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Proposing a Creditor’s Plan

what’s a Debt Management Plan? A Debt Management Plan is an approach to debt repayment where we work with you to join all your unsecured debts into one monthly payment, with the goal of receiving better repayment terms from many creditors. After about 3 successive DMP payments, most lenders will accept that our proposals and, […]

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Debtor-in-possession for Big Companies

Supervisors and many small business people are not aware of the expression in DIP (Debtor-in-possession) Financing . DIP financing revolves around companies who are in distress and most of the time in a bankruptcy proceeding. Why would anyone want to finance a business that is bankrupt? The reason is that companies, particularly those that have […]

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What Bankruptcy Can Do For You

Bankruptcy makes it possible for people struggling with debt to wipe out certain obligations and make a fresh start. The two bankruptcy types registered, Chapter 7 and Chapter 13 bankruptcy, each provide different benefits, and also, in several cases, deal with property and debt. You’ll pick the chapter that is right for you based on […]

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What you need to know about estate planning

Most estate planning mistakes have a tendency to be fall into one of several types. Each successful plan has a unique attribute, but the same difficulties. Many mistakes don’t change with the value of a domain along with other factors. Each one of the common mistakes are avoidable. All that’s required is knowledge of what […]

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Welcome to Budsberg Law Group

Budsberg Law Group is widely recognized as a leader in business and personal bankruptcy in the Northwest. We can assist you evaluate your situation and determine the best course of action. Whether debt workout, Chapter 11 Bankruptcy or any other type of personal or business bankruptcy, Budsberg Law Group has the experience, integrity and knowledge […]

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