Bankruptcy

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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Ways to Rebuild Credit After 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. While nobody ever wishes to find themselves in the position of filing...
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Filing for Small Business Bankruptcy – What You Need to Know

Individuals and large businesses in the U.S. have long been able to file for bankruptcy with relative ease. Unfortunately, small businesses have often received less support in U.S. bankruptcy courts. This changed in early 2020 with the Small Business Reorganization...
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10 Questions to Ask Your Bankruptcy Attorney about Filing Chapter 7

Filing for bankruptcy can be a difficult decision, but it may be the best option for getting out of debt. Before you take any steps, it's important to talk to a bankruptcy attorney and ask some important questions. What is...
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How Do I Know if Bankruptcy is the Right Choice for Me?

If you're struggling with debt, you may be considering bankruptcy as a way to resolve your financial problems. Bankruptcy is a serious decision that should not be taken lightly, and there are several factors you should consider before making a...
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5 Things to Consider Before Filing for Bankruptcy

Filing for bankruptcy is a major decision that should be considered carefully with expert advice. Here are five tips to consider before you file for bankruptcy. 1. Talk to a qualified insolvency trustee, lawyer, or accountant. 2. Understand the consequences...
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What Is the Role of a Bankruptcy Trustee?

A bankruptcy trustee is a very important person in the process of filing for and administering bankruptcy. Many people may be unclear on the exact nature of the trustee’s role. Who is the trustee? What do they do, and who...
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What to Look For in a Good Chapter 13 Bankruptcy Attorney

There is nothing more stressful than possessing a large amount of debt that is impossible to pay with your current income and payment plan. To make matters worse, as you continue to miss payments the debt only grows, and it...
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