bankruptcy blog

There is no doubt that you are under a great deal of stress if you are at a point where you are considering bankruptcy. Most likely you are being hounded by creditors and you have no viable solutions that you can rely on to help you with your financial situation. This means that you have  … Read more

Most often individuals that are headed into personal bankruptcy feel very isolated and alone. They experience a whole gambit of emotions and one of these is a great deal of embarrassment over the financial situation that they are in. Sometimes it’s worth taking a look at others that have been in this situation who aren’t  … Read more

There are some individuals that will state that they are going bankrupt because they have nothing to lose anyway. In a sense what they are referring to here is a no asset bankruptcy. In most cases this is applicable to many of the individuals that are going through a Chapter 7 bankruptcy. In fact, the  … Read more

One of the things that you are going to discover when you are going bankrupt, no matter whether it is a Chapter 7 or Chapter 13 bankruptcy, is that there are going to be creditor claims. What will be surprising to you is that there are different types of creditor’s claims. In your opinion perhaps  … Read more

While bankruptcy is mostly perceived by debtors that run into financial difficulties as a form of debt relief, it can also be used to the advantage of the creditors. An involuntary bankruptcy is the procedure that is filed by creditors who are attempting to collect their money. These are usually creditors that know that their  … Read more

In most cases many individuals that are going bankrupt rely on every penny that is coming into them. More often than not, there is more money going out than what is coming in, and this is what is leading them into a bankruptcy action to begin with.   In some cases individuals are waiting for  … Read more

One of the important factors that you’re going to find out about when you have decided to go ahead with the bankruptcy petition is that there are many different forms that have to be filled out. You also have to realize that the bankruptcy laws are different for each state so it is important that  … Read more

You are going to find that when you file for your Chapter 7 bankruptcy that there are going to be some fees involved. These are often distressing for many individuals that are going bankrupt because they are so tight financially to begin with. There are some options when paying the filing fees such as being  … Read more

Many individuals in financial distress come to the conclusion that they need to file for bankruptcy. They will often consider attempting to do their bankruptcy action on their own without the help of professional services. Some of the reasons for wanting to do this are because they feel they can’t afford the bankruptcy filing fees  … Read more

Financial difficulties create a great deal of stress and individuals who find themselves in this situation don’t know where to turn to. One of the best solutions when there are no other options is to file for bankruptcy with the help of a qualified Attorney. One of the concerns is that an individual’s wages may  … Read more