“I don’t know if I should file for bankruptcy” is one of the most common statements clients make during our first consultation. No one answer all situations, everyone’s case is different. Whether to seek debt relief, what kind of bankruptcy chapter to file, what nonbankruptcy options are available, when to file, the risks of filing […]
If you have been laid off, furloughed or lost your job due to the major business disruptions the coronavirus is causing, here are some general suggestions to assist you managing your finances during these uncertain times. The PPP program offered by the SBA has stopped funding although new funding is under consideration. Check out the […]
Applications for forgiveness of Paycheck Protection Program are being accepted. If you received a PPP loan, consult your lender on when to seek forgiveness and which application is right for you. Loans under $150,000 may be forgiven with minimal paperwork and a short form application. https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program The SBA-funded Paycheck Protection Program has run out of […]
To learn more about bankruptcy and resources for managing credit and finances, here are several helpful links Bankruptcy Basics – www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics US Bankruptcy Court – www.wawb.uscourts.gov Northwest Consumer Law Clinic – www.nwclc.org Consumer Education & Training Program – www.centsprogram.org Free Credit Report – www.annualcreditreport.com
This information is designed to provide a more thorough understanding of the bankruptcy process. Below are some of the most frequently asked questions about your options and answers that may be able to help. Please contact us for additional assistance.