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Bankruptcy is often the last resort for individuals who are drowning in debt. It offers a chance for people to slowly pay off their debt, or elimi...Basic Bankruptcy Exemptions
In the process of Chapter 7 bankruptcy, the liquidation process entails both debts and outstanding assets. However, there are basic bankruptcy exemp...Chapter 7 Process and Timeline
So you’ve considered your options, and decided that the only solution to you financial situation is obtaining chapter 7 bankruptcy protection. What ...Chapter 7 Realities
Bankruptcy is no respecter of persons. Unexpected medical bills, maxed out credit cards with massive interest, adjustable rate mortgages, or a myriad ...Chapter Seven
One of the most common requests we receive in email is from consumers wanting to know the difference between Chapter 7, Chapter 13 and Chapter 11 ba...Filing a Chapter 7 Bankruptcy
If you are severely in debt and believe you are unable to repay your creditors, you may be thinking about filing for bankruptcy. Consulting with a q...How Credit Card Debt is Eliminated by Chapter 7
If you find yourself overwhelmed by debts, with no ability to repay them, you may want to consider filing Chapter 7 bankruptcy. A Chapter 7 discha...Keeping Property When Filing for Bankruptcy
A common misconception about filing for Chapter 7 Bankruptcy is that you will lose everything and have to start completely from scratch. When you fi...Lower Incomes Make Filing Chapter 7 More Difficult
A key test to qualify for a Chapter 7 Bankruptcy is the “means test.” Basically, a person or couple who want a Chapter 7 Bankruptcy needs to pas...Types of Bankruptcy for Unemployed Debtors
If you have no income due to a job loss, a health condition that has left you unable to work, or divorce, you may have no ability to pay off you...What is a Trustee?
Filing for bankruptcy is a life-altering decision that requires careful consideration and weighing of options. Gone is the stigma of filing for bank...What is the Means Test For?
In order to file for Chapter 13 or Chapter 7 bankruptcy in the United States, individuals must take the means test. This means test clause, wh...Legal Answers
- Who can file for chapter 7 bankruptcy?
- If I file for chapter 7 bankruptcy, what happens to my personal property?
- What do I need to do before filing chapter 7?
- We have made a bad business investment and might have to file bankruptcy in Texas. Is Chapter 7 the right type?
- I filed for Chapter 7 bankruptcy 2 years ago. Now I'm having debt problems. Can I file again?
