Firm partner Michael P. Richman was featured on WalletHub’s “Ask the Experts”, answering frequently asked questions about bankruptcy and credit cards. The Q&A includes: What happens to a credit card that you get soon before filing bankruptcy? Can you get a credit card during bankruptcy? How do your credit card options change after bankruptcy proceedings… Continue reading Michael P. Richman Featured on “Ask the Experts”
The Difference Between Loan Restructuring and Loan Refinancing
Loan restructuring and refinancing are two completely different things. Restructuring refers to altering a pre-existing contract. Refinancing refers to when a borrower takes out a new loan that pays off and replaces the pre-existing loan. Follow this link to learn more.