Chapter 7's big advantage is that it's quick. Chapter 13's big advantage is that it buys you more time to do what you want or need to do.
Using a credit card shortly before filing bankruptcy doesn't seem right. The law agrees. Writing off this kind of debt can be a problem.
How to know whether to delay filing bankruptcy when you're expecting new medical services and their medical debts? Here are two examples.
This 4th of July follow the Declaration of Independence and claim your right to "Life, Liberty and the pursuit of Happiness."
Prevent your trustee from giving you a big headache if you paid a debt to a friend or relative during the year before filing bankruptcy.
Here's how the debtor and creditor get at the facts in an adversary proceeding about whether a debt gets discharged.
This 4th of July make your move towards financial freedom. Get informed. You'll feel tons better once you know your options.
Chapter 13 can be an effective way to keep or unload business and investment real estate.
If your debts are not "primarily consumer debts" then you may be able to qualify for Chapter 7 bankruptcy much more easily.
Which of the two consumer bankruptcy options is better for you if you have lots of unsecured debts depends on the kind of unsecured debts.
Bankruptcy empowers you with options, including "straight bankruptcy" vs. an "adjustment of debts," and options about creditors in each.
Chapter 11 is a powerful way to address a business debt crisis, but because of its detriments must be used extremely selectively.
Would your small business thrive if you could just get some relief from your creditors? Especially the tax collectors? Consider Chapter 13.
You're stuck. Very unhappy about your financial predicament but don't know where to turn. So, resolve to get help in finding a solution.
To make any important decision wisely, you first need to become well-informed about your options. Then you can weigh those options and make the best choice.