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Category: bankruptcy_blog

8 May, 2012
Reaves & Lee

Prepaid Credit Card Considerations

A financial tool that has become more popular in recent years is the use of prepaid credit cards. Claiming to help consumers by avoiding late fees and missed payment penalties, prepaid cards are not as beneficial as many...

8 May, 2012
Reaves & Lee

Chapter 7 Myths

The bankruptcy process is often confusing for many people due to many misconceptions about how the process works and what the potential outcomes can be. When filing for Chapter 7 there are some important aspects of debts and...

7 May, 2012
Reaves & Lee

Bankruptcy Filing Numbers

A look at recent bankruptcy statistics shows some interesting patterns that reveal some additional factors of the state of today’s economy. In general, personal bankruptcy filings are down while business bankruptcy...

7 May, 2012
Reaves & Lee

Chapter 13 And Your Tax Refund

One of the most important aspects behind a Chapter 13 bankruptcy case is your income, which determines how much you will be required to repay as part of your debtor’s plan. Changes to your income level can influence...