No one looks into filing for bankruptcy unless you’re financially cornered and looking toward a place where you’re not at the end of your ropes. If you started to research or look into filing for bankruptcy, good for you. All the negativity and bad stigma associated with filing for bankruptcy is unnecessary. You’re in a…
The short answer is between 4 to 6 months. Seem a bit long? I’m pretty sure it took you longer than that to even decide whether or not you were going to file for a Chapter 7 Bankruptcy. The reason the process is long is because your petition will be full of your financial information….
Guess what? As of July 1, 2020, the Virginia exemption just went up! It used to be $5,000, but now the amount is $25,000. This means, you can keep more and your fresh start can begin with more money than before. What is an exemption? If you file for a Chapter 7 Bankruptcy, most of…
Most people think bankruptcies are just a way out of paying your debt. Most people think if you’ve filed for bankruptcy that you did something wrong. And most people are embarrassed to even consider filing for bankruptcy. Ever wonder why it exists? Ever wonder why bankruptcy protects you? C’mon, you’re supposedly this person who recklessly…
When looking to file for bankruptcy, you might be asking, ‘which bankruptcy should I be filing?’ Remember that this is a big decision to help you get your credit, life, and personal finance goals back on the track you want. At the Yoon Law Firm, we will explore every possible avenue to help get your…
Nine weeks into Virginia’s stay-at-home order has a lot of people feeling stressed and anxious, consuming more alcohol, sleeping less, gaining weight, obsessively watching the news or too much television. A major reason is probably because of your financial situation and what this pandemic is doing to your pockets. You’re not alone and many people…
First, do not be embarrassed or blame yourself for thinking about filing for bankruptcy. If you have too much debt and it has become so unmanageable to make or keep up with payments, then a fresh start might be what you need. If starting new is what you have in mind, then you’re thinking about…
