Blog Category: Filing bankruptcy

Many individuals struggle for a great deal of time with their financial difficulties before deciding to file for bankruptcy. This is based on the hopes that their situation is temporary and they will be able to become financially stable once again on their own. Most often it leads to the point where they are at  … Read more

Once you go bankrupt, the property that you own goes into what is called a bankruptcy estate. Some of your property and assets may be exempt from this but it will depend on the State that you are filing in, as well as, which form of bankruptcy you are going for. It is not uncommon  … Read more

While there are many parts of your bankruptcy that are going to be concerning about, probably the one that you fear the most is the meeting of your creditors that must take place. This is a meeting that you must attend, however it does not have to be as nerve-racking as you think, especially if  … Read more

One of the reasons that many individuals end up seeking out bankruptcy help is because of the incessant pressure that they are put under by those that they owe money to. It can be most stressful and overwhelming when creditors are on the hunt for their money. They will go about trying collections in many  … Read more

When individuals run into really serious financial problems one of the biggest fears they have is losing their home. They automatically assume that if they are going into a bankruptcy that they will most definitely lose their residence. This is not necessarily the case and before making any decisions regarding your bankruptcy you really should  … Read more

When you have decided to go bankrupt there is a lot that you are going to learn about this process. The first thing that you have to realize is that while bankruptcy is an excellent form of debt relief it can be a very complex process. For this reason you want to make sure that  … Read more

If you are in a tough financial situation, serious matters that you need to be concerned about are court issued judgments.Often creditors will hound you for a period of time through phone calls and mail but when this doesn’t work than they may resort to the courts to get action for the repayment that you  … Read more

Most individuals turn to the Chapter 7 or Chapter 13 bankruptcy to help them get back on their financial feet again. While this can be a most stressful procedure, utilizing the services of a qualified attorney will make the process much easier to handle. There are times however, when a bankruptcy case can be denied.  … Read more

Many individuals that are going through a bankruptcy are really embarrassed about this and often feel that they want to keep it as quiet as possible. The question often arises as to whether they should tell their current employer about their bankruptcy or should they reveal this when they are applying for a new job.  … Read more

In order to know whether your creditors can come after your spouse for the amount owed to them is going to depend on what is included in your bankruptcy estate which is the crux of your bankruptcy. What is most important is that you utilize a qualified and experienced bankruptcy attorney to assist you with  … Read more