If you are an individual facing the harsh realities of bankruptcy, you want to prepare yourself for the oncoming tide. Knowing the difference between the types of bankruptcy and being able to discriminate between their...
Many people assume that the best type of bankruptcy for their debt situation is debt elimination through Chapter 7. While Chapter 7 does have its benefits, it isn’t for everyone. There is much to be gained in a Chapter 13...
Although most debtors assume they want complete debt elimination from a Chapter 7 case, there is much to be gained by filing for Chapter 13 instead. The problem most people see with Chapter 13 is the repayment requirement,...
People often wonder why a Chapter 13 bankruptcy takes longer than a Chapter 7. Typically, a person filing for Chapter 7 can receive a debt discharge within 6 months; whereas a person in Chapter 13 may take up to five years...
The myths associated with filing for bankruptcy cover everything from asset liquidation to a damaged reputation. The problem with misconceptions about the process is that it hinders people from taking advantage of the...
