Bankruptcy

How to Know if Bankruptcy is the Right Choice for You

No one ever intends to find themselves in a situation where they have to consider bankruptcy as an option, but sometimes life throws you a curve ball and before you know it, you're in over your head. If this is...
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What Happens After You File for Bankruptcy?

Millions of people file for bankruptcy every year in the United States. While many have a general idea of what happens after they file, few know the specifics of the process. This article will explore the different steps involved in...
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How to Rebuild Your Life After Bankruptcy

No one ever plans to file for bankruptcy. It's always a last resort, a sign that you've hit rock bottom and there's nowhere else to turn. But even if you've made the difficult decision to declare bankruptcy, that doesn't mean...
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What Is the Chapter 13 Disposable Income Test and Why is it Necessary?

Chapter 13 bankruptcy provides many individuals with their best possible option for debt relief. Unlike Chapter 7 bankruptcy, Chapter 13 enables debtors to eliminate debt without losing any personal assets. Rather than liquidation, Chapter 13 provides a restructured payment plan...
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What is Bankruptcy and How Does it Work?

  Bankruptcy is a legal process that allows people or businesses to have some or all of their debts forgiven. This can be a good solution for people who are overwhelmed by debt and cannot afford to pay it back....
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Top 5 Things to Know Before Filing for Bankruptcy

  If you are considering filing for bankruptcy, there are a few things you should know before making the decision.   Bankruptcy can be a difficult and emotional process, but it can also provide relief from debt and a fresh start.  ...
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What Should I Know Before Talking to a Bankruptcy Attorney?

Before you talk to a bankruptcy attorney, it is important that you know what your options are. Filing for bankruptcy can be an extremely confusing process, and it will benefit both the client and the lawyer if there is no...
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Can Filing Bankruptcy Stop a Foreclosure?

It’s no secret that the process of foreclosure can be an extremely difficult and frightening experience. Not only does it take a toll on your credit rating, but in some cases, it also forces you to give up your home...
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What Can You Keep When You File for Bankruptcy?

If you're asked to file for bankruptcy, you may have images of repo men coming into your home and taking your possessions, selling them to the bank, and leaving you empty-handed. This is a misconception of what happens when you...
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What Is a 341 Meeting in Bankruptcy?

Filing for bankruptcy offers many benefits to an individual with insurmountable personal debt. Bankruptcy offers a restart on your financial situation and removes the pressure of many debts. It can be a daunting process for many individuals. Bankruptcy law is...
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