Author Archives for sperling

How Do I Stop Debt Collection Phone Calls?

April 8, 2014 9:31 am Published by Leave your thoughts

Phone calls from creditors can be overwhelming and harassing especially if they are calling you at home, work and at relative’s homes.  Some creditors will handle their own collections but yet others farm out the job to third-party collection companies.  As a consumer you have the right to end all contact with debt collectors.  The Fair Debt Collection Practices Act...


What is the bankruptcy process?

April 1, 2014 1:29 pm Published by Leave your thoughts

If you are struggling with debt and feeling overwhelmed, you may want to meet with an experienced bankruptcy attorney to review your case and discuss your options.  If individual bankruptcy is something that you may need to consider you may want to know the basic process.  Let’s look at the steps in the bankruptcy process for individuals. Credit Counseling –...


How do I file for bankruptcy?

March 25, 2014 9:45 am Published by Leave your thoughts

Bankruptcy has long-term financial and legal consequences – hiring a competent attorney is strongly recommended. Corporations and partnerships must have an attorney to file a bankruptcy case. Individuals, however, may represent themselves in bankruptcy court. While individuals can file a bankruptcy case without an attorney or “pro se,” it is extremely difficult to do it successfully.  According to the United...


How does bankruptcy affect credit?

March 18, 2014 9:43 am Published by Leave your thoughts

One of the things that people fear the most when filing for bankruptcy is how it will impact your credit score and the ability to use credit.  Our society is very dependent upon buying on credit so it can be a huge inconvenience to work on a cash only basis.  It is impossible to predict what will specifically happen to...


Does Bankruptcy Wipeout a Judgement?

March 11, 2014 9:41 am Published by Leave your thoughts

As a general rule, filing bankruptcy effectively eliminates or “discharges”  judgments, debts, tort liability and others types of general liability. According to Bankruptcy Laws, judgments for most types of general liability are dischargeable such as: general liability from adverse court rulings include suits based on loan defaults, non-payment of credit cards, tort liability, breach of contract, and many others. The...


Is bankruptcy the end of the world?

March 4, 2014 9:38 am Published by Leave your thoughts

Your health deteriorates and medical bills build up.  The stock market drops and your retirement nest egg disappears.  Your employer downsizes and you get laid off.  Your family experiences the death of the “bread winner”.  Any number of life events could precipitate the need to declare bankruptcy.  Feeling upset and nervous about filing is normal but rest assured that you...