Chapter 7 Bankruptcy | How to Rebuild Credit After Bankruptcy Chapter 7 Bankruptcy | Although people who have filed for and gone through the process of bankruptcy do indeed take some losses, most of them carry on in their post-bankruptcy life by doing what other people who have faced hard circumstances do: They move on. [...]
Chapter 7 Bankruptcy | Options for Small Businesses Chapter 7 Bankruptcy | If your small business has a significant amount of debt, filing for bankruptcy could be the right path to take. Bankruptcy can help you reorganize your debts and might even assist you in saving your business. Bankruptcy can help you liquidate your company [...]
Insight for Those Filing a Chapter 7 Bankruptcy Chapter 7 Bankruptcy | Whether or not to file for bankruptcy is a question that many people wrestle with, and a self-imposed inquiry that is certainly not taken lightly. After all, a bankruptcy filing is an undeniably big step and a move that is attendant with material [...]
Chapter 7 Bankruptcy | Handling an Underwater Mortgage Chapter 7 Bankruptcy | As a strapped debtor seeking relief against a second lien claim on a home through the bankruptcy process, you need to be focusing on Chapter 13 rather the protections afforded through Chapter 7. That is the bottom-line takeaway from a federal bankruptcy case [...]
Chapter 7 Bankruptcy | Can I Eliminate Medical Debt? Chapter 7 Bankruptcy | The cost of health care is on the rise, and the number of Americans lacking adequate medical insurance coverage is increasing along with it. In this climate, many people have alarmingly high medical debts and have turned to bankruptcy for relief. As [...]
Chapter 7 Bankruptcy | How Long Does It Take? Overview of Chapter 7 bankruptcy A lot of people have asked, “What is Chapter 7 bankruptcy?” Chapter 7 refers to a type of bankruptcy, commonly known as “liquidation” bankruptcy where all of your debts will be discharged (with certain exceptions) and any unexempt assets will be [...]
Chapter 7 Bankruptcy - Pros and Cons There's no question that deciding to declare a Chapter 7 bankruptcy is very difficult. It affects your future credit, your reputation and your self-image. It can also improve your short-term quality of life considerably, as the calls and letters stop. Here is a list of pros and cons to consider [...]
Bankruptcy Lawyer - How a High Income Bankruptcy Works Bankruptcy Lawyer - Many people assume that if their income is relatively high, they cannot file for Chapter 7 bankruptcy. Often this assumption is incorrect. It is not by any means unusual for a “high-income” debtor to file under Chapter 7. In fact, I have successfully represented clients [...]
Common Issues Associated with a Chapter 13 Bankruptcy A Chapter 13 Bankruptcy case, also known as a debt-consolidation bankruptcy, is a lengthy process. The repayment plan a person enters when they start a Chapter 13 can last anywhere from 36 to 60 months. Naturally, a lot can change in a person’s life over the course [...]
A bankruptcy lawyer is a beneficiaries of a tough economy, but their clients, many of whom know little about the process and have scant time to research it, are usually at a loss when it comes to seeking the help of an expert. With creditors closing in and desperation mounting, many people foolishly select a [...]