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If you are trying to decide, before you speak with a lawyer, if you can qualify for a Chapter 7, the first thing you need to know is what is your “Household Income”. Household income is defined in the United States Bankruptcy Code as all income from your employer is included—all gross wages or salary, as well as any tips, overtime, shift differentials, and commissions, WITHOUT subtracting any tax or other deductions.

According to the Federal Reserve Bank of New York, Americans added $312 billion in debt during the second quarter — an increase that New York Fed researchers called ‘pretty sizable.’

Many people wonder what actions they take effect their Credit? What can they do to raise a Credit Score?

In March 2020, COVID-19 forced States to close K-12 schools. These schools are unlikely to re-open for several months, leading to many questions about how to proceed.

A question posed by numerous married new clients is “should my spouse file as well or should I file alone, we want to save my spouses credit?” The answer is dependant on several factors:

We all know that as a result of the Coronavirus, the Stock Market is all over the place. We also know that the Stock Market will come back, eventually.

As many who have either considered filing or who have already filed for bankruptcy know, the Bankruptcy Act determines whether or not one you file a Chapter 7 Petition with no presumption of abuse with something called the “Means Test.”

Isn’t a fulfilling education for their child the dream and desire of every loving parent? Unfortunately, with the unfair circumstances surrounding our educational systems today, achieving this dream isn’t always easy; especially if you have a special needs child.

It’s true that, while considered a “last resort,” filing for bankruptcy can give you another chance at financial success. Chapter 7 Bankruptcy is a common choice for individuals and allows the benefit of canceling or eliminating all, or at least most, of your debt.

Nearly 1 in 5 parents of kids with autism who participated in a new study had enough symptoms of post-traumatic stress disorder to qualify for a provisional diagnosis. The study, which included hundreds of parents of children who are on the spectrum, found that 18.6 percent met criteria for PTSD.