How Do You Qualify For Chapter 13 Bankruptcy?

December 14, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Qualifying for Chapter 7 bankruptcy occupies most of a debtor’s concerns when considering their options; but filing Chapter 13 bankruptcy also has its own set if requirements. Let’s take a look at a few: Businesses Need Not Apply Chapter 13 bankruptcy is designed for consumers only. (read on...)



Tips on Rebuilding Credit After Bankruptcy

December 1, 2011 by  | Leave a Comment Filed under: Credit 

It’s a well-known fact that the American economy is experiencing a great strain right now. The strain can be felt across the country in all forms of business as well as many American households. At a time when unemployment rates are high and many people are walking away from their (read on...)

The Role a Trustee in Bankruptcy Plays

November 30, 2011 by  | Leave a Comment Filed under: Bankruptcy 

In these hard economic times more and more people are finding it necessary to file for bankruptcy. When a person files for bankruptcy, the United States Department of Justice appoints a person known as a Trustee in Bankruptcy. This person is responsible for ensuring that both the debtor’s (read on...)

Things to Know About Bankruptcy

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

Bankruptcy is a process for people who can no longer pay their debts that allow them to liquidate their assets to satisfy their debts or to create a repayment plan to satisfy those debts. There are many ways to file bankruptcy and it depends on whether the filer is an individual, business or (read on...)

The Good and Bad Of "Avoidance" In Bankruptcy

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

Despite what some bankruptcy debtors may assume, avoidance in bankruptcy is not when you run away from paying your bills. Avoidance is the power of the bankruptcy trustee to eliminate liens and reverse asset transfers, specifically those that were created before bankruptcy filing. In some cases (read on...)

Bankruptcy Process: What Does It Mean, How Do I File, and What Happens After I File Bankruptcy?

November 1, 2011 by  | Leave a Comment Filed under: Bankruptcy 

I talk about bankruptcy all the time. I use the term so often that I automatically assume everyone understands what it means to file bankruptcy. The simple truth is that bankruptcy means something different to almost everyone. I am going to try to explain what exactly it means to file bankruptcy (read on...)

How To File Bankruptcy After A Move

October 27, 2011 by  | Leave a Comment Filed under: Bankruptcy 

If you recently moved from one state to another, there are certain rules that will impact where and how you file bankruptcy. Let’s take a look at a few of those rules and other considerations a debtor must make before filing bankruptcy after a move: Where You Moved Certain bankruptcy rules (read on...)

An Essential Guide To Bankruptcy: What Is It All About

October 26, 2011 by  | Leave a Comment Filed under: Bankruptcy 

Bankruptcy almost seems like the big black hole of financial debt. But do we really know what it means? What does filing bankruptcy even entail? If you are looking for answers, then here is your source to all you need to know to help clear up some of the questions that you may have about the big (read on...)

Consequences Of Delaying Bankruptcy

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

It’s unfortunate, but many debtors who should file bankruptcy wait until the absolute last minute to do so. Maybe it’s a vehicle repossession, foreclosure or even a credit card lawsuit that forces them to seek the aid of an experienced bankruptcy attorney, but whatever it is, (read on...)

Bankruptcy and Lawsuits

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

Filing for bankruptcy because of a lawsuit is a common and acceptable practice. Many debtors facing creditor lawsuits choose to file bankruptcy so that they can either avoid a trial or avoid the enforcement of a judgment that has already been levied against them. Let’s take a look at how (read on...)

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