Hammond & Hammond, P.C.

Consumer Bankruptcy

April 2016 Archives

Which is better: Filing bankruptcy or doing nothing?

No matter how well our economy seems to be doing, a portion of Americans continues to struggle with their debt, which forces individuals and families in some situations to choose between buying groceries and paying creditors. A difficult decision like this, coupled with the threat of calls from creditors, is enough for most to seek advice about debt relief and which option is best in specific situations.

Worried about losing your home? It may not happen in Chapter 7

Most people make an effort to manage their debt by making regular, on-time payments. But as you know, the sudden loss of a job or an unexpected injury or serious illness can wreak havoc on these carefully laid plans. What was once a manageable situation may quickly grow out of control, leaving you worried about your financial future and your family home.