Burr Law Office Blog

Understanding Your Credit Report

Finances are complicated, and they are further complicated by your credit report. Your credit score fluctuates constantly, and knowing how various things will affect your credit report is important to your overall financial planning. Here, we’ll explore the various factors that cause your credit score to go up or down, and how long those factors […]

A Risk/Benefit Analysis of Chapter 13

Chapter 13 bankruptcy acts much more like a reorganization than a Chapter 7 bankruptcy. It’s often called the “Wage-Earner’s Bankruptcy,” because it is designed for someone who has a regular income, but has become mired in unmanageable debt. Unlike Chapter 7 bankruptcy (also called “Liquidation Bankruptcy”), it doesn’t have an income limit and you won’t […]

Bankruptcy After Lockdown?

The last year has been challenging for all of us in many ways. Americans have lost jobs at a rate not seen since the Great Depression. Industries–especially those in retail, tourism, and hospitality–have experienced crushing lockdowns. The government has passed a number of COVID-19 bills to mitigate the worst of these effects, beginning in March […]

Worried About Utility Shutoff?

The moratorium stopping utilities from disconnecting power went into effect on March 24, 2020, but it is ending April 15, 2021. If you have utility bills that you have been unable to pay and cannot see how you will be able to pay them, then you are once again facing the possibility of a utility […]

Overwhelmed with Debt?

The COVID-19 pandemic has had dire economic consequences for many people, and there have been protections put in place to help people survive this difficult time. Those aren’t going to last forever, though, and you may be looking at your financial situation and wondering just how you’re going to manage. If you feel overwhelmed with […]

Most Common Types of Bankruptcy

This past year’s double catastrophe (the pandemic and its subsequent economic impacts) have brought many people to the brink of financial disaster. Whether it is unanticipated medical expenses, loss of income, or a combination of other factors, you may be emerging from the COVID-19 disaster to discover just how dire your money situation is. If […]