Category:
Bankruptcy
A bankruptcy discharge is the legal holy grail for anyone who files for bankruptcy. A discharge means there’s a court order in the bankrupt’s case that erases all qualifying debts.…
The end game in filing Chapter 13 bankruptcy is a discharge order signed by a judge that releases the debtor of all qualifying debts and prohibits creditors from attempting to…
A bankruptcy trustee oversees a bankruptcy filing and plays a major role in determining if a case goes forward. Trustees are appointed by the bankruptcy judge to look for assets…
You’ve probably heard that filing bankruptcy has major drawbacks, which it does. Filing can cause a significant drop in your credit scores and make it more difficult to get approved…
If you’re buried in debt and thinking about filing Chapter 7 bankruptcy, you may be wondering if you need to owe a certain amount before you qualify. The truth is,…
Bankruptcy may be a solution to financial woes, but it is a sticky solution because it stays on your credit report for 7-10 years. If you file Chapter 7 bankruptcy,…
Bankruptcy is a legal process that can provide financial relief to a person or business that is unable to pay their outstanding debts. It is not a “simple” legal process.…
Bankruptcy is a legal process in which a person or business declares they can’t repay their debts and wants a second chance to resolve their financial crisis. The process can…
You’ve probably heard bankruptcy likened to a financial lifeline. Harassing phone calls from creditors stop. Having waves of debt washed away – not without consequences, mind you – can nevertheless…
Bankruptcy is a legal proceeding that could provide relief when a person can’t repay debts. Consider bankruptcy a legal life preserver for those drowning in debt. Chapter 7 bankruptcy is…