People are often reluctant to seek bankruptcy protection because they do not like the idea of not paying their debts. Companies have worked hard to condition the public to the idea that they have to be absolutely scrupulous in paying everything that they're told they...
If you're one of the many Americans struggling to get out from underneath a pile of debt you accumulated when the economy was at its worst, you are not alone. You may feel like there is no hope right now, but making the right choices right now and sticking to them can...
Chapter 7 Bankruptcy is a federal judicial process where you can have your debts discharged. This chapter of the bankruptcy code provides for liquidation of assets, which means that you may have to sell your non-exempt property to be distributed to your creditors...
Bankruptcy is not something that someone plans for. Various economic factors can cause you to declare bankruptcy. Then again, bankruptcy is not limited to entrepreneurs. Even individuals find themselves in a situation where they have to file for bankruptcy. According...
Bankruptcy Lawyers will tell you that filing a petition for bankruptcy can be complicated. Bankruptcy must be always considered as the last resort. Employers can refuse to employ you. You can be refused loans and credit for buying a home or even declined an insurance...