Consumer bankruptcy is one of the most important American rights. Without it, citizens could be subjected to ruinous collections practices enforced by the courts. Unpayable judgments would prevent bankrupt households from becoming solvent, resulting in dire poverty...
In a previous blog post we discussed some of the highlights of a Chapter 7 bankruptcy filing, citing it as the most used type of bankruptcy remediation. In this blog post we will focus on the second most popular type of bankruptcy filing, a Chapter 13 bankruptcy. In a...
Bankruptcy is a scary word and it can be a damning word for your personal finances for quite some time. Chapter 7 bankruptcy is the typical filing you do when you’re personally bankrupt for whatever reason. It is the liquidation of your assets as a way to repay...
Bankruptcy is a scary time for most people. It involves loss of a life you were used to and new financial world where you’re working to rebuild trust and freedom. Navigating it requires an attorney with experience. Bankruptcy attorneys help you file paperwork, help...
The U.S. bankruptcy code allows people who are insolvent to either eliminate legally dischargeable debts or restructure payments in a way that makes them solvent. Also known as a wage earner’s plan, a Chapter 13 bankruptcy is designed for debtors who have regular...
There’s a lot of fear and a lot of misinformation that goes on around bankruptcy. There’s a lot of fear and trepidation as well. But filing bankruptcy is common and, when the right channels are followed, not as complicated or momentous as it seems. Knowing common...
