Category:
Bankruptcy
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.…
You may think bankruptcy is either a disaster or a magic bullet that makes the consequences bad financial decisions disappear. It is neither. Bankruptcy is a legal process that allows…
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…
Bankruptcy is a scary word. You might think the worst when you hear, “He’s bankrupt.” You might think, “She’ll be penniless.” You might think he or she will have to…
The very fact that an individual is considering bankruptcy speaks to the difficulty in paying an attorney to help you file. If you’re in debt, does it make more sense…
Bankruptcy World has two distinctly different “Dis-lands.” One, “Dis-charged,” is the magnificent, joyful, cherished holy grail of bankruptcy outcomes. Every bankrupt wants to get through the Discharged finish line —…
Most people who file for bankruptcy because of personal debt file Chapter 7 bankruptcy, a four-to-six month process that, in theory, “liquidates” a person’s assets to pay off their unsecured…
Declaring bankruptcy is a big deal. The long-term damage it can do to your credit is such that bankruptcy only should be considered as a last resort, after credit counseling,…