Sued by Creditors?

Posted on February 8, 2017 - 1:46 pm by Matt Bunch

Collection lawsuits can be costly and time-consuming, so many creditors look for alternative debt repayment. They will repossess the collateral, stop providing the service, or accept reduced payments. While not all creditors turn to the courts to collect on an overdue debt, they do retain that right and may choose to pursue legal action if […]

Help! I’m in Bankruptcy and Just Inherited Property. What Happens Next?

Posted on February 3, 2017 - 6:49 pm by Matt Bunch

They say timing is everything, and that is certainly true when it comes to bankruptcy. What you own and what you owe must be listed in the schedules that you file with the bankruptcy court. But what about income or assets that come your way while your case is pending? Whether anticipated or not, the […]

How to Confront Unpaid Loans with a Bankruptcy

Why You Shouldn’t File Bankruptcy on Your Own

Posted on November 21, 2016 - 9:34 pm by Matt Bunch

Bankruptcy makes a long-term financial and legal impact on your life. Not to mention the emotional toll it takes, having to decide whether it’s even the wisest course of action, having to go through the process, then having to essentially start your financial life over again. Filing for personal bankruptcy under Chapter 7 or Chapter […]

Discharging Tax Debt in Bankruptcy

Posted on October 28, 2016 - 2:33 pm by Matt Bunch

If you have outstanding tax debt and are facing serious financial problems, you may be considering the option to file for bankruptcy. However, if you’re hoping to have some or all of your tax debt discharged, it’s important to understand that contacting Bunch & Brock is probably your best bet because we analyze whether your […]

Do I Have to File Bankruptcy with My Spouse?

Posted on September 23, 2016 - 3:38 pm by Matt Bunch

We get this question a lot. After all, one of the cornerstones of marriage is sharing. While the short answer is no, you do not have to file bankruptcy with your spouse, the more convoluted legal answer is heavily dependent on your personal circumstances, because there are situations where both spouses filing for bankruptcy is […]

The Importance of Registering Your Business

Posted on August 2, 2016 - 12:58 pm by Matt Bunch

When it comes to business, there is a lot of value in branding. A memorable logo, solid advertising, and thorough customization can go a long way toward gaining a competitive edge in today’s seemingly endless sea of consumer choice. However, there may be no more important piece in the branding puzzle than a well-chosen name. […]

When the Only Two Things that are Certain in Life Finally Come Together: A Decedent’s Final Tax Return

Posted on March 31, 2016 - 2:42 pm by Matt Bunch

The first time a wage earner makes enough money to trigger the income tax filing requirement usually results in a fairly simple return. In contrast, a taxpayer’s final return filed after his or her death is quite complicated. When a taxpayer dies, a legal entity called an estate is automatically created to make sure that […]

Start-Up Funding Tips

Posted on November 9, 2015 - 1:29 pm by Matt Bunch

It takes a lot of inner strength and smarts to start a business. It also takes money, most often by taking out a loan or raising investor capital. While your enthusiasm is building for that great idea of yours and you’re bursting to share it, there are a few things that should be in place […]

Even Municipalities Have Money Troubles

Posted on October 27, 2015 - 11:00 am by Matt Bunch

At first glance, the most populous city in Michigan and a tiny home rule-class city in Northern Kentucky wouldn’t seem to have much in common. Dig a little deeper and you’ll find that financial emergencies resulted in both municipalities’ seeking the protection of Chapter 9 bankruptcy. In December of 2013, Detroit, Michigan, was declared bankrupt […]

Pros and Cons of Prepaid Funerals

Posted on October 23, 2015 - 2:01 pm by Matt Bunch

Remember when it was time to buy a new car and you spent time poring over models, colors, dealers, options, prices, incentives and safety ratings? Investing in a new vehicle is a big deal, and any large purchase, whether for a product or a service, should involve comparison shopping. Although not a fun purchase like […]

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