Earnshaw & Cownie Law Firm PC.

Category: Bankruptcy

Types of Bankruptcy
March 23, 2017

Many individuals and businesses become overwhelmed by debt. In these instances, bankruptcy may be the best option. Chances are you will benefit most from one of two types of bankruptcy procedures: Chapter 7 or Chapter 13. Filing Chapter 7 Chapter 7 is the best option for small-business owners and individuals who have little or no disposable income. It doesn’t require any payment plans to creditors and essentially wipes out all debt with the exception of child support, spousal support, student loans and income taxes. You can even keep your house and car as long as the payments are current. In… Read More →

How an Attorney can Help You With Bankruptcy
September 27, 2016

Going through a bankruptcy on your own can be a challenge. Most people find it beneficial to consult with a bankruptcy attorney in order to get some guidance during this difficult time. Experience Different types of bankruptcy are out there. There are also numerous deadlines you need to meet regardless of the type you file for. It can be a lot to keep track of, but if you hire an attorney, then you have someone keeping you on track so that you will come out of the other side of this all right. Assistance in Court You may end up… Read More →