Bankruptcy can save your home, stop creditor harassment, and give you protection against the worst possible financial situations. Many downplay the reasons for filing bankruptcy. Yes, bankruptcy is not always the best option, but it’s definitely better than many of the alternatives. Is Bankruptcy the Best Option? This is a decision you do not have [...]
The cost of bankruptcy can be scary. Once you have determined that a bankruptcy filing is the best solution for your situation, you should decide what form of bankruptcy to file and review the cost of bankruptcy for each form. Fortunately, there are a few things that you can do to substantially lower the cost. [...]
When an individual declares bankruptcy, he or she has the option to declare under either Chapter 7 or Chapter 13 of the federal code. While the desired result for both is to make an individual’s debts more manageable, the two chapters achieve this end in very different ways. For Chapter 13, an individual has an [...]