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Credit Counseling Prerequisite for Personal Bankruptcy Filing
Oct 15, 2020Debtors Must Receive Counseling Prior to Bankruptcy Petition If you're struggling to make ends meet because you've lost your job, incurred substantial out-of-pocket medical expenses, or gone through a divorce, you might consider bankruptcy filing as a way to ...
Read MoreLegal Actions Not Affected by Bankruptcy Filing
Sep 15, 2020Bankruptcy Won't Stop All Legal Proceedings If you're struggling to make ends meet, a personal bankruptcy filing can help you get a fresh start. When you file for bankruptcy protection, an automatic stay immediately goes into effect. This stay prevents credit...
Read MoreDischarging Debt in Chapter 7 Bankruptcy
Sep 9, 2020Which Debts Can Be Discharged and Which Cannot? When you're considering bankruptcy options, the ability to permanently discharge certain debts in Chapter 7 can be very appealing. To qualify for Chapter 7, you must pass the means test by demonstrating to the b...
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