Death and Bankruptcy The average person files for bankruptcy receives their debt discharge and moves on with their life. They are happier and financially healthier than ever before and bankruptcy allowed them to get a fresh start in life. But in some rare cases, the person filing for bankruptcy dies before the process is complete. […]
Bankruptcy from Home Have you been served with notice that a creditor is suing you for repayment of a debt? Filing for bankruptcy from home could be the best option you have for dealing with the problem. A lawsuit is the last step before aggressive action is taken against you to collect a debt. If […]
Bankruptcy at Home Filing for bankruptcy at home is one of the best ways to get relief from debt. Not only does filing stop the aggressive collection efforts against you, but it also gives you a fresh financial start. It’s a tool you can use to create long-term financial change in your life. But what […]
Preferential Transfer When you file for bankruptcy, the bankruptcy court determines the order of payments. This is true for both Chapter 7 and Chapter 13 bankruptcy. Some debts have high priority. You pay them, in full or in part, after liquidating your assets or through your payment plan. Other debts are low-priority. You pay them […]
Bankruptcy Case Dismissed There are two possible outcomes for those filing for bankruptcy. It doesn’t matter if you qualify for Chapter 7 or Chapter 13, the result of bankruptcy is either debt discharge or having your bankruptcy case dismissed. The former is the goal, the latter is a risk of things not working out as […]
Should I File for Bankruptcy? If you’re considering bankruptcy and you feel as if you’re the only person in the world struggling with financial obligations, you aren’t alone. Not only are you not the only person, but you also aren’t the only one who feels this way. Financial challenges that are severe enough to consider […]
How to Declare Bankruptcy Bankruptcy is a last resort for many who file. After attempting to clean up a messy financial situation with other options, people with credit problems turn to bankruptcy, knowing it offers a drastic solution to a significant financial crisis. But until they reach they point many people don’t know how to […]
Medical Bankruptcy Healthcare costs are one of the biggest expenses modern-day Americans face. It leads many people to wonder if medical bankruptcy is an option. Even people who have health insurance often find themselves in serious debt after dealing with a medical crisis. And because of this, unpaid medical bills are one of the primary […]
Bankruptcy Secrets Did you know that knowing just a few of these often-unknown bankruptcy secrets can help you with filing? Bankruptcy isn’t necessarily something people want to achieve. Instead, it’s a helpful tool to use when your financial situation takes a turn for the worse. Under US law, you have a right to file for […]
Does Bankruptcy Take a Long Time? If you’re facing financial challenges and ongoing harassment by creditors, the last thing you want to hear is that it’s going to take a while to resolve the problem. And while there’s no such thing as a quick fix when it comes to debt, some solutions take longer than […]
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