On behalf of Babut Law Offices, PLLC | Aug 31, 2019 | Bankruptcy
Do you feel like you have lost control of your debt? If you struggle to make monthly payments and have limited income left over after paying bills, you may still hesitant to file bankruptcy because of concern over your credit score. Although a bankruptcy will...
On behalf of Babut Law Offices, PLLC | Aug 19, 2019 | Bankruptcy
No one need tell you that Michigan has seen some hard economic times in recent years. This is particularly true if you are a senior citizen relying on Social Security as your main or only source of income. The New York Times reports that nationwide, gray bankruptcy,...
On behalf of Babut Law Offices, PLLC | Jun 20, 2019 | Bankruptcy, Firm News
If your financial situation continues to worsen, and you’re unsure of what to do next, take a step back and learn more about Chapter 7 bankruptcy. While it’s not the right answer to everyone’s financial problems, it may be just what you need to...
On behalf of Babut Law Offices, PLLC | Jun 4, 2019 | Bankruptcy, Firm News
There are many benefits to filing for bankruptcy, such as the ability to eliminate (Chapter 7) or reorganize (Chapter 13) your debt. However, you don’t want to proceed until you compare both the pros and cons, as this will allow you to best plan for the future....
On behalf of Babut Law Offices, PLLC | Apr 26, 2019 | Bankruptcy, Firm News
If your financial situation takes a turn for the worse, it’s critical to list out all the strategies you can employ to get back on track. It’s not always easy to dig your way out of a financial hole, but there’s never a good time to give up....
On behalf of Babut Law Offices, PLLC | Apr 10, 2019 | Bankruptcy, Firm News
There are many benefits of filing for bankruptcy, as well as a couple of well-noted drawbacks. Among them is the fact that a bankruptcy filing will remain on your credit report for a minimum of seven years. A Chapter 7 bankruptcy remains on your credit report for 10...
On behalf of Babut Law Offices, PLLC | Feb 26, 2019 | Bankruptcy, Firm News
As your financial troubles mount, you may need to focus on the many strategies that can help you regain your footing. While there may be more than one answer to your fiscal woes, many people realize that bankruptcy is the best way to make progress in an untenable...
On behalf of Babut Law Offices, PLLC | Feb 14, 2019 | Bankruptcy, Firm News
Filing for bankruptcy isn’t something you should do on a whim. Instead, it takes a lot of planning to ensure that you’re making the right decision. There are several steps you can take before filing for bankruptcy that will help you better understand your...
On behalf of Babut Law Offices, PLLC | Jan 31, 2019 | Bankruptcy, Firm News
Many people facing financial difficulties set their sights on Chapter 7 bankruptcy. They understand that this allows them to discharge some or all of their debt, thus giving them a fresh start in the immediate future. If you find that you don’t qualify for...
On behalf of Babut Law Offices, PLLC | Dec 20, 2018 | Bankruptcy, Firm News
There may come a point when you realize that you have entirely too much credit card debt. If this happens, it’s critical to take immediate action to ensure a better financial future. There’s nothing simple about paying down credit card debt, but there are...
