bankruptcy blog

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

As an individual that has run into dire financial difficulties and also being a homeowner naturally your first concern is going to be what is going to happen to your home. You may be on the brink where foreclosure is going to take place and you are trying to decide whether you should go bankrupt  … Read more

A lot of people who find themselves in a tough financial situation often ask themselves the question how did they get this way? It is something that can happen easily especially when the finances are not being tracked properly. There are very few families that that don’t have some level of debt. Some are much  … Read more

There are a lot of different reasons why individuals end up having to file for bankruptcy. It could be that they have lost their job and are not able to meet their financial obligations. It may be that they have been hit with unforeseen debt such as medical debt. It can even be because some  … Read more