougher when the hospital and the debt collection agency it employs use heavy-handed tactics to shake sick patients down for...
On behalf of Oliver & Legg | Aug 24, 2017 | Chapter 7
Three former executives at a New Jersey-based company that is now in bankruptcy are facing charges related to illegally obtaining a credit line for $400 million. The men worked for Transmar Commodity Group Ltd., which was a cocoa trading company headquartered in...
On behalf of Oliver & Legg | Jun 15, 2017 | Chapter 7
You’ve made the difficult decision to file for Chapter 7 bankruptcy. You know that your financial life will change after this and won’t be the same for awhile.However, your credit cards haven’t yet been cancelled. Should you make a few last...
On behalf of Oliver & Legg | May 3, 2017 | Chapter 7
If you find that your alimony payments are more than you can handle financially, it may be tempting to consider bankruptcy as a way to avoid them. However, that’s probably not the best choice.It’s essential first to understand the difference between...
On behalf of Oliver & Legg | Mar 31, 2017 | Chapter 7
Chapter 7 is often thought of as a way to wipe the slate clean and erase all debts. While it can in some cases, it’s important to know that every single debt isn’t discharged in every case. Some debt can remain. That doesn’t mean you should not use...
On behalf of Oliver & Legg | Mar 2, 2017 | Chapter 7
To a small business owner who is facing a debt spiral that does not seem to have a solution, it can be difficult to know just what to do. Bankruptcy is always there as an option, but the way that it works can cause distress to many people, especially when they do not...
On behalf of Oliver & Legg | Feb 10, 2017 | Chapter 7
In one year during this decade, one tech provider estimated that as many as 1.25 million Americans filed bankruptcy petitions. That number was actually a decrease from the 1.38 million the prior year.Despite the popularity of the strategy to get out of the deepest...
On behalf of Oliver & Legg | Jan 13, 2017 | Chapter 7
It’s a new year, and for some, it’s a good time to file for bankruptcy to get out from under unmanageable debts. The type of slate-clearing bankruptcy many debtors seek is Chapter 7.Individual debtors may qualify for filing under Chapter 7, but a means...
On behalf of Oliver & Legg | Dec 2, 2016 | Chapter 7
Many consumers who are struggling with debt hesitate to file for bankruptcy because they dread tanking their credit rating and not being able to buy a home, a new car or even open a credit card account in the future.It’s a reality that needs to be weighed...
