Student loans remain one of the few debts that are extremely difficult to get rid of in bankruptcy. Now it’s possible the government may be changing the parameters of one of the better options out there for individuals with high federal student loan debt. This could effect you if it goes into effect so it’s […]
Student loans are notoriously difficult to eliminate in bankruptcy under the current standards. While there are options for federal student loans, many private student loan lenders offer few options for those in need. Some congressional leaders have put forth a bill to allow student loans to be discharged in bankruptcy. Link to proposed bill: https://www.congress.gov/bill/115th-congress/house-bill/2366 […]
People facing foreclosure oftentimes reach out to our office too late in the process to avoid needing to file bankruptcy. That doesn’t mean that there aren’t other options out there. Many mortgage companies and servicers offer loan modification to people who have fallen behind on payments. There are also outside organization such as Step Forward […]
Attorneys Jeremy Shephard and Rebecca Johnson-Ellis recently went to WZZM to discuss options under the Bankruptcy Code. Click on video below to watch: At the law offices of Andersen, Ellis & Shephard, we have represented thousands of individuals in consumer bankruptcy filings.
Attorneys Rebecca Johnson-Ellis and Jeremy Shephard sat down with EightWest to discuss tax time and options under the Bankruptcy Code. Check out the link below to learn more: http://woodtv.com/2017/02/13/help-take-control-of-you-debt-bankruptcy-help-from-experts/ At the law offices of Andersen, Ellis & Shephard, we have represented thousands of individuals in consumer bankruptcy filings.
I have a belief that creditors perpetuate the stigma that bankruptcy makes you a bad person because of their own self-interests. Does it make you a bad person if you want to protect your house? To protect your income so you can put food on your kid’s table? I think most everyone believes putting a […]
One of the biggest mistakes I see from debtors that meet with me is that they have liquidated their retirement accounts to pay down their debts. For those people that end up in my office that have liquidated their retirement and still need to file bankruptcy, it is difficult to pass along that they could […]
I’ve filed hundreds of bankruptcies and I encounter a common issue in my practice; especially, this time of the year. Debtors (what they call people who owe money) oftentimes will pay relatives back before other debts such as medical bills and credit cards. This makes sense because you want to square up with the people […]
Filing for a bankruptcy is a difficult decision to come to but if you are considering filing then there are some things to consider. When money is tight, it isn’t uncommon that decisions have to be made on who to pay with the limited resources you have. Oftentimes, people try to pay back mom or […]
Potential clients come into my office to determine if bankruptcy is the right step for them. A common question that I’m asked is whether or not they will lose all of their belongings. It is a common misconception that you’ll be left without anything in a bankruptcy. Every state gets to decide what “exemptions” (a […]