On Friday August 23, 2019, President Trump signed the Small Business Reorganization Act of 2019 into law, which includes a new small business chapter 11 bankruptcy. This law will go into effect in February of 2020 and could benefit many…
Seattle Bankruptcy News Archive
Category: Media & Press
News coverage about bankruptcy (Chapter 7, Chapter 13, and Chapter 11) for consumers and business owners.
How Should Consumers Prepare for the Next Recession?
If you want to prepare for the next recession, you will need to take steps now to ensure that you are ready to protect what you already have and build a nest egg for the future. As of the time…
What is Financial Self Defense?
Financial self defense is a term used to describe your overall financial well being and planning for the future and unknown. I had the chance to discuss this topic on 1150 AM KKNW radio with Dr. James Gore the host…
10 Things that Prevent Consumers from Getting Out of Debt
Most consumers who are buried in debt are likely looking for options in getting out of debt. There are options to get out of debt, such as debt settlement, chapter 7 bankruptcy and chapter 13 bankruptcy, but a consumer needs…
10 Things Young Families Should Think About When Drafting a Will and Estate Plan
An estate plan for 99% of people usually consists of a drafting a will, durable power of attorney and a medical power of attorney with an optional health directive. A trust may also be created, however for most common folks…
How Can Bankruptcy Benefit Real Estate Investors and Consumers?
Last week attorney Richard Symmes had the opportunity to be on one of our favorite podcasts for real estate investing, the Seattle Investors Club Podcast. In the episode you will learn about attorney Richard Symmes’ background and experience in bankruptcy…
How Do I Rebuild My Credit After Filing Bankruptcy?
If you are considering filing for bankruptcy or you have recently filed for bankruptcy, you may be wondering, how do I rebuild my credit after filing for bankruptcy? Attorney Richard Symmes discussed how to rebuild credit after filing bankruptcy on…
What are Possible Remedies for An Unlawful Foreclosure?
If your home has been foreclosed upon, you may be looking for possible remedies for what you may consider an unlawful foreclosure. In Washington state most foreclosure sales have to go through the Washington state non judicial foreclosure process. It…
How Do I Transfer Real Estate in a Probate?
Dealing with the assets, real estate and belongings of a love one who has recently passed away is never easy. If the loved one who passed (“The Decedent”) had assets of over $100,000 in Washington State then their estate must…
What Happens After Filing Bankruptcy?
One of the most common questions that I am asked as a Seattle bankruptcy attorney is what happens after filing bankruptcy? This is a loaded question and how things transpire after filing bankruptcy will depend on each case individually however…