If you have fallen behind on your car payments, your vehicle may be in danger of repossession. It is not uncommon for people to experience changes in their financial circumstances that lead to longer than expected turmoil. Bankruptcy is an option that may enable you...
Month: February 2021
Money you should not spend before bankruptcy
If you are facing a heavy debt load that you fear you have no chance of paying off, bankruptcy may be your best solution. Should you consider going down this route, you should refrain from making certain transactions before you file your bankruptcy petition. For one...
Do you qualify for Chapter 13 bankruptcy?
If you are considering filing for bankruptcy, you may wonder which Chapter best fits your situation. There are stark differences between Chapter 7 and Chapter 13, for example, which will affect how much debt you will retain once the bankruptcy closes. If you wish to...
Benefits of bankruptcy: the automatic stay
While many people tend to have a negative view concerning filing for bankruptcy, the truth is that it can bring welcome relief for those who are struggling to pay their creditors. Once someone files for bankruptcy, an automatic stay goes into effect, which prevents...
