“Is bankruptcy right for me?” It’s a common question, and the truth is, bankruptcy may actually be the best way to get a fresh start on your finances. But whether or not you should file really depends on your circumstances. If you are wondering whether to file bankruptcy or not, a bankruptcy attorney can help you weigh
Most people go into a bankruptcy seeking to discharge their debts through Chapter 7, but Chapter 13 may be the best option for you depending on your circumstances. If you make too much money to file Chapter 7 or want to keep all your property, it’s the way to go. Filing a Chapter 13 repayment plan to
Chapter 7 bankruptcy and Chapter 13 bankruptcy are wildly different. Not only is the filing process different, but the way that the bankruptcy discharges your debts is also different. In most cases, people prefer to file for Chapter 7. But there are some instances in which Chapter 13 is the preferred form of bankruptcy. In this article,
Your home is probably your most important asset. When you fall into debt, creditors can apply pressure by putting a lien on your home. There’s also the chance that you fall behind on mortgage payments and the bank is threatening foreclosure. At this point, you have a couple of options available to you that will save your
Section 341 of the bankruptcy code stipulates that those who have filed for bankruptcy are required meet with the bankruptcy trustee and their creditors in what is known as the 341 meeting of creditors. While the name has a slightly clinical and authoritative tone to it, it’s generally not as bad as it sounds. The trustee leads
