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January 2018 Archives

Alternatives to Chapter 7

Chapter 7 bankruptcy is the type of bankruptcy that most debtors qualify for most easily, but it is not always the only option that a debtor has. Depending on several factors such as the nature of the debt and the income of the debtor, he or she may qualify for Chapter 11 or Chapter 13 bankruptcies, for instance.

What is a third-party special needs trust?

When it comes to planning your wealth and taking care of all family members, it is essential that you look into all options fully. If you have a child that has a severe illness or disability for example, you may want to set up a trust that can help to support them with everything that they need. In desiring this, you may want to set up a special needs trust.