19 05, 2025

Chapter 7 Income Eligibility Changes

2025-05-19T19:28:03+00:00

Chapter 7 income eligibility got slightly easier on April 1, 2025 If you are making less than the median income, you have income eligibility to file Chapter 7 bankruptcy. Those eligibility numbers adjusted up, April 1, 2025.  For Virginia, eligibility is automatic for singles under $77,420, and a family of 4 under $145,585. What if I’m over the median income? You can still pass the “means test.” You can still be eligible for Chapter 7 if you are over the median income cutoff.  But you have to pass the means test.  The means test is a way of looking at your [...]

Chapter 7 Income Eligibility Changes2025-05-19T19:28:03+00:00
30 04, 2025

Why is Bankruptcy Better for Your Credit Score

2025-04-30T18:17:24+00:00

Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation” “Now I can’t even rent an apartment.” Sam, not his real name, talked to us last month about filing for bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement outfits. He had been paying the Debt Consolidation Company for eighteen months, and his credit score declined. Why was that? Why Debt Settlement/Debt Consolidation Wrecks Your Credit The big idea behind these companies is that you stop paying your debts:  Making your creditors wait for payment encourages them to give you a better deal, in [...]

Why is Bankruptcy Better for Your Credit Score2025-04-30T18:17:24+00:00
24 12, 2024

2024-12-24T17:11:45+00:00

Merry Christmas from our Family to Yours.

2024-12-24T17:11:45+00:00
10 09, 2024

Confused About Bankruptcy?

2024-09-10T15:42:28+00:00

Confused about bankruptcy? 🤔💼 Watch our latest video as we debunk common myths and show how Kane & Papa Law can guide you to a fresh start. Don't hesitate to reach out for a complimentary consultation today! 👉 www.kaneandpapalaw.com

Confused About Bankruptcy?2024-09-10T15:42:28+00:00
15 04, 2024

Motivation Monday

2024-04-15T14:29:02+00:00

Motivation Monday! Mo·ti·va·tion /ˌmōdəˈvāSH(ə)n/ noun 1. the reason or reasons one has for acting or behaving in a particular way: "Escape can be a strong motivation for travel" motivation, forces acting either on or within a person to initiate behavior. The word is derived from the Latin term motivus (“a moving cause”), which suggests the activating properties of the processes involved in psychological motivation. Psychologists study motivational forces to help explain observed changes in behavior that occur in an individual. Thus, for example, the observation that a person is increasingly likely to open the refrigerator door to look for food as [...]

Motivation Monday2024-04-15T14:29:02+00:00
15 01, 2024

MLK Day

2024-01-15T16:43:10+00:00

Five Facts about MLK you may not know.

MLK Day2024-01-15T16:43:10+00:00
31 12, 2023

New Year’s Eve

2023-12-31T15:57:14+00:00

Happy New Year's Eve May your New Year be filled with blessings.  From our family to yours, Happy New Year!

New Year’s Eve2023-12-31T15:57:14+00:00
31 10, 2023

Happy Halloween

2023-10-30T21:14:00+00:00

Happy Halloween! We love Halloween. Here are some fun facts we thought you would enjoy. 1. Because the movie Halloween (1978) was on such a tight budget, they had to use the cheapest mask they could find for the character Michael Meyers, which turned out to be a William Shatner Star Trek mask. Shatner initially didn’t know the mask was in his likeness, but when he found out years later, he said he was honored. 2. The first Jack O’Lanterns were actually made from turnips] 3. Halloween is the second highest grossing commercial holiday after Christmas. 4. The word “witch” comes [...]

Happy Halloween2023-10-30T21:14:00+00:00
4 09, 2023

Happy Labor Day

2023-09-04T14:41:00+00:00

Happy Labor Day! Observed the first Monday in September, Labor Day is an annual celebration of the social and economic achievements of American workers. The holiday is rooted in the late nineteenth century when labor activists pushed for a federal holiday to recognize the many contributions workers have made to America’s strength, prosperity, and well-being. Before it was a federal holiday, Labor Day was recognized by labor activists and individual states. After municipal ordinances were passed in 1885 and 1886, a movement developed to secure state legislation. New York was the first state to introduce a bill, but Oregon was the [...]

Happy Labor Day2023-09-04T14:41:00+00:00
Go to Top