Chapter 13 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...

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...

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...

If you plan to meet with a bankruptcy attorney for an initial consultation, you should prepare questions and bring certain documents. This consultation is a good opportunity to learn more about the bankruptcy filing process and figuring out if this is a good option...

When you file for bankruptcy, the goal at the end is to discharge your debts. When this happens, the court rules that you no longer have a legal obligation to pay the debts. However, not every debt you have is a dischargeable debt. The U.S. Courts explain that the...

If you have recently lost a job or a source of income or fallen so far behind on your bills that getting caught up seems impossible, you are not alone. Debt is an unfortunate challenge in many people’s lives, regardless of socioeconomic status. It is not easy to...

In Texas, you have certain protections if you file bankruptcy. One of the biggest boons is protection from debt collector harassment. Once you file, they legally cannot bother you for the duration of the bankruptcy. But how do you know you are suffering from debt...

Bankruptcy is a tool that people can utilize when they are in financial peril. Credit cards, bills and other debts can make it difficult for a person to live comfortably.  U.S. News clears up the misconceptions that may prevent a person from seeking bankruptcy as an...

Whether you are facing overwhelming credit card or medical debt or worried about foreclosure or repossession, filing for bankruptcy may be the lifeline you need to get your finances back on track.  Depending on your specific circumstances, you may choose to file for...

You may have reason to believe that filing for bankruptcy would improve your financial situation. However, you may worry about what other people will think of you if you file. People may assume that bankruptcy is the result of overspending or financial...