How Many Times Can You File For Bankruptcy?

March 14, 2012 by  | Leave a Comment Filed under: Bankruptcy 

The Bankruptcy Code does not limit how many times or how often a debtor can file for bankruptcy relief. However the Code does limit how often a debtor can discharge debt in a bankruptcy case. Whether or not this limitation applies to a specific debtor depends on under which chapter the first and (read on...)



What Is Chapter 7, 11, 13 Bankruptcy Law?

January 15, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Bankruptcy is available to debtors who have a large amount of debt that they cannot pay. Bankruptcy is a procedure that gives debtors a fresh start. While bankruptcy law is governed by the Bankruptcy Code, substantive rights are governed by applicable state law. Exemption laws vary by state and (read on...)

Is Bankruptcy For You? Some Simple Answers

November 23, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Even without the existence of Debtors’ Prisons, folks facing the decision to legally renege on their debts–i.e. declare bankruptcy or insolvency–still face a huge, difficult decision–to file or not to file for bankruptcy. Here are a few frequently asked questions and the (read on...)

Can I Be Fired For Filing Bankruptcy?

August 25, 2011 by  | Leave a Comment Filed under: Bankruptcy 

The bankruptcy process is often scary enough for people experiencing financial hardships. Many people fear the stigma associated with bankruptcy and worry that their family and friends will find out about the bankruptcy. In fact, no one will find out about a bankruptcy unless you tell them, or (read on...)

Filing For Bankruptcy As A Military Veteran

June 17, 2011 by  | Leave a Comment Filed under: Bankruptcy 

As service members who have fought for the freedom and protection of our nation, veterans are owed a debt we can never repay. For their loyal service, veterans are allotted many benefits that were designed to protect the veterans as they grow older. What about the protection of a veteran’s (read on...)

Chapter 13 Vs Chapter 7 Bankruptcy: Differences

May 4, 2011 by  | Leave a Comment Filed under: Bankruptcy 

In some cases, a Chapter 13 bankruptcy (often referred to as a “wage earner reorganization”) presents a better solution than a Chapter 7 (“liquidation”) for financial crises. In a Chapter 13 bankruptcy, you propose a plan to repay all or only a portion of your unsecured (read on...)

The Bankruptcy Code Acknowledges the Validity of the Homestead Exemption

March 16, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Many times the subject of bankruptcy seems baffling in its complexity. Actually the basic principals of bankruptcy are fairly simple even though the federal statuses on bankruptcy are extensive. The reason that the statutes are so complex is because in as effort at social engineering, the (read on...)

It Is OK to Get Help If You Need Bankruptcy – Chapter 7 VS Chapter 13

February 3, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Nobody stays on a diet for five years, right? Yet, so many people I talk to about bankruptcy are chomping at the bits to file a Chapter 13 – which is like volunteering for a three-to-five-year diet – when they could file a Chapter 7 (and be finished with the whole case in just over (read on...)

How Bankruptcy Was Thought of in the Old Days

January 22, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Back in the day, when you heard the word bankruptcy, people imagined becoming homeless. It wasn’t that long ago when bankruptcy carried a stigma. Filing bankruptcy can still be emotionally draining but does not carry the doom and gloom of the past. It wasn’t that long ago when (read on...)

Information on Filing Bankruptcy in Oklahoma

January 8, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Although the bankruptcy code is consistent throughout the United States, there are certain variations that occur on a state by state basis. For example, while some states only have one bankruptcy district, Oklahoma has three. While there is no specific way to know whether or not you should file (read on...)