No one wants to be in a position where they must file for bankruptcy, and no one sets out to get in over their head financially. Unfortunately, sometimes circumstances outside their control need some help. However, those who find themselves in a position where they...
Suppose you are struggling with significant debt due to a serious illness, job loss, a divorce or another unexpected life situation. In that case, filing bankruptcy may present a beneficial way to find financial relief. However, you might worry about losing your house...
Having a lot of debts can be overwhelming and pressuring. However, you can get this financial pressure off your shoulders by filing for Chapter 7 or Chapter 13 bankruptcy. Both of these chapters can offer you debt relief, but they are different in how they work. The...
Filing for Chapter 7 bankruptcy may be the best solution to eliminate overwhelming debts and start anew. Chapter 7 bankruptcy discharges the debts you have left after selling as much property as possible to repay the creditors. Sometimes you’ll have to make sacrifices...
There is no telling what kind of hard challenges life will throw our way. Sudden medical hardships and unexpected disasters can even cause people with strong financial skills to suddenly become penniless. Bankruptcy attorneys know how to help people overcome their...
Through no fault of your own, you may find yourself enduring financial difficulties. If you’re behind on payments or have mounting debts, you might be considering bankruptcy. Filing can provide you the relief you need within a short period. Yet you may lack the...
If you're considering filing for Chapter 7 bankruptcy, it's essential to know what the various steps are in the process. One of the most important ones is the 341 meeting. The name refers to a section of the bankruptcy code. This meeting is held with your...
Many Americans are dealing with medical debt they simply can't pay off. Even people with health insurance often have substantial deductibles, co-pays and large amounts of their bills that their plans don't cover. As medical debt increases, hospitals are more...
Two of the most important things that Chapter 7 bankruptcy does is allow you to discharge many of your debts and stop creditors from trying to collect on debts during the pendency of the bankruptcy proceedings. The latter is accomplished by an automatic stay. Under...
You've made the decision to file for bankruptcy. You've determined that it's the best option for dealing with your debts and getting a fresh start. You'll be busy with the bankruptcy process and adjusting to the changes in your life that come along with it. At some...