Category: Bankruptcy

How Does Filing for Bankruptcy Affect Your Credit Score?

November 16, 2024,
By Lyons and Assoc

If you have fallen behind on your mortgage payments and other debts, filing for bankruptcy may help you keep your head above water and provide some relief from your mounting …

What Are Signs That You Should File for Bankruptcy?

October 25, 2024,
By Lyons and Assoc

Debt can quickly spiral out of control, leaving you overwhelmed and unsure of what to do next. While filing for bankruptcy may seem like a drastic step, it can provide much-needed …

What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

August 21, 2024,
By Lyons and Assoc

Bankruptcy provides individuals a legal pathway to address financial difficulties and regain control over their finances. Among the various types of bankruptcy, Chapter 7 and Chapter 13 are the most …

What Is Chapter 7 Bankruptcy?

August 7, 2024,
By Lyons and Assoc

Chapter 7 bankruptcy, also known as liquidation bankruptcy, offers individuals and businesses the chance to discharge most unsecured debts. This process involves selling non-exempt assets to pay creditors, which provides …

Navigating Financial Turmoil: The Essential Role of a Bankruptcy Lawyer

May 30, 2024,
By Lyons and Assoc

In the complex and often daunting world of financial distress, understanding the role of a bankruptcy lawyer can be a beacon of hope for those facing the turbulence of insolvency. …

Is Bankruptcy the Right Option for Mounting Credit Card Debt?

April 15, 2024,
By Lyons and Assoc

Credit card debt is common in American households. According to LendingTree, in 2023, Americans had an astonishing $1.129 trillion in credit card debt. Credit card holders in New Jersey had …

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