When faced with debts you can’t pay, bankruptcy often seems like the only course of action. To be sure, bankruptcy is an excellent option to help you get out from under the crushing weight of debt. But there are other options.One is a mutually negotiated debt...
Month: December 2018
Who has to pay off the debts after a divorce?
Discussing debt is one of the more tense aspects of a divorce. Who pays off which debt? If there are any assets, which ones offset the debt?New Mexico is a community property state. This means each partner keeps what they brought into the marriage whether it’s...
Should you choose Chapter 7 or Chapter 13?
Filing for bankruptcy is an intensely personal decision that requires careful consideration. Once you decide to file, you must next choose whether Chapter 7 or Chapter 13 is best for your unique situation. An experienced bankruptcy attorney can help you decide which...
Creditors’ rights: options for getting paid
Your business works hard. You, as a creditor, deserve to be paid for your efforts. Sometimes, though, your customers simply don't pay their bills on time. You may be wondering what your debt collection options are, both in and out of the courtroom. Non-judicial...
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