Bankruptcy
Debt Relief
Property & Assets
Bankruptcy FAQ
Bankruptcy can offer relief to people overwhelmed by debt, but deciding when to file can be challenging. Understanding the difference between Chapter 7 and Chapter 13 bankruptcy can help individuals determine the right time to consider this option. Signs it may be...
Filing for bankruptcy can significantly impact credit scores, but the type of bankruptcy filed—Chapter 7 or Chapter 13—may influence the extent and duration of the impact. Individuals considering bankruptcy should understand how each option affects their financial...
Facing the threat of vehicle repossession can be overwhelming, especially if the car is needed for work or other essential activities. Filing for Chapter 13 bankruptcy can be a powerful tool to prevent repossession and help manage overwhelming debt. How Chapter 13...
Filing for Chapter 7 or Chapter 13 bankruptcy can feel like hitting the reset button. Though the process may feel overwhelming, life after bankruptcy can bring a fresh start. These practical tips can help you get back on solid financial ground. 1. Create a realistic...
When facing foreclosure, homeowners often consider filing for bankruptcy to save their home. This is because filing for bankruptcy places an automatic stay on all debt collection activities against you. The two most common types of bankruptcy for consumers are...
Chapter 7 bankruptcy offers individuals a way to eliminate most of their unsecured debts and start fresh. Also, it may involve liquidating certain assets to repay creditors. Filing can relieve the burden of overwhelming debt. What does it mean to reaffirm a debt?...
The length of time a bankruptcy case takes varies based on whether you file for Chapter 7 or Chapter 13. Each option has specific processes, which impact the timeline. What’s the time frame for a Chapter 7 bankruptcy? Chapter 7 bankruptcy, often called a "fresh start...
Medical debt and healthcare costs can be overwhelming. These costs leave many individuals stressed and struggling to manage their finances. Bankruptcy can be essential in relieving these burdens and offering a fresh financial start. Discharging medical debt One of the...
Filing for bankruptcy can be a stressful and complicated process. One of the critical concerns is how it affects the co-signers of your loans. Understanding the implications of bankruptcy for these individuals is essential. What is a co-signer? A co-signer guarantees...
Chapter 7 bankruptcy, often referred to as "liquidation bankruptcy," can be a daunting process. Yet, it's important to know that not everything you own is at risk. Certain exemptions ensure that you can keep some of your property. Homestead exemption One of the most...