The TOP 5 Pros and Cons of Filing for Bankruptcy

To file or not to file, that is the question… The decision of whether or not to file for Bankruptcy depends heavily on your personal situation. For some, filing for Bankruptcy can be just the helping hand they need to get out of the hole and get their financial life on track. For others, Bankruptcy […]

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Contemplating Bankruptcy?

Bankruptcy is a viable solution for many individuals and businesses, but there is items you should know before filing or you may lose your personal or real property. When a bankruptcy is filed, a debtor is entitled to claim certain bankruptcy exemptions. Exemptions are values in personal and real property a debtor in eligible to […]

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5 Things to Always Avoid When Getting Ready To File

There’s a lot to pay attention to if you’re getting ready to file for Bankruptcy. Ultimately, you want to make sure that you’re doing everything by the book so as to avoid any and all risks you may be taking. Filing for Bankruptcy is designed to give you a fresh start, so the last thing […]

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When Chapter 13 Bankruptcy Is Better Than Chapter 7 Bankruptcy

For some debtors, Chapter 13 bankruptcy is a better option than Chapter 7 bankruptcy. And sometimes Chapter 13 is the only option because a debtor is not eligible for Chapter 7 bankruptcy. It’s important to sort out the issues and decide which form of bankruptcy is best for you. Many debtors assume that Chapter 7 […]

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When Chapter 7 Bankruptcy Is Better Than Chapter 13 Bankruptcy

There are several reasons why Chapter 7 bankruptcy might be better for you than Chapter 13 bankruptcy. Chapter 7 is usually quicker than Chapter 13, most debtors can keep all or most of their property, and Chapter 7 filers don’t have to pay back a portion of their debts, like in Chapter 13. But you […]

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5 Steps to Take After Declaring Bankruptcy

About 1 million Americans filed for bankruptcy in 2013. If you were one of them, you've likely heard that bankruptcy will stay on your credit reports for 10 years. You might be assuming your life is over — at least financially — for the next decade, but you'd be wrong. Bankruptcy does do major damage to your credit scores, […]

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What Creditors Can Be Discharged in a Bankruptcy

Most if not all creditors are subject to the bankruptcy discharge, even taxes. The non-exclusive list: credit cards, certain taxes, medical debts, personal injury debts, some tort claims, delinquent utilities, some home owners dues, mortgages, personal lines of credit, business debts, some student loans etc. Even if a debt is not dischargeable, a personal can […]

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Recovering From Bankruptcy

Great article from US News & World Report with helpful tips for getting back on your feet after bankruptcy.  If you’re in need of help with filing for bankruptcy, contact our team at Integrity Law Group, PLLC for a free consultation. A Roadmap Out of Bankruptcy To get back on your feet, start by taking small steps […]

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Should I File for Bankruptcy?

How to Determine Whether a Person Should File for Bankruptcy The general rule of thumb is anyone can qualify for a bankruptcy, but is it in a person’s best interest to file? The answer is not simple. There are three major types of bankruptcies that people may use to discharge debts or work as a […]

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WASHINGTON FORECLOSURE FAIRNESS ACT

Washington State Department of Financial Institutions in conjunction with Washington State Housing Finance Commission and Washington Department of Commerce has developed a website to provide Washington homeowners with information regarding their ownership rights and their rights under foreclosure.  http://www.homeownership.wa.gov/ Effective July 22, 2011, Washington State has made mediation mandatory for lenders before they can foreclose on your […]

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