What To Expect When Filing Bankruptcy

Like most of life’s big decisions, the thought of filing for bankruptcy can be scary, overwhelming, emotional, confusing or a combination of all of these.  It can also ignite thoughts of hope and determination – for your family’s future, financial peace,and the lifting of an enormous burden. More than anything this unknown step can be just that:  unknown.  New potential …

Essex Richards Launches Bankruptcy Blog

Essex Richards is excited to announce the launch of our Bankruptcy blog. The blog, written by bankruptcy attorney Heather Culp, will cover questions and issues that arise in filing for personal bankruptcy, as well as other debt-related legal matters. Topics will include the differences in chapter 7 and chapter 13 bankruptcies, how to file for bankruptcy, how bankruptcy affects credit, …

Can I leave a Certain Debt Out of the Bankruptcy?

Bankruptcy clients frequently have this question, and the quick and simple answer is NO:   under penalty of perjury, all debts must be listed in a bankruptcy. From consulting with hundreds of clients filing for bankruptcy, we have found that folks ask this question for one of three reasons. “I Owe My Family or Friend Money” First, a client may have …

Will I Have To Go To Court?

Many people are intimidated by the legal system – at least the one portrayed in movies and T.V. legal dramas – speaking in front of a judge, being sworn in, appealing to a jury, facing your creditors.  But in the case of bankruptcy, rest assured, you rarely have to go to court. Instead of going to court, debtors in bankruptcy …

Will My Bankruptcy Hurt My Spouse?

Your marriage has been a model of relational accord since saying “I Do” a few decades ago, with one major exception: finances. Money – one of the most significant weights and causes for discord placed on most marriages. Jobs have been unsteady, hospital bills have come, and debt has racked up – at least for you.  And now the question …

Will I Ever Get Credit Again, After Bankruptcy?

If you’ve ever had to file bankruptcy, one of your overwhelming questions was likely, “will I ever have credit again?” I hear this question from almost every client, and why wouldn’t I?  It’s a big one! The vast majority of our bankruptcy clients receive credit card offers during their bankruptcy and upon receiving their discharge order.  A discharge order is …

What Are My Options For Dealing With Debt?

One of the first questions I typically get in bankruptcy consultations is, “what do I do with the debt?” As with most things, the answer is “it depends.” It depends on the type of debt and your personal situation, but in general, the below are the options for most types of debts. When you decide to file for bankruptcy, we …

Heather Culped Named to Leaders in the Law

Welcome to Essex Richards’ Bankruptcy Blog

Welcome to the first blog post from the bankruptcy group at Essex Richards. I often think about what my clients have been through before they make the decision to give me a call.  They have likely been putting off calling for months, sometimes years, so I know taking that step is trying.  I also know that most of my clients …