Richard J. Shurtz, Attorney at Law
Menu/Navigate

Domestic Violence
Protection Orders

Telephone: 425-329-3601
Toll-Free: 888-705-3360

September 2017 Archives

Are African American consumers given poor bankruptcy advice?

Faced with serious financial problems, many Washington residents will look for relief. That relief may come in the form of a bankruptcy filing. As part of that process, consumers sit down with a bankruptcy attorney and go over the process to determine if bankruptcy is the best option for their needs, and which type of bankruptcy is most advantageous. According to a recently published report, not all consumers receive that level of advice.

The right response to mounting credit card debt

At one point or another, virtually every Washington resident will encounter some level of financial strain. When that happens, bills tend to go unpaid, and credit card debt mounts. Knowing how to respond to mounting credit card debt during a financial shortfall can have a big impact on how things will ultimately be resolved.

Chapter 7 bankruptcy and estate planning needs

There are a multitude of reasons that lead Washington residents to seek bankruptcy protection. One of the lesser known motivations involves estate planning. When an individual is expected to receive a substantial inheritance, filing for Chapter 7 bankruptcy may be a wise financial decision. As with so many financial matters, timing is everything when it comes to bankruptcy and estate planning.

Deciding between debt settlement and Chapter 7 bankruptcy

When searching for debt relief options, many Washington residents consider debt settlement. The process of debt settlement involves negotiating directly with creditors to reduce the total amount of an outstanding debt. While debt settlement can result in the forgiveness of a large portion of consumer debt, there are many cases where Chapter 7 bankruptcy offers a better path out of financial turmoil.