Debt can happen to anyone. People from all walks of life can suddenly develop so much debt, or money owed to other parties, that they have no way to pay it back.  Common sources of debt include credit card transactions,...

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...

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...

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...

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...

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...

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...

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...