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.
Bankruptcy can indeed offer a fresh start for individuals overwhelmed by debt, but the process – and its aftermath – must be approached in specific ways in order to result in maximum benefits. As such, a filer’s approach to bankruptcy requires careful consideration...
You’re overwhelmed with debt and considering filing for bankruptcy. However, you have a child who is approaching college age. You likely plan to rely on government-sponsored student loans to help cover the costs – perhaps in addition to any scholarships and grants...
An individual coping with significant financial hardship has several options available to them. Bankruptcy is one of the fastest and most effective ways of addressing high levels of personal debt. A successful bankruptcy filing leads to a discharge of someone's...
If you are thinking of filing for bankruptcy, you may be concerned about the effect it may have on your job and future employment prospects. Will you get fired? Can it lead to difficulties in finding a new job? While these concerns are valid, the impact of bankruptcy...
Filing for bankruptcy can make you feel like you’ve hit rock bottom, especially when you hear how long a bankruptcy remains on your credit record – but don’t let your emotions take over. Here’s the reality: If you filed bankruptcy because you were overextended on your...
No one wants to lose their home to foreclosure – and lenders would prefer not to take that step either. Fortunately, there are a number of potential options to consider if you’re not able to keep up with your mortgage payments. Refinancing or a loan modification may...
Filing for bankruptcy gives you a chance to obtain relief from overwhelming debt and make a fresh financial start. It's an opportunity to reorganize your finances and work towards a more stable future. However, when you’re applying for Chapter 7 bankruptcy, know that...
Your mortgage lender may attempt to take ownership of your mortgaged property and sell it to recover the amount you owe on the defaulted loan. A foreclosure may end up on your credit report and, in turn, affect your credit score. That's why it's vital to fight it....
People fall behind financially for a variety of different reasons. Unexpected medical issues could lead to a combination of major expenses and a sudden drop in income. The loss of a job, possibly because a business closes its doors, could create temporary financial...
Unlike Chapter 7 bankruptcy, in which much of a person’s debt can often be discharged, Chapter 13 requires a debt reorganization plan where a repayment schedule is worked out with the court. That doesn’t always mean, however, that creditors get everything that’s owed...
