Before you consider filing personal bankruptcy, it's important to get the whole story on the negative effects of bankruptcy. I went through bankruptcy four years ago, and I am still sorry I did it. Read more »
Do You Really Need A Bankruptcy Lawyer?
One of the biggest obstacles to filing for personal bankruptcy are the legal costs. The fees charged by the court are under $500 in total, but bankruptcy lawyers will charge you an additional $2,000 or more for services to file for bankruptcy. If you’re too broke to pay your credit cards and loan payments, how [...] Read more »
Chapter 7 Bankruptcy Information: What You Need To Know
This is the chapter that most people would probably like to file under, since it will wipe your slate clean so to speak of all debt. Chapter 7 is also called "Liquidation" because your assets will be liquidated, or sold, to pay your debt. Read more »
Some Answers To Basic Bankruptcy Questions
If you’re in debt over your head, and your job is not looking too secure, or if you’ve lost your job, filing personal bankruptcy can seem like a way to stop creditors, get rid of your debts, and move on with your life. Here is some basic bankruptcy information which can help explain more about [...] Read more »
How To Choose A Bankruptcy Lawyer
If you are one of the millions of Americans considering filing for bankruptcy, choosing a bankruptcy lawyer is a key consideration. The cost of bankruptcy can be high, and frankly shopping around for a bankruptcy law firm will not necessarily mean you will find someone affordable. Bankruptcy can be expensive, and you need to be [...] Read more »