How to avoid getting tripped up in a trap set by Congress supposedly to prevent bankruptcy abuse.
You can file a new bankruptcy immediately after finishing another one, but why would you?
You can file a new case 8 years after filing before (so, now or very soon), or possibly only 6 or 4 or 2 years after, or maybe even with no delay.
Chapter 7 can legally write off some business-related taxes, and put you in a good position to take care of the rest.
Chapter 7 gives you a fresh financial start by legally erasing your debts. That's enough if your debts are simple ones.
The risk that creditors will not allow you to discharge some of their debts can be minimized through smart timing of your bankruptcy.
It's human nature to hold off filing bankruptcy until after the holidays. Here's what you need to know once you think again about filing.
One advantage of filing a Chapter 13 case is that you can get out of it at any time. But what happens if you do dismiss your case?
Finding the best way out of this seeming Catch-22 depends on a full understanding of your unique situation and your goals.
Filing bankruptcy with or without your spouse affects the discharge of debts you each receive, and also affects whether you file under Chapter 7 or 13.
The most respected early commentator on the Constitution fills in some historical gaps about bankruptcy and leads it in a better direction.
If you were already on the financial edge and just found out you owe a bunch of income taxes, here is how bankruptcy can help.
If you need bankruptcy protection but already filed a bankruptcy case within the last few years, you may still be able to file a new one now.
If you and someone else jointly owe a debt, bankruptcy can protect you against the debt and against your co-signer. Or if you want, bankruptcy can protect your co-signer.
Bankruptcy protects your paycheck because it's more powerful than a creditor's garnishment court order.