January 17, 2010 – 9:48 am
Misconceptions about bankruptcy and what it means to file are prevalent. Here are 5 of the most common misconceptions people have about the process.
September 13, 2009 – 1:20 pm
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.
By Janet Caskey
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Posted in Bankrupt, Bankruptcy, Bankruptcy Lawyers, Chapter 7, Foreclosure In Bankruptcy, bankruptcy credit score, chapter 13, credit score, do it yourself bankruptcy
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Also tagged avoid bankruptcy, Bad Credit, Bankrupt, Bankruptcy, bankruptcy effects, bankruptcy negative effects, chapter 13, chapter 13 bankruptcy, Chapter 7, chapter 7 bankruptcy, do it yourself bankruptcy, effect of bankruptcy, effect of filing bankruptcy, effects of bankruptcy, filing for bankruptcy, foreclosure, Foreclosure In Bankruptcy, impact of bankruptcy on credit, long term effects of bankruptcy, negative effects of bankruptcy, personal bankruptcy
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September 12, 2009 – 7:16 am
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, [...]
By Janet Caskey
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Posted in Bankruptcy, Bankruptcy Lawyers, Chapter 7, chapter 13, do it yourself bankruptcy
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Also tagged avoid bankruptcy, bankrtupcy costs, Bankruptcy, bankruptcy law, Bankruptcy Lawyers, chapter 13, chapter 13 bankruptcy, Chapter 7, chapter 7 bankruptcy, do it yourself bankruptcy, file for bankruptcy, filing for bankruptcy, filing for personal bankruptcy, Foreclosure In Bankruptcy, how to file bankruptcy, personal bankruptcy, personal finance, why you need a lawyer to declare bankruptcy
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September 11, 2009 – 6:38 pm
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.
By Janet Caskey
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Posted in Bankruptcy, Bankruptcy Lawyers, Chapter 7
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Also tagged avoid bankruptcy, Bankruptcy, bankruptcy attorney, Chapter 7, chapter 7 bankruptcy, chapter 7 bankruptcy information, Credit Counseling, declare bankruptcy, personal bankruptcy
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September 10, 2009 – 11:07 am
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 [...]
By Janet Caskey
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Posted in Bankruptcy, Bankruptcy Lawyers, Chapter 7, chapter 13
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Also tagged Bankruptcy, bankruptcy chapter 13, bankruptcy chapter 7, bankruptcy information, bankruptcy law, bankruptcy law firm, bankruptcy laws, Bankruptcy Lawyers, file bankruptcy, file for bankruptcy, filing for bankruptcy
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Domestic support obligations are a certain class of debts recognized by bankruptcy law. Knowing what is a domestic support is important in evaluating the effects bankruptcy will have on you.
Chapter 7 bankruptcy can provide for a financial fresh start to those who use its power to rid themselves of creditors harassment and headaches – but not everyone is eligible to file for Chapter 7 bankruptcy protection. The following requirements must be met in order to file a Chapter 7 bankruptcy: