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. […]
When you decide to file for bankruptcy protection as the right solution for your financial troubles, you need to decide on the type of bankruptcy that is most suited for your situation. If you are an individual, then your best bet will be chapter 7 or “liquidation” bankruptcy. What Is Chapter 7 Bankruptcy? Chapter 7 […]
Contrary to popular belief, you may actually be able to activate lien avoidance in chapter 7 bankruptcy. Going into the process of bankruptcy does not mean that you will be held responsible for or be able to jettison any debt in particular. The amount of leverage that you have throughout the chapter 7 process will […]
