Latest on the Bankruptcy Blog

When you have decided to file bankruptcy to get some financial relief from your debt, you may be surprised to know that when you file your paperwork could make a huge difference in the outcome. File Now If you are in immediate danger of losing your home, your car, or having your utilities shut off,  … Read more

When people have large debts that they can’t repay, when they are behind in their mortgage payments and danger of foreclosure, declaring bankruptcy might be the answer. Bankruptcy can, in some cases, reduce or even eliminate your debts, save your home and keep bill collectors away, Federal courts handle bankruptcy, there are six types of  … Read more

In situations where you cannot pay off debts, are behind on your mortgage payments, or are in danger of a foreclosure, you are probably getting several phone calls by mortgage collectors. If you have tried your best and still think that you won’t be able to repay everything, filing for bankruptcy may be the only viable  … Read more

Personal bankruptcy is a legal action that can eliminate an individual’s legal obligations to pay certain types of debts, such as credit cards and medical bills. Bankruptcy can also stop, at least temporarily, a foreclosure, repossession of a property, or shutdown of utility services. By filing for bankruptcy, an individual can eliminate debt, protect future  … Read more

To file bankruptcy in the United States, you must first complete a debtor education course as part of the U.S. Bankruptcy Code requirements. The debtor education course teaches you how to be financially successful after your bankruptcy case is over. The course is intended to inform you of personal management skills to keep you out  … Read more

Bankruptcy cases are filed in federal courts. People often confuse the process and try to submit their bankruptcy documents in the state or county courts. Federal courts are fewer than state courts and are located in districts. Districts are defined by geography and population. The court you choose will be where for the last 180  … Read more

Credit card debt is one of the most common types of consumer debt. When the balance gets unmanageable, people often seek out a bankruptcy attorney for financial relief. Filing a Chapter 13 bankruptcy can help gain control of your credit card debt. Chapter 13 Bankruptcy Chapter 13 is often called a reorganization bankruptcy. In this  … Read more

When you file Chapter 7 bankruptcy, you will be assigned a trustee to handle your estate. A trustee is a representative of the United States Department of Justice. The trustee is there to represent your creditors while also being fair to you and your financial situation. The appointed trustee will look over your bankruptcy paperwork and  … Read more

When you realize you will not be able to catch up on your debt and the creditors are calling. Your next question could be what type do I file when considering bankruptcy? Speaking to an experienced bankruptcy attorney can help you understand which type of personal bankruptcy would suit your situation best. Income Your attorney  … Read more