How Will My Spouse’s Bankruptcy Affect Me? One way to avoid the overwhelming anxiety and issues that come with having major debt is bankruptcy. Bankruptcy gives you a fresh financial start. For those who are married, you might worry what happens to you when your spouse declares bankruptcy. You don’t have to file with your […]
According to finance guru Dave Ramsey, bankruptcy is considered among the top five life altering events in an individual’s life. As much as one might hate it, they may find themselves in a situation where the only solution is to file for bankruptcy. However, by following certain steps, one can avoid having to file for […]
How Does Chapter 13 Bankruptcy Differ from Chapter 7? When the founding fathers wrote the US constitution, they did so to help the citizens of their young nation thrive and flourish—both at present and for future generations. It is with this spirit that a bankruptcy clause was written into the constitution, enabling those who struck […]
5 Things Not To Do if Considering Bankruptcy While the phrase itself is a bit daunting, filing for bankruptcy can be a viable route to aiding financial issues. If you or someone you care about is considering bankruptcy as an option to escape from the burden of debt, there are some key “Do Not”s to […]
Which One is Right For You? Facing bankruptcy can be intimidating, but the decision of whether to file bankruptcy or debt settlement doesn’t have to be. In order to determine what the best choice will be for you, you first have to understand what debt settlement and bankruptcy are, and the distinctions between the types […]
What is Chapter 7 Bankruptcy? Chapter 7 Bankruptcy is also known as liquidation bankruptcy, because it removes all debt that can be removed according to the Chapter 7 rules. Chapter 13 bankruptcy, however, makes a repayment plan for debt. If you decide to file for Chapter 7 bankruptcy, you must first attend credit counseling then […]
When clients default and fail to clear their debts, creditors often result to offering bankruptcy as a way to rid of debts and have a fresh financial start. However, what creditors do not tell their clients is that, this is not the last option and there are other ways of resolving this. Typically, a Houston […]
Filing bankruptcy is a difficult decision to make which requires the help of a qualified attorney. A competent attorney will help you in numerous ways. They will advise you on whether or not you will be allowed to keep your car, home or other property after filing, under which chapter to file and the tax […]
There are pros and cons of every situation, including issues that are as serious as bankruptcy. While most people understand the negative impacts of bankruptcy, few have realized the benefits that bankruptcy can sometimes provide. Though you may be required to turn over some of your assets, windfalls received, and your surplus income to repay […]
Sometimes you might find yourself facing unexpected financial problems such as medical problems or best investments. In that case, you might be unable to pay some or all of your bills. If you are facing this kind of problem, you should be aware that you have options. One of your options is to declare bankruptcy. […]
