Bankruptcy Blog

Bankruptcy 101 every consumer aware

By david.benson / March 24, 2020 / 0 Comments

Bankruptcy 101: What every consumer should be aware about Recent changes in bankruptcy laws make it more difficult for people to file. In 2015, nearly 900,000 people filed for bankruptcy. Bankruptcy filers aren’t always people who mismanaged their finances. Many suffer major health crisis’ or a life event, such as divorce or losing their job. Economic climate also […]

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Can bankruptcy stop foreclosure

By david.benson / March 24, 2020 / 0 Comments

Can Bankruptcy Stop Foreclosure? If you are facing foreclosure, filing bankruptcy may help. At Benson Law Firm, we can answer your questions and guide you through the bankruptcy process. Below, we explain what you need to know about how bankruptcy may be able to stop foreclosure. Are You Trying to Save Your Home? You and your husband have […]

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Chapter 11 what if i dont qualify chapter 7 chapter 13

By david.benson / March 24, 2020 / 0 Comments

Chapter 11: What If I Don’t Qualify for Chapter 7 or Chapter 13? What if you make too much money for a Chapter 7 and run afoul of Chapter 13 limits? You may have to file under Chapter 11. A bankruptcy attorney at Benson Law Firm can help you consider your options. If you make more than the median income for your […]

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Types of bankruptcies what is the difference between chapter 7 chapter 11 and chapter 13

By david.benson / March 24, 2020 / 0 Comments

Types of Bankruptcies: What Is the Difference Between Chapter 7, Chapter 11 and Chapter 13? Bankruptcy is an ancient right. Medieval church law provided for the discharge of debt in exchange for the liquidation of all but one’s necessary assets. This led to the enactment of the first bankruptcy laws in merry old England. It was […]

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Chapter 7 attractive option quick

By david.benson / March 24, 2020 / 0 Comments

Why is Chapter 7 an attractive option? Its QUICK! In our office, it usually takes around three months from our filing a case to a debtor receiving their order of discharge that permanently releases his or her debts. This is far less time in bankruptcy than your typical Chapter 13 case, which customarily lasts between […]

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Three truths about bankruptcy credit

By david.benson / March 24, 2020 / 0 Comments

Three Truths About Bankruptcy and Your Credit Cleveland Bankruptcy Attorney discusses Truth About Bankruptcy and Your Credit Are you curious about the truth about bankruptcy?  Your creditworthiness after bankruptcy is in part a function of your creditworthiness before you filed Obviously, filing for protection with the bankruptcy court is not a positive for your credit score, but […]

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