Bankruptcy Filing and Its Alternatives

June 28, 2012 by  | Leave a Comment Filed under: Bankruptcy 

The concept of bankruptcy was introduced many years ago so that a debtor could be helped with his debt issues, and his financial disaster could be brought to an end, with getting a control over his financial income and assets. Bankruptcy is now very different in filing as to what it was like when (read on...)



Is It Hard to Get Credit After Filing Bankruptcy?

June 19, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Many people do everything in their power to avoid filing bankruptcy because of the fear of destroying their credit. The credit industry has spent a lot of time using fear as a way to keep consumers in line. Most people believe that if they file for bankruptcy, they will never see another credit (read on...)

Life After Chapter 13 Bankruptcy Is Good

May 16, 2012 by  | Leave a Comment Filed under: Bankruptcy 

So you filed Chapter 13 bankruptcy, what comes next? First of all you are not alone. More than 1.5 million Americans will file for bankruptcy this year alone. Filing bankruptcy can be stressful, but it is certainly not the end of everything, but in fact a chance for a new beginning. Seven years (read on...)

Dealing With the Emotional Aftermath of Bankruptcy

May 16, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Dealing With Emotions Bankruptcy May Cause Without a doubt, bankruptcy filing can cause many negative emotions. Many people’s sense of self-worth is often viewed in light of their financial circumstances. When a person files bankruptcy they experience a loss of money and credit which can be (read on...)

Misconceptions and Myths About Bankruptcy

May 16, 2012 by  | Leave a Comment Filed under: Bankruptcy 

There are many myths about bankruptcy that strike fear in the hearts of the financially insolvent. Unfortunately, these misconceptions often deter people from filing and obtaining the help they need. The best way to combat misinformation is through education and there are a few things that anyone (read on...)

Should You File for Bankruptcy

May 12, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Deciding whether filing bankruptcy is a good decision for you can be frustrating and really difficult. Many consumers find themselves wondering if bankruptcy is even an option for them, or if it is something that they would benefit from. My understanding, after interviewing many possible (read on...)

Should You Consider Chapter 7 or Chapter 13 Bankruptcy?

April 21, 2012 by  | Leave a Comment Filed under: Bankruptcy 

There is much to consider when considering bankruptcy. In order to file for either Chapter 7 or Chapter 13 bankruptcy, you must first obtain credit counseling from an approved source. When you file for Chapter 7, or liquidation bankruptcy, property that is valued higher than the allowable (read on...)

Before and After Filing For Bankruptcy

April 21, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Many people fear the bankruptcy process unnecessarily. The truth is that much of what people fear about bankruptcy is related to myths and misconceptions about the process. The best way to combat false information is through consumer education. Understanding what may be expected of you before and (read on...)

Credit Before and After Bankruptcy

April 7, 2012 by  | Leave a Comment Filed under: Bankruptcy 

One of the biggest areas of concerns for anyone considering bankruptcy is what will happen to their credit. The truth is, bankruptcy does not damage credit, but missing payments does. While there aren’t many negative effects of bankruptcy on credit, there is still much to consider about (read on...)

3 Effective Ways To Get Debt Free Without Bankruptcy

March 16, 2012 by  | Leave a Comment Filed under: Bankruptcy 

It can be a nightmare finding ways to get rid of debt. Millions of people have found themselves seriously in debt due to easy access to cheap credit cards and the behavior of getting credit to buy the things they can’t afford to pay in cash. When they can’t keep their debt repayments (read on...)