• 17 Oct 2020
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Can I File Bankruptcy If I’m Unemployed?

Posted by srailawoffice In Bankruptcy October 17, 2020 0 Comment
Can I File Bankruptcy If I’m Unemployed?

One of the biggest triggers for a bankruptcy filing is losing your job. This makes sense because most people who abruptly lose their job are not equipped to keep up with their financial commitments. However, this doesn’t mean that every option will be available to the recently unemployed, or that filing for bankruptcy immediately or …

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  • 15 Oct 2020
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Chapter 7 Bankruptcy: Eligibility Checklist

Posted by srailawoffice In Bankruptcy October 15, 2020 0 Comment
Chapter 7 Bankruptcy: Eligibility Checklist

Most people who find themselves in a financial bind and are considering bankruptcy are generally uncertain as to whether they qualify to file Chapter 7. For most people, the concern of not qualifying for Chapter 7 bankruptcy stems from misinformation from friends and family or the internet. In fact, in 2019, more than 11,000 people …

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  • 13 Oct 2020
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Financial Stress Impacts Overall Health

Posted by srailawoffice In Bankruptcy October 13, 2020 0 Comment
Financial Stress Impacts Overall Health

Debt can wreak not only financial havoc, but also create major stress on your overall health. Juggling debt and dealing with creditors is stressful and unpleasant. Allotting money to pay off credit card and other types of debt means taking money away from other important life necessities. For some, it can even mean cutting back …

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  • 19 Aug 2020
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How to Pay Off Credit

Posted by srailawoffice In Bankruptcy August 19, 2020 0 Comment
How to Pay Off Credit

The Covid-19 pandemic has financially impacted all of us in one way or another. Most individuals, especially those who lost their jobs during these unprecedented times, have had no choice but max out their credit cards to make ends meet. Raking up credit card bills, for whatever reason it may be, can create a substantial …

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  • 17 Aug 2020
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Top 5 Bankruptcy Questions

Posted by srailawoffice In Bankruptcy August 17, 2020 0 Comment
Top 5 Bankruptcy Questions

If you are financially strapped and overwhelmed with calls from creditors and late bills, you might be considering filing for bankruptcy. Although almost everyone knows what bankruptcy is, most people don’t know what it actually entails. You will no doubt have countless questions about the filing process and the impact of filing bankruptcy on your …

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  • 29 Jul 2020
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Chapter 7: The Most Efficient Type of Bankruptcy

Posted by srailawoffice In Bankruptcy July 29, 2020 0 Comment
Chapter 7: The Most Efficient Type of Bankruptcy

The COVID-19 pandemic has impacted all aspects of our lives. For most people, especially those who own “non-essential” businesses, the financial impact of the coronavirus is felt deeper than others as their debt grows. Although everyone’s debt situation is different, for some bankruptcy may be the only option to control their financial situation. If you …

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  • 29 May 2020
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Filing Bankruptcy to Save Your Struggling Business Impacted by the COVID-19 Pandemic

Posted by Gurjit Srai In Bankruptcy May 29, 2020 0 Comment
Filing Bankruptcy to Save Your Struggling Business Impacted by the COVID-19 Pandemic

There is no doubt that the COVID-19 pandemic has significantly impacted all of us – especially those who were forced to close their small businesses since early March pursuant to government orders to help stop or reduce the spread of the coronavirus.  Due to these current events, your small business may be facing bleak prospects …

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  • 28 May 2020
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COVID-19 Has Changed Everything, Including the U.S. Bankruptcy Code

Posted by Gurjit Srai In Bankruptcy May 28, 2020 0 Comment
COVID-19 Has Changed Everything, Including the U.S. Bankruptcy Code

In response to the novel coronavirus, also known as COVID-19, President Trump signed into the law the Coronavirus Aid, Relief and Economic Security Act (the “CARES ACT”) to provide a $2 trillion economic stimulus package to support businesses and individuals impacted by the virus. The CARES Act includes revisions to certain portions of the U.S. …

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