The Office of Russell Gary Small, P.C. COVID -19 UPDATE: In these uncertain times all of us at The Office of Russell Gary Small, P.C. wants to reassure you that we are open and continue to work for you. We can meet with you via telephone or video conference, and communicate electronically. We are here for you, and encourage you to reach out to us with any questions or concerns. Stay safe and healthy.
Many people make a New Year’s resolution to create and stick to a budget. However, increasingly, more Americans are looking at overwhelming debt that can’t be overcome simply by cutting back on non-essentials or getting an additional job. If your debt, regardless of...
Technically, bankruptcy affects people across all age demographics. But some studies have found that bankruptcy rates for those who are 55 years old and older have gone up dramatically in recent decades. The highest increase was for those who are 65 years old and...
If you declare bankruptcy, you can clear some of the debts that you have and create a much different financial future. Chapter 7 bankruptcy does this by liquidating non-exempt assets, while Chapter 13 does it by creating a monthly repayment plan. But if you have...
When financial hardship forces you to consider bankruptcy, it is only natural to worry about providing for your family. The question of whether you will lose access to essential financial tools, such as a credit card for emergencies, is common. Rest assured, the law...
When you’re doing your best to make ends meet, a medical emergency can turn your life upside down. Even with health insurance, an unexpected injury or illness can leave patients facing thousands or even tens of thousands of dollars in medical bills. If you are facing...
Do you feel like everything has gotten more expensive in the last year or so? You are certainly not alone. Costs have been rising, and it is creating a financial crisis for many people. This is especially true for those whose wages have stayed stagnant and have not...
When most people think about bankruptcy, they are likely thinking about Chapter 7 bankruptcy. This is known as liquidation bankruptcy because it requires a person to liquidate any non-exempt assets. There are key exemptions, such as for the tools of the trade or the...
For most people, buying a home is a multi-decade endeavor. They must finance the property with a mortgage and then spend 30 years making monthly payments. If people miss mortgage payments, they could be at risk of losing their homes. Missing as few as four...
When you file for bankruptcy, you may face close reviews of past financial choices. Courts and trustees often check your transactions to see if you moved assets in ways that affect creditors. As a result, look-back rules can shape the review, and these timelines may...
The automatic stay represents one of the most powerful protections available to debtors in financial distress. When you file a bankruptcy petition, this federal law immediately stops most collection activities against you and your property. The automatic stay goes...
