This is a frequently asked question for any bankruptcy attorney and is dependent upon the unique facts and circumstances of each case. In some instances, the probable success of a bankruptcy case can be determined at the initial consultation and...
Read moreHOW TO PROTECT YOU AND YOUR SMALL BUSINESS FROM BANKRUPTCY
Covid caused irreparable harm to small businesses, with many not surviving even with government assistance and intervention. The small businesses that did survive benefited from the loss of competition but now face rising supply costs and labor...
Read moreDEBT “NEGOTIATION” COMPANIES – NEW NAME BUT SAME CONCEPT AS DEBT “SETTLEMENT” COMPANIES
We have previously published our own articles and referenced others on this website regarding the hazards of dealing with debt settlement companies. THE HIDDEN RISKS OF DEBT SETTLEMENT PLANS The debt settlement industry has taken a hit as federal...
Read moreBANKRUPTCY FILINGS SHOW FIRST QUARTER INCREASE FOR THE FIRST TIME IN 3 YEARS
The logic behind the numbers FORECLOSURES – Foreclosure referrals in January 2023 were at their highest level since pre—Covid. Those foreclosure numbers have continued to increase for a number of reasons. Pandemic era safeguards expired and...
Read moreTHE IMPORTANCE OF HAVING ADEQUATE AUTOMOBILE INSURANCE
What does automobile insurance have to do with bankruptcy? Not having adequate automobile insurance or being unfamiliar with your existing insurance can create significant financial problems. These financial problems can in turn lead to a...
Read morePREPARING AN ACCURATE BANKRUPTCY PETITION WHY YOUR CREDIT REPORT MAY NOT DISCLOSE ALL OF YOUR DEBTS
For consumers filing bankruptcy, it is especially important to disclose all of your creditors to the bankruptcy court. This disclosure is part of the bankruptcy petition which is filed with the bankruptcy court, and assists the Clerk of...
Read moreCOMMON BANKRUPTCY MYTHS REVISITED
Consumers who are in financial distress and considering bankruptcy frequently delay seeking assistance because of myths about bankruptcy, and fears about the ability to obtain credit in the future. Some of the myths are shared by friends, family...
Read moreCOMMON MISTAKES THAT PRO SE DEBTORS MAKE IN CHAPTER 7 CASES
The attorneys at Leiden & Leiden have noticed an increase in “pro se” bankruptcy filers in the Augusta Division of the Southern District of Georgia over the last year. Filing a case “pro se” means that the debtor is doing it without the...
Read moreCOMMON MISTAKES THAT PRO SE DEBTORS MAKE IN CHAPTER 13 CASES
The attorneys at Leiden & Leiden have noticed an increase in “pro se” bankruptcy filers in the Augusta Division of the Southern District of Georgia over the last year. Filing a case “pro se” means that the debtor is doing it without the...
Read moreOVERLOOKED CAUSES OF FINANCIAL DISTRESS
Our website at Leiden & Leiden has previously described the most common causes of financial distress which may lead to bankruptcy. Among those causes are divorce/separation, unemployment/underemployment, health issues and mismanagement...
Read moreDÉJÀ VU ALL OVER AGAIN
In 2008, this country entered into what has been called the “Great Recession”. Many mistakes were made by some of the largest institutional lenders in the country, and the consequences of those mistakes spread throughout our economy. While some...
Read moreROMANCE SCAMS – A STEADILY RISING CAUSE OF BANKRUPTCY
Victims of scam artists frequently find themselves in financial distress. Our office has represented dozens of innocent scam victims who liquidated assets, and then after their assets were expended, began borrowing money in the futile hope that...
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