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November 2019 Archives

When is filing for Chapter 13 bankruptcy a good decision to make?

Filing for bankruptcy is not always a good decision to make. If it is realistic for you to be able to tackle your debts by employing discipline and a good budgeting protocol, it is probably best that you avoid bankruptcy. However, if you are struggling to keep your head above water and you are feeling overwhelmed by debt, a bankruptcy filing may be the best option.

Debunking some of the most common bankruptcy myths

It's common for those facing financial struggles to be wary of filing for bankruptcy because of the horror stories that they have heard. Many people hear false information about bankruptcies that they believe to be true. This occurs in part because the different bankruptcy filings vary broadly, and what is true for one bankruptcy filing may not be true for another. Additionally, debt settlement companies may want to dissuade people from filing and may exaggerate the disadvantages of bankruptcy.

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Schwartz Bankruptcy Law Center

Office Locations:

Louisville Office
3339 Taylorsville Road
Louisville, KY 40205

Phone: 502-785-8549
Phone: 502-485-9200
Fax: 502-485-9220
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New Albany Office
501 State Street
New Albany, Indiana 47150

Phone: 502-785-8549
Phone: 812-945-9200
Fax: 502-485-9220
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