When you are filing bankruptcy, sometimes the timing will make a difference in the benefits you receive from the bankruptcy. If you are facing foreclosure, eviction, wage garnishment, vehicle repossession or your utilities...
Besides the obvious of eliminating all qualifying debt, there are certain advantages to different types of personal bankruptcy. The two chapters of the bankruptcy code that benefit consumers are Chapter 7 and Chapter 13...
Usually, one of the first things people think of when filing bankruptcy is ruining their credit rating. While it’s true, the bankruptcy will stay on your credit report for up to 10 years; filing bankruptcy won’t...
If you are considering filing bankruptcy and worry you may lose your retirement funds to pay your creditors, know that most states consider these accounts completely exempt. The Bankruptcy Abuse and Prevention and Consumer...
In 2005 the Bankruptcy Abuse and Prevention Act went into law. This act made filing bankruptcy more complicated than it had been before. The credit card companies heavily lobbied for stricter requirements for filing...
