Every New Year, many people resolve to exercise more, lose weight and quit smoking, but what about restructuring your finances, getting more organized financially and taking control of your lingering debt once and for all? The holidays tend to stretch everyone’s budget. Now that they are over, do you find yourself in extreme financial disarray…
Franks Gerkin Ponitz Greeley Discuss Bankruptcy
One sign of our improving economy is shrinking unemployment, but getting back into the workforce may not stave off collection or foreclosure if a homeowner has accumulated too much debt while unemployed. Bankruptcy is one solution. “I think a lot of people don’t know that bankruptcy can help stop foreclosures and allow you to repay…
Commercial Debt Recovery When Another Creditor Has a Blanket Security Interest
Many challenges come with collecting a commercial debt. If the Creditor has a signed personal guaranty by one or more of the owners of the debtor company, the odds of recovery are much better. In those instances where there is no personal guaranty and no voluntary payment, obtaining a court judgment may be the only…