Tag Archives: filing for personal bankruptcy

Pros and Cons of Chapter 13 Bankruptcy

Chapter 13 bankruptcy is different from a Chapter 7 liquidation, in that you file a repayment plan to help manage your debt.

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, [...]