On behalf of Law Office of Paul L. Urich, P.A. | Feb 27, 2020 | Bankruptcy
By all accounts, more Americans are working right now than ever. Unemployment rates are at a 50-year low, wages are moving higher and the economy is doing well. So, why are so many ordinary people struggling under massive amounts of credit card debt? Well, there is a...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 13, 2020 | Bankruptcy
When you’re able to keep your home through a bankruptcy, you might be concerned about how much your payments are on it. For some, there comes a time when refinancing the mortgage becomes necessary. In these cases, you should understand your loan type and the chapter...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 10, 2020 | Bankruptcy
The more you review your finances, the more you realize that there is no way of escaping your debt. You’ve tried everything, just to realize that you’re in too deep to dig your way out of trouble. In this case, Chapter 7 bankruptcy is a financial strategy to strongly...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 7, 2020 | Bankruptcy
When personal debt reaches unsustainable levels, people have to start making difficult financial decisions. Do you pay the electricity bill, or do you buy groceries? Will you have to use credit to pay your basic expenses again this month, even though you’re...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 6, 2020 | Bankruptcy
The stock market has been healthy, and unemployment rates are low — but consumer debt is on the rise. American families owe a combined $1.5 trillion in debt. Much of it is on credit cards, school loans and assets that depreciate quickly, like cars. For example,...
On behalf of Law Office of Paul L. Urich, P.A. | Dec 9, 2019 | Bankruptcy
As you may know if you’ve been struggling with student loan debt, it’s almost impossible to get your student loans discharged in bankruptcy. That does not mean that bankruptcy couldn’t help you get back on your feet. Even when you have debt that can’t be discharged,...
On behalf of Law Office of Paul L. Urich, P.A. | Dec 5, 2019 | Bankruptcy
You’re considering bankruptcy to get yourself a better tomorrow. But sometimes innocent moves you’ve made with assets in the past can affect your filing for the future. Hiding assets in bankruptcy proceedings is a serious offense, one that constitutes 70% of all...
On behalf of Law Office of Paul L. Urich, P.A. | Nov 14, 2019 | Bankruptcy
Financial peril can strike without regard to your status. Age, history, married, single, occupation, education – all are inconsequential. Only two things are important to remember. First, the government, through the Bankruptcy Code, has given Americans the chance to...
On behalf of Law Office of Paul L. Urich, P.A. | Nov 4, 2019 | Bankruptcy
One in every five Americans struggles with medical debt. The good news is that there may be help available. Before you pay medical bills with a credit card, consider negotiating with your healthcare providers – there are often opportunities to reduce what you owe. You...
On behalf of Law Office of Paul L. Urich, P.A. | Oct 30, 2019 | Bankruptcy, Home Foreclosure
In the golden years of life, one hopes that laughter and calm fills the day-to-day existence. Unfortunately, for some, those calm moments are few and far between. Gray bankruptcy is an unfortunate reality, fueled by everything from a rising cost of living and stagnant...
