Category Archives: Hoglund Law

Americans Significantly Reduce Their Credit Card Debt Amid Pandemic

Credit Card Debt

How Americans are Safeguarding Their Finances During an Economic Downturn In the middle of a year characterized by uncertainty, Americans are finding stability through reducing their credit card debt. Economists expected the rising unemployment rates and recession to be met with increased debt. However, reduced spending and government supplementation flipped the expected outcome. The Numbers […]

What Can I Keep When I File Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy

What property can I keep when I file for a Chapter 13 Bankruptcy? How are my house, car, cell phone, and money handled in Chapter 13? Chapter 13 bankruptcy allows you to protect most of your assets, including your home and car. This bankruptcy filing lets you pursue financial relief while protecting your way of […]

How is the Restaurant Industry Reopening and Moving Forward?

How is the Restaurant Industry Reopening and Moving Forward?

Pandemic-related closures may have forever changed the restaurant industry. Many bars and restaurants are beginning to open their doors once again. The mandated closures of the last few months are now slowly being lifted, as long as safety guidelines are met. Though in most states restaurants can re-open, some restaurants are financially unable to.

Filing Bankruptcy – Should I Open a New Bank Account?

Filing Bankruptcy - Should I Open a New Bank Account?

Should I Open a New Bank Account Prior to Filing Bankruptcy? Prior to filing bankruptcy, a common concern is whether you can keep your bank account open during the process. The answer in most cases is yes. However, if you owe your current bank money, it is generally a good idea to switch to another […]

How Can I Have My Social Worker Help When Applying For Disability Benefits?

How Can I Have My Social Worker Help When Applying For Disability Benefits?

What can a Social Worker do to help with Social Security Disability? A social worker, or a case worker, is someone that helps disadvantaged people with their problems and help them connect to services in their community to help improve their life. Social workers can also provide counseling to individuals, couples, and families. For example, […]

2020 Brings Bankruptcy Filing for Popular Retailers

Retail Bankruptcy

Retailers face financial uncertainty as many file for bankruptcy. State economies are beginning to re-open, including the return of in-store shopping. The re-opening of stores is a hopeful landmark, but it isn’t an immediate fix to decreased revenue. Some retailers who were on a financial downturn before the pandemic have found themselves facing bankruptcy decisions […]

States Feel Financial Strain too, but can they Claim Bankruptcy?

States Feel Financial Strain too, but can they Claim Bankruptcy?

State governments are feeling the pressures of economic struggles too. Financial stress has closely followed the spread of coronavirus. Closed businesses and rising unemployment numbers are evidence of the strain caused by COVID-19. States are also experiencing similar burdens, with budgets being stretched and expected income at a halt. Unlike businesses and individuals though, states […]

What Mortgage and Rent Relief is Available During COVID-19?

What Mortgage and Rent Relief is Available During COVID-19?

What protections to my home are available during this financial hardship? Many Americans are still under a Stay At Home order, with some worried about financially protecting the home they are in. Fortunately, you may be able to find relief options through the CARES Act, your loan servicer, or a state program. CARES Act Protections […]

Social Security Claims during the COVID-19 Pandemic

Social Security Administration

What to expect with Social Security Claims and the COVID-19 Pandemic Economic Impact Payments Extended to SSI Recipients On March 30, 2020, Social Security Commissioner Andrew Saul issued a press release announcing that those receiving Supplemental Security Income (SSI) will receive $1,200 Economic Impact Payments for themselves and $500 for each child under 17. Those […]