Conserving Assets In Ch. 7

How Do I Protect My Assets and Tax Refund? How Does Early Planning Maximize My “Fresh Start”?Unplanned events can lead a family or business to the brink of financial disaster. The event might be a loss of employment, major medical expenses, a divorce or a business collapsing under the weight of an oilfield bust. When an unplanned event rudely camps in…

Reaffirmation Agreements in Bankruptcy

Reaffirming Debt in Bankruptcy

What is the Best Decision When Considering Reaffirming a Mortgage in Bankruptcy?A bankruptcy debtor in Wyoming should use caution before signing an agreement to reaffirm a mortgage note. Reaffirmation agreements in bankruptcy prevent the note from being discharged. As a result, if the debtor at a later time, defaults and the home is foreclosed, the…