Chapter 7 bankruptcy helps people get out of debt while keeping most or all of their personal belongings and other assets. It is generally the quickest and simplest chapter, and is typically completed in four to six months. Unlike a
Chapter 13 bankruptcy helps people get a handle on their debt problems while keeping most or all of their personal belongings and other assets. It enables people with regular income to develop a plan to repay all or a portion
Wise money management is a skill. It's a skill anybody can learn and even improve over time. It is always the right time to make wise financial decisions. And it is never too late to start making wiser choices for
We often talk about how there are many bankruptcy myths that are believed by most people. There are likely a number of reasons why misinformation about bankruptcy is so prevalent. To be certain, there are things that lenders don't want
If you are deep in debt, dealing with harassing creditor calls, maybe you've been sued for unpaid debts, it is time to explore if bankruptcy is the right solution to your debt problem. When we first meet with our clients
Chapter 7 bankruptcy erases all or most of your debts, without a repayment plan, and in general allows you to keep most or all of your assets and other belongings.
When you file for bankruptcy it creates a "bankruptcy estate," which
Once you determine that filing for bankruptcy protection is the right debt-relief solution for you, it is important to explore which chapter of personal bankruptcy would be of most benefit to you. Every bankruptcy case is unique and your specific
For many of our clients bankruptcy at first feels like a scary thing, but once they understand the protections and benefits of bankruptcy they feel much more comfortable with their decision to file. Bankruptcy is a financial decision and a
Bankruptcy offers many protections to filers, as well as the opportunity to have a fresh start debt-free. The trade-off is that the bankruptcy process requires disclosure of your debts, assets, income, expenses, and other information about your financial affairs.
If you are exploring if filing for bankruptcy protection is right for you, you may be wondering what type of bankruptcy is right for you. The United States Bankruptcy Code creates "chapters" of bankruptcy:
Chapter 7: Liquidation Under the Bankruptcy