Burr Law Office Blog

Can You File Bankruptcy Without Your Spouse?

The short answer here is: yes, you can. But should you? Bankruptcy law is complicated and every family’s situation is different, so it’s best to consult with one of the experts at Burr Law if you are thinking about bankruptcy with or without your spouse. Here are some considerations to contemplate. How Long Have You […]

File Bankruptcy Without a Lawyer: 3 Reasons You Shouldn’t

When you feel overwhelmed by debt, it’s wise to consider bankruptcy. However, if those same feelings of drowning in debt prevent you from seeking professional help with your bankruptcy, you are doing yourself and your family a grave disservice. Bankruptcy is complicated; it even has its own judicial system. Bankruptcy involves negotiation with all interested […]

Bankruptcy in Retail Stores: How the Process Works

Retail stores have been struggling since the advent of TV shopping networks and online shopping. Now, with most retail businesses closed down for weeks due to COVID-19, the situation may have become really dire. Many retail businesses may be considering bankruptcy. This post explores the bankruptcy process for retail stores, and complications that may arise […]

How Will the New Stimulus Bill Affect Bankruptcy?

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This follows the Small Business Reorganization Act (SBRA) that took effect in February 2020. Both of these measures have an impact on those contemplating bankruptcy, or already in the bankruptcy process. Across the United States, people have […]

How Can I Manage My Debt During the Coronavirus Crisis?

In order to combat the COVID-19 pandemic, all but three states have ordered all non-essential businesses to close. Most of the country’s people are in lockdown in their homes, and millions have therefore lost their jobs. Since March 15, nearly 10 million people have filed first-time jobless claims. All of this means that for millions […]

Who Pays for Bankruptcies? How Bankruptcies Work

When you’re in desperate financial distress, bankruptcy can be a lifeline. When you declare personal bankruptcy using Chapter 7 under the Bankruptcy Code, you can eliminate all of your unsecured debt (credit card debt, medical debt, etc.). If it’s not possible for you to file under Chapter 7, you can file under Chapter 13. Your […]