bankruptcy blog

When you’re dealing with a bankruptcy you are going to be exposed to a lot of different terms. You are most likely facing a variety of different ways in which creditors are trying to collect their money that you owe them. There is a procedure called order for appearance and examination of the judgment debtor  … Read more

Statistics show that cancer has a financial impact on many individuals that are stricken with this disease and it is most disheartening. It has been shown that those roughly one third of cancer survivors that are still within the working age have had to go into debt. It has also been shown by a recent  … Read more

All too often individuals who have run into financial difficulty feel a great deal of remorse and often depression. This is because they believe that they are being judged by others in regards to the financial mess that they are in. They feel that they are being perceived as being poor money managers and that  … Read more

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