Chapter 13 bankruptcy is different from a Chapter 7 liquidation, in that you file a repayment plan to help manage your debt. Read more »
First Consider The Negative Effects of Filing Bankruptcy
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 »
After Bankruptcy, Then What?
Once you file for bankruptcy, you'll have some credit matters to deal with. For some of these issues, you should consider them before filing, if possible. Read more »
Get Advice About Bankruptcy Alternatives
If you are considering bankruptcy, you know that it feels like the hardest decision you've probably ever made. There are many questions - whether it will really help you get a fresh financial start, what the credit results are after bankruptcy, how bad it will be for your financial future, whether it's really the right thing to do now. 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 »