A bankruptcy is a legal situation in which a person, company, or some institutions, are unable to pay their debt from their available financial resources. Bankruptcy is one of the cheapest and quickest options to get out of debt by stopping debt collectors and even saving your assets. One of the most compelling benefits of  … Read more

For most people, hiring a bankruptcy lawyer happens a little late in the process. After a long time of struggle trying to pay their debts, people start to consider filing for bankruptcy and then thinking about hiring a lawyer. Filing for bankruptcy is not a simple process, and it requires a good representation. Let’s take  … Read more

  There is a social stigma attached to the term bankruptcy. Let’s take a look into what this process is and see that it is not the end of the road, as some people think. Bankruptcy can be seen as an opportunity to start over. Bankruptcy laws were designed to give people a second chance,  … Read more

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

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

When people are overwhelmed in debt, adding another bill by hiring a bankruptcy attorney can seem impossible. They often wonder if they can avoid hiring an attorney and represent themselves. You can also find advice all over the Internet on how to prepare your bankruptcy documents. The problem with both of these options is that  … Read more

If you have debt in the United States and you live outside the country, there are options you may have to relieve your financial burden. If you have real estate or bank accounts in the United States, judgments can be levied against you by federal or the state court where your assets reside. When you  … Read more

When you are overwhelmed in debt and wondering how you’re going to pay your bills, the thought of paying a bankruptcy attorney can be daunting. When you file bankruptcy, there are additional fees involved besides just paying your lawyer. Filing Fees When you file your paperwork with the court, there will be a filing fee.  … Read more

For personal bankruptcy, anyone who lives in or has property in the United States can file bankruptcy. There are a few exceptions like if you can pass your states means test for Chapter 7, or if you have a reliable source of income for a Chapter 13 bankruptcy. Also, you must not have received a  … Read more

When you are struggling financially, sometimes bankruptcy can be the wrong choice to get your finances back on track. A chapter 7 bankruptcy is the fastest and easiest form of bankruptcy. In as little as three to six months, all of your qualifying debt can be eliminated. Sometimes it is better to file a Chapter  … Read more