It is not unusual for many people who have gone through a bankruptcy to give up their home. It may be that they had to relinquish their apartment because of arrears. Or, in some cases even home owners who have no equity in...
The whole purpose of bankruptcy is to bring financial relief to individuals who have no other options available to them. It is not designed to increase their hardship. For those with disabilities they can easily end up in a...
The means test is part of the bankruptcy process, and it is used whether you are filing under chapter 7 or chapter 13. There is plenty of confusion, and a lack of knowledge, about the means test that has caused both lawyers...
Claiming bankruptcy is a big step and one that comes with mixed emotions. At first there is a lot of apprehension as to whether it is the right decision. Then there are concerns as to what is involved and what you may lose....
The most common types of bankruptcy are Chapter 7 and Chapter 13, but there is also a Chapter 11. The Chapter 11 is strictly for business and is far more complicated. It is more geared towards reorganizing the debt. The...
