On behalf of Law Office of Paul L. Urich, P.A. | Aug 1, 2020 | Chapter 7 Bankruptcy
Whether you have struggled under the burden of debt for some time or an unexpected event like a medical emergency has left you with mounting medical bills, bankruptcy could offer relief. When filing, though, it is important to determine whether Chapter 7 or Chapter 13...
On behalf of Law Office of Paul L. Urich, P.A. | Jul 29, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit Card Debt, Home Foreclosure
When you struggle with debt, it can be difficult to escape the thought of that burden. Persistent collections attempts from creditors can make that even worse. You may find written demands in your mailbox or email inbox. The messages on your phone may be filled with...
On behalf of Law Office of Paul L. Urich, P.A. | Jul 26, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
When you have reached a point in your finances where you believe bankruptcy is among your most viable options, you will likely consider chapter 7 bankruptcy. Chapter 7 bankruptcy involves the selling off of significant assets in order to pay off creditors. However, to...
On behalf of Law Office of Paul L. Urich, P.A. | Mar 6, 2020 | Chapter 7 Bankruptcy
Credit card debt can make you feel like you’re stuck in an impossible bind. Interest rates are high, and you could find that it’s nearly impossible to make headway into paying down what you owe. There are options to help with this situation. Some are to: Look into...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 20, 2020 | Chapter 7 Bankruptcy
Have you taken a payday loan? Maybe your car’s brakes went out, and you had no other way to work. Maybe your dog got sick, and the vet bill was a bit heftier than you were prepared to handle. Whatever the reason you got there, you are starting to realize that those...
On behalf of Law Office of Paul L. Urich, P.A. | Feb 7, 2020 | Chapter 7 Bankruptcy
Some people tend to view their credit cards as emergency funds. If something goes wrong, they know they can just charge whatever they have to. Maybe you tend to spend $4,000 every month, for instance, and it’s all in your budget. Your card, though, has an $8,000...
On behalf of Law Office of Paul L. Urich, P.A. | Dec 9, 2019 | Chapter 7 Bankruptcy
Bankruptcy is a nerve-wracking and emotional process that usually involves significant stress. As debts pile up, you may feel overwhelmed by the situation you find yourself in. Then, if you are contemplating bankruptcy, you may find yourself worrying even more about...
On behalf of Law Office of Paul L. Urich, P.A. | Oct 30, 2019 | Chapter 7 Bankruptcy
Difference between secured and unsecured debt Owing more than you can afford is stressful, and contemplating a Chapter 7 bankruptcy without any idea of how it works probably won’t bring relief. Though a fresh start may be just what you need, it’s important to know how...
On behalf of Law Office of Paul L. Urich, P.A. | Oct 21, 2019 | Chapter 7 Bankruptcy
A negative stigma often surrounds the notion of filing for bankruptcy. Many people attribute it to a personal failing of some sort, but that often isn’t the case. In general, you may simply have a misunderstanding of what bankruptcy can do for you. Here are three...
On behalf of Law Office of Paul L. Urich, P.A. | Oct 18, 2019 | Chapter 7 Bankruptcy
When you decide to file for bankruptcy, you must decide to file for Chapter 7 or Chapter 13. The chapter that works best for you will depend on your debt and income. But if you choose to file for Chapter 7, you must first pass the means test. In 2005, a means test was...
