GOLDBACH LAW BLOG
Learn more about bankruptcy law, debt collection, and more. Free tips and checklists to help you better plan and manage your bankruptcy decision.
How to Stop Wage Garnishment
If you happen to owe a creditor money and are not able to make the payments, your lender may take matters into their own hands and attempt to garnish your wages. If a creditor was to garnish your wages this means that around 25% of your regular paycheck will be taken...
Unpaid Wage Claim
Individuals who have completed work hours and have not received compensation for them are entitled to filing an unpaid wage claim. An unpaid wage claim may be completed through a state or private agency. There are a few different types of unpaid wage claims....
Liens and Levies
Both liens and levies offer a way to collect debts. The main difference between a lien and a levy is, a lien gives collection agencies temporary rights to your property and a levy is when a collection agency takes your property with no intention of returning it. Liens...
Credit Counseling
Before your debts can be discharged in either Chapter 7 or Chapter 13 bankruptcy filings, you must complete a credit counseling and debtors education course. The purpose of these courses are to teach you how to manage money and use your credit more cautiously after...
What is Bad Credit and How to Get out of it?
Bad credit comes in many shapes and sizes. Having bad credit, whether in the form of credit cards, car payments or home mortgages all contribute to a bad credit score. Some things to keep in mind regarding bad credit include the following. If you own a small business...
Consumer vs. Non-Consumer Debt
Determining the difference between consumer and non-consumer debt for a bankruptcy means test is not always easy. When you file for bankruptcy you should be aware of why knowing the difference between consumer and non-consumer debt is important. To refresh your...
American Disabilities Act
According to the American Disabilities Act an individual is considered to have a disability if he or she has a “physical or mental impairment that substantially limits one or more major life activities.” Public individuals are required by the American Disabilities Act...
Worker’s Compensation
It is estimated that approximately five percent of workers’ compensation cases actually go to trial. Workers’ compensation disagreements can be resolved through either a settlement or a trial. The term “evidentiary hearing” is an accurate description of a workers’...
Insolvency
Insolvency is the state of being when a person, family or company is behind on bills and is unable to pay their lenders back on time. There are two primary types of insolvency: cash flow and balance sheet. In cash flow insolvency, a debtor lacks the ability to pay...
