Bankruptcy

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Bankruptcy FAQ

Alexandria Legal Blog

Is it time to file for bankruptcy?

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...

Considering bankruptcy? Ask yourself these two questions

The decision to file for personal bankruptcy protection is up to the individual. Ultimately, you must decide whether bankruptcy is what you need to take care of your debt and hit the reset button on your financial problems. This is not a decision to take lightly, but...

I have decided to file for bankruptcy; now what?

Coming to terms that you need to file for bankruptcy is the first step in securing your financial freedom. You and more than 700,000 other people make this same important decision every year. But now that you've made this decision to file for bankruptcy, what comes...

Yes, you can buy a home again after bankruptcy

A common myth about personal bankruptcy is that it ruins your credit score for the rest of your life. Some people have the wrong impression that someone who goes through Chapter 7 or Chapter 13 bankruptcy will never get approved for a mortgage, business loan or credit...

5 things you should know before filing for bankruptcy

People sometimes put off filing for bankruptcy far longer than they need to. They worry about the stigma and how bankruptcy will affect their future. Although you should not take the decision to file for bankruptcy lightly, there is no reason to wait to find out your...

Important factors to consider before filing for bankruptcy

It's up to you whether or not to file for Chapter 7 or Chapter 13 bankruptcy. Your choice can have serious consequences for your financial future, as well as your peace of mind. Before deciding if personal bankruptcy is the right decision for getting rid of your debt,...

Could Bankruptcy Give You a Fresh Start in the New Year?

2020 has been a year of trials. From lockdown measures to soaring unemployment, Americans the country over are looking for ways to turn their financial futures around in the new year. What many Americans do not consider is filing for bankruptcy. Despite its negative...

How Long Does Bankruptcy Affect My Credit?

One of the many myths surrounding bankruptcy is that it permanently affects your credit score. While it’s true that your score can take a hit right after filing, many people are able to recover their score and end up in good standing again eventually. But how long...

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