Filing Bankruptcy Is a Reasonable Option in a Down Economy

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

Many people these days find themselves contemplating filing bankruptcy. Well they certainly are not alone. As it stands more than million people will file bankruptcy this year alone, and there are a lot more people that are in a situation where they should seriously consider it. While it is true (read on...)



Chapter 11 and Chapter 13 Bankruptcies

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

Not everyone who wants to file bankruptcy wants to simply eliminate debt. Some people, through a series of circumstances, find themselves in a situation in which the amount of money required to meet the minimum payments on all of their debts exceeds their income. For these people, a new start (read on...)

Top 10 Misconceptions About Bankruptcy

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

Bankruptcy is everywhere. Bankruptcy affects everyone including, but not limited to, Debtors, Creditors, Lending Institutions, Accountants, Financial Analysts, Mortgage Brokers, Real Estate Agents, All Types of Lawyers, Potential Homebuyers, Owners of Real Property, The President of the Bank of (read on...)

Preparing To File Bankruptcy

May 4, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Bankruptcy is not a passive process. In fact, it requires the coordinated effort of many people. The bankruptcy trustee is responsible for managing the creditors, while the debtor is required to complete certain steps in order to successfully complete the case. Many people enter the bankruptcy (read on...)

Things To Consider Before Filing Bankruptcy

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

Small business owners and consumers who are facing increasing debt may think of filing for bankruptcy. Sometimes, filing bankruptcy is the only choice to come out of those debt issues. Credit counselors and bankruptcy experts are experts for seeking advice before thinking ahead and filing for (read on...)

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 Happens to My Car When I File Bankruptcy?

March 11, 2012 by  | Leave a Comment Filed under: Bankruptcy 

A debtor’s vehicle is affected by bankruptcy in different ways depending on whether the vehicle was leased or purchased and which bankruptcy chapter was filed. If the vehicle was leased then the debtor has to choose whether to assume or reject the lease. Assumption of a lease obligates the (read on...)

Filing Bankruptcy Is Not A Mark Of Shame

March 2, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Many Americans these days that are experiencing financial difficulties and are seriously considering filing bankruptcy should seek consultation with a bankruptcy attorney. They can then factor in all of their options, weighing the advantages and disadvantages that come with filing bankruptcy. The (read on...)

Top 10 Reasons to File Bankruptcy

January 10, 2012 by  | Leave a Comment Filed under: Bankruptcy 

There are a multitude of reasons why a consumer may choose to file for either Chapter 7 or Chapter 13 bankruptcy protection. Most of these are good reasons and by discussing your situation with a debt relief attorney who is licensed in your state, the bankruptcy will generally help relieve the (read on...)

Things To Do Before You File Bankruptcy

December 29, 2011 by  | Leave a Comment Filed under: Bankruptcy 

There are numerous misconceptions and myths associated with bankruptcy that prevent many people in need from benefiting from the process. Although the process is not inherently difficult, there are many that still find the process to be challenging. In fact, it isn’t uncommon for people to (read on...)

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