Filing for bankruptcy is a step you may not be able to avoid. Perhaps your debts have gotten out of control, or maybe your business is no longer profitable. Whatever the reason is, you need to choose the right kind of bankruptcy for you. Here are 15 facts about Chapter 7, 11, and 13 bankruptcy, so you can make a better choice. What Is Chapter 7 Bankruptcy? When you consider bankruptcy, this is the type you're probably thinking of.
13 February 2015
You may be feeling the sting of having to file bankruptcy already, but the idea of having to see your car taken away will feel like an additional kick in the stomach. It is true that a lot of people will lose their vehicles when they are in the middle of a bankruptcy proceeding, but this is not always the case. There may be a possibility you can hang on to that car that is sitting in your drive.
13 February 2015
Making the decision to file for bankruptcy is not an easy choice. There is a level of pride that comes from being able to make your own way in this world. Sometimes, however, debts can be so out of balance with the money you bring in that you can't pay them. When this happens, you can find relief by filing for bankruptcy. Choosing a good bankruptcy attorney can be much trickier than simply dialing the name of a lawyer advertised on the internet.
11 February 2015