by Kevin Fallon McCarthy | Feb 23, 2015 | Avoid Bankruptcy, Credit Card Debt, Debt Settlement vs. Bankruptcy
Did David Cassidy File Bankruptcy? Scottsdale, AZ February 23, 2015 Sadly. The former Partridge Family star filed for bankruptcy recently due to thousands owed in credit card debt, personal loans, mortgage, and lawyer bills. Outside of the lawyer bills and stardom,...
by Kevin Fallon McCarthy | Jan 30, 2015 | Avoid Bankruptcy, Debt Settlement vs. Bankruptcy, Tax Implications
Often, clients come to the office and start with a strong opinion one way or another – either they absolutely do not want to file bankruptcy or they absolutely want to file bankruptcy because they see that as their only option. What they usually do not know is that...
by Kevin Fallon McCarthy | Oct 22, 2014 | Debt Settlement vs. Bankruptcy
Not Everyone Can Qualify for Chapter 7 Bankruptcy Despite its many disadvantages, chapter 7 bankruptcy is perhaps the most powerful form of debt relief – with a few exceptions, it discharges (extinguishes) all of the filer’s debt. While the pace of bankruptcy...
by Kevin Fallon McCarthy | Oct 22, 2014 | Debt Settlement vs. Bankruptcy
To begin with, being in debt these days is not something to be ashamed of. Today, people, companies, and even nations are finding themselves caught in a debt spiral that has resulted in ever-increasing debt loads. Indeed, as of June 2012 the United States had a public...
by Kevin Fallon McCarthy | Oct 22, 2014 | Debt Settlement vs. Bankruptcy
Can I avoid Bankruptcy? Weighing the Pros and Cons of Chapter 7 and Chapter 13 Bankruptcy If you are considering filing bankruptcy, you may be wondering which chapter you would file under and why, or what are the ways to avoid bankruptcy all together – or if...
by Kevin Fallon McCarthy | Oct 22, 2014 | Debt Settlement vs. Bankruptcy
The Preliminary Questions That Will Help You Decide If you’ve overextended yourself to the point where creditors are threatening wage garnishment, foreclosure or repossession, you may be asking yourself, “Should I file bankruptcy?” Unfortunately,...