Chapter 7 Bankruptcy – What it is and How it Works?
Chapter 7 Bankruptcy is the most popular form of bankruptcy in the U.S. That is because it can erase a sizable amount of unsecured debt and give you a fresh start. However, before filing bankruptcy,...
View ArticleChapter 7 Bankruptcy For Small Business Owners
Chapter 7 bankruptcy is a vital solution for small business proprietors facing dire financial challenges. This avenue permits qualifying entrepreneurs to liquidate their assets to repay outstanding...
View ArticleWhat Happens When You Declare Bankruptcy?
The thought of filing bankruptcy can be scary to anyone. The stereotypes that come with filing bankruptcy and its perceived reality deter a lot of people from filing. Nonetheless, what happens when...
View ArticleWho Pays for Chapter 11 Bankruptcy?
Thousands of businesses and individuals across the country are thinking about filing Chapter 11 bankruptcy. According to the U.S. Bankruptcy Court, Chapter 11 bankruptcy filings are on the rise in the...
View ArticleWhat is Emergency Bankruptcy and How to File?
If your creditors are threatening to take action or have already started the process, filing for bankruptcy can help to stop them (at least temporarily). Filing bankruptcy involves many documents,...
View ArticleCan You File Bankruptcy on Medical Bills?
You can discharge some or all of your medical debt if you file for bankruptcy under Chapter 7 or Chapter 13. Medical debt is one of the most common reasons why individuals file for bankruptcy. Medical...
View ArticleChapter 7 Bankruptcy Exemptions: What Can You Keep?
In the realm of Chapter 7 bankruptcy, understanding exemptions is vital. These provisions safeguard specific property from being claimed by unsecured creditors or the bankruptcy estate. Exemption...
View ArticleWhat is the Downside of Bankruptcy?
Bankruptcy gives individuals a fresh start financially. Keep in mind that filing for bankruptcy is a serious matter. Your bankruptcy claim will negatively impact you if you don’t understand the...
View ArticleTypes of Bankruptcies
If you are in serious debt, you’ve likely been searching for debt-relief options. When no other options are viable, many people consider filing bankruptcy. Many types of bankruptcies are available,...
View ArticleHow Much Does a Bankruptcy Lawyer Cost?
When you find yourself in an overwhelming financial situation, bankruptcy is a way out. Once you’re considering bankruptcy though, you don’t want to make your situation worse, and so the cost of...
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