The Reasons for Choosing Chapter 13 Over Chapter 7 If you're struggling to make ends meet and have concluded that your best way forward is through the filing of a personal bankruptcy petition, a Chapter 7 may seem like the best choice. After all, … [Read more...]
Chapter 7 Bankruptcy Petitions
What Is a Chapter 7 Filing? What Restrictions Apply to Chapter 7? Life has thrown you a curve. Maybe you've been hurt in an accident or you're suffering from a serious illness, making it difficult or impossible for you to work. Maybe the effects of … [Read more...]
Get a Fresh Financial Start in 2023
The Benefits of Filing for Personal Bankruptcy Protection If you’re like many Americans, you started 2023 with financial concerns. Maybe you lost you job last year or maybe you suffered a serious injury or illness. Regardless of the reason, … [Read more...]
Taking the Right Steps in Preparation for Bankruptcy
Things You Do and Don't Want to Do before Filing for Protection There's an erroneous perception that bankruptcy is a bad thing, that it's a sign of failure or irresponsibility, that it's going to ruin you financially for the rest of your life. Those … [Read more...]
The Means Test for Chapter 7 Bankruptcy Eligibility
Mistakes to Avoid When Submitting to the Means Test If you're looking to get a fresh start in bankruptcy and you want to wipe out whatever debts you can, you'll need to submit to a means test, so that you can file for protection under Chapter 7 of … [Read more...]
Debts You Should Pay While in Bankruptcy
The Limits of the Automatic Stay One of the most tangible benefits of a personal bankruptcy filing is the immediate application of the automatic stay, which allows you to suspend payment on those debts included in the petition while you either move … [Read more...]
Bankruptcy and Repossession
Can I Use a Bankruptcy Filing to Keep My Car from Being Repossessed? You're in dire financial straits because of the loss of a job, an illness or injury, a divorce or some other unforeseen challenge. You're behind on credit card, mortgage and car … [Read more...]
Important Questions to Ask before Filing for Bankruptcy
The Things You Want to Know When Considering Bankruptcy You're struggling pay your bills because you've lost your job or your hours have been cut back to nothing. You can't see anyway things are going to improve in the near future, so you've given … [Read more...]
How Does a Chapter 7 Bankruptcy Petition Affect the Obligation to Pay Your Bills?
Can You Use the Automatic Stay to Avoid Paying Any Financial Obligations? When you file for protection under the American bankruptcy laws, an automatic stay immediately goes into effect, preventing your creditors from calling, writing or taking any … [Read more...]
Getting the Most Benefit from a Bankruptcy Filing
Taking the Right Steps to Get a Fresh Start When life throws you a curve...you lose your job or suffer an injury or illness...the stress and anxiety that come with struggling to meet your financial obligations can be exhausting, just making things … [Read more...]
