Monthly Archives: November 2016

Do people still read your bankruptcy blog (because you’re not even updating it daily)?

Apparently yes.

The blog just hit 50,000 views according to one stat counter (some others give wildly higher numbers, but this is the only widget that I could figure out how to install).  This bankruptcy blog has 488 separate blog posts on various bankruptcy topics, and although I haven’t covered them all, I hope that I’ve at least hit the basics.

50000

I have a friend who is a good bankruptcy attorney and a world-class cake decorator.  Two years ago she showed me how her cake blog had over 20,000 views, and I became a little envious, even jealous.  The day after she showed me, I installed my little stat counter and checked it feverishly.  Now that it has hit over 50k, I feel that I can brag a little.

Another friend (also a bankruptcy attorney), pointed out that I am lying on my blog:  it is no longer updated daily.  He’s right, and I’ve had to change the language at the top to reflect that.  I do still post updates, and if you have a bankruptcy question, please send it to me so that i can answer it and have some more entries.

What do I do if I don’t have enough money to pay an attorney for bankruptcy?

I hate this question, because there’s no good answer.  Going bankrupt means that your assets are completely overwhelmed by your liabilities (you have no money!).

First, what not to do:  Don’t take out a payday loan or a cash advance to pay your your bankruptcy.  That is simply wrong and opens you up to possible litigation in the bankruptcy court.

Now what you can do:

  1.  Bank of Mom and Dad:  I know, by the time you’re considering bankruptcy, you’ve tapped that well so many times that it’s hard to ask for anymore help.  However, this time, asking them to pay for it will actually stop the creditors instead of just delaying them for a bit.
  2. Tax Refund Time:  Bankruptcies peak in March – June not because of the new hope and energy of Spring, but because this is the only time of year my clients have extra money to pay for a bk (because of the tax refund).
  3. Sell off an extra asset:  You have probably sold off anything of value trying to satisfy creditors, but this may finally be the time to sell that project Mustang to pay for a bk.
  4. Trade/Barter:  Bankruptcy attorneys are sometimes a little flexible.  I have taken a car, no-money-for-bkcomputers, even guns in trade for bankruptcy.  It’s not common, but it happens.

I am sure that I have offered nothing that you  haven’t already considered yourself, but I can assure you that using an attorney for your bankruptcy is worth it.