News — Bankruptcy

Will Bankruptcy help restore your financial stability? Bankruptcy options! Your best options for solving your debt problems Heupel Law, P.C. You’ve heard a number of myths about bankruptcy now is perhaps the best time to stay informed about legal niceties, like, how to file the financial bankruptcy. It is not difficult to find American families looking for ways to filing bankruptcy to get rid of debt.  In the event that foreclosure is a danger and it seems that you have no other means of borrowing,  then it is time to consider seeking advice on bankruptcy. Filing for bankruptcy is not...

Interested in how to get credit cards after bankruptcy? First off, your credit reports should show zero balances, as this will definitely increase your borrowing power. Your credit will still be bad, so look for cards that are designed specifically for people in your situation. Your options consist of secured and prepaid cards, but go for a secured card, since those lenders will usually report activity to the credit bureaus and you can re-establish your reputation with responsible use. Check to be sure the one you apply for does report to the bureaus. Prepaid cards will not do that reporting, so...

Why you need a lawyer to file for bankruptcy—and how to get one for free. Are you Too Broke To Go Bankrupt?     Many cash-strapped Americans, overloaded with debt, will not be able to afford to file for bankruptcy this year. Anywhere between 200,000 and 1 million consumers are estimated to be unable to come up with the $1,500 average cost to pay for the filing and lawyer fees for a Chapter 7 bankruptcy, according to recent research submitted to the National Bureau of Economic Research. Today, the Chapter 7 filing fee by itself, without attorney fees, is around...