Chapter 7 bankruptcy is an extremely helpful legal proceeding for those drowning in debt. It is useful to eliminate credit card debt, medical bills, and unsecured personal loans. There are certain...
September 8, 2017
Bankruptcy
Financial struggles are no surprise for most modern Americans. However, while many smaller financial issues can be remedied by setting a budget or taking out a loan, others like extensive credit card...
August 29, 2017
Bankruptcy
Individuals who are considering filing for bankruptcy may be concerned about the effect that the bankruptcy filing will have on their current job or future job offers. They may be asking: will my...
August 28, 2017
Bankruptcy,
Chapter 13,
Chapter 7
Most people assume that if you file for bankruptcy, you must liquidate virtually everything you own to pay your creditors. While this is true under some circumstances, you actually have more than one...
August 22, 2017
Bankruptcy
Even after an initial bankruptcy filing and discharge, many individuals find themselves in insurmountable debt due to unfortunate life circumstances, for example - substantial medical bills from an...
August 18, 2017
Bankruptcy
Many people believe that you must sell everything you own to go through the bankruptcyprocess. However, this is simply not true.
August 11, 2017
Bankruptcy,
Chapter 11
There are several types of bankruptcy, and each type varies depending on certain characteristics of the debt. For example, individuals can file Chapter 7, 11, and 13. Corporations must file either...
August 10, 2017
Bankruptcy,
Foreclosure
In the aftermath of the 2008 financial crisis, many people have found themselves facing foreclosure wondering what their options are. When a secured lender files for foreclosure, the end game (unless...
August 3, 2017
Bankruptcy,
Chapter 7
The chapter of bankruptcy that an individual files is extremely important. There are several different chapters of bankruptcy and each has a set of rules and laws that govern them. If the incorrect...