Burr Law Office Blog

Bankruptcy and Credit Card Debt

Bankruptcy has become an increasingly popular option for debtors in the past decade, with experts crediting this rise to the increasing instability of the economy and low-income families. While bankruptcy has traditionally been pursued by those who have lost their job and fallen into overwhelming debt, recent statistics show that it is now an option […]

Bankruptcy & Car Repossession

For many people, their car is essential to their daily life. It gets them to work, school, and other essential places. However, if you’re struggling with debt and facing bankruptcy, you may be worried about losing your car through repossession. Fortunately, bankruptcy may help you keep your car and even reduce debt. What is Bankruptcy? […]

How much debt is needed to file bankruptcy?

If you are wondering how much debt you need to get the ball rolling with bankruptcy, it might come as a surprise. You see, if your debt is less than $10,000 U.S., then you have what is called “non-dischargeable debt.” This means that even if you are successful in discharging most of your debts through […]

Discharge in Bankruptcy – Bankruptcy Basics

A discharge in bankruptcy is the release of one or more debts by the bankruptcy court. A discharge means that all debts, including any discharged debt obligations, are legally forgiven. There are two types of discharges: general and special. General discharges are any debts belonging to one or more people who can be held liable […]

DOES BANKRUPTCY COVER MEDICAL DEBT?

Don’t look now but the cost of medical care in the United States continues to rise and there is no clear relief in sight – certainly not in 2023 – as companies, organizations and individuals navigate through an unstable economy. That’s according to the current Mercer’s National Survey of Employer-Sponsored Health Plans. The survey reported […]

CAN YOU FILE FOR BANKRUPTCY WITHOUT AN ATTORNEY?

CAN YOU FILE FOR BANKRUPTCY WITHOUT AN ATTORNEY? “He who represents himself has a fool for a client.” Abraham Lincoln has often been credited with imparting this sage legal advice over the years but researchers have also credited others before Lincoln including William De Britaine in 1682 and Roger L’ Estrange in 1692. The quote […]