5 Bankruptcy Myths and Facts

Bankruptcy comes with a negative stigma. While it is an unfortunate situation for any individual or business, its negativity is most often due to myths surrounding bankruptcy, making consumers less likely to file for bankruptcy – even when they clearly should. read more

Declaring Bankruptcy

During a personal economic crisis it is hard to decide the right steps to take in declaring bankruptcy. In 2005 the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) changed how the bankruptcy process works. Our skilled bankruptcy attorneys at Hardesty, Tyde, Green & Ashton specialize in handling Chapter 7 bankruptcy cases. Chapter 7 bankruptcy is a liquidation process in which an appointed trustee takes control of your assets and then sells them, procuring money to then pay to your creditors. read more