Chapter 7

May 15, 2013 - Posted in Chapter 7

For most people who file for bankruptcy, their biggest concern involves the protection of their assets. When filing for a Chapter 7, debtors want to ensure that they can keep...

May 7, 2013 - Posted in Chapter 7

While bankruptcy laws have made it possible for individuals and businesses to restructure their financial portfolios, filing for a business Chapter 7 petition is definitely something you don’t want to...

March 5, 2013 - Posted in Chapter 7

In today’s economy, it’s no longer enough just to watch after your own finances. For many people, one of the most alarming moments isn’t managing their own budget, but discovering...

January 8, 2013 - Posted in Chapter 7

The sole purpose of bankruptcy is to provide you with debt resolution and relief from liability over old debts. This is generally done at the time of debt discharge, meaning...

November 26, 2012 - Posted in Chapter 7

Filing for bankruptcy requires some time and patience. There are several "hoops" to jump through from qualifying to completion, all of which is guided by some very specific rules.  One...

November 20, 2012 - Posted in Chapter 7

Credit cards are one of the most common sources of debt among Americans today. Although not the main factor behind bankruptcy cases, they certainly can contribute to an already fragile...

November 8, 2012 - Posted in Chapter 7

Tough times are impacting all of us and many people simply cannot afford to meet their financial obligations. The bankruptcy process can be a way to start fresh and regain...

October 18, 2012 - Posted in Chapter 7

In many areas devastated by the foreclosure crisis families have been sent through the ringer looking for help. Luckily, filing for bankruptcy is one option that can help stop a...

October 11, 2012 - Posted in Chapter 7

Because the bankruptcy process is based on your debt and income levels, changes to these amounts can drastically affect your case. Therefore, it is important that you know and follow...

October 1, 2012 - Posted in Chapter 7

Anyone looking to file for bankruptcy understands that there are two types of personal bankruptcy available. However, most people may not know the differences between them or which one will...