Car loans are one of the tricky types of loans to get discharged in bankruptcy. The reason is that they are secured loans, meaning the car itself is secured against the loan as collateral. If you default on the loan the...
When it comes to the decision to file for bankruptcy, you may think there isn’t much difference between Chapter 7 and Chapter 13. In fact, your financial situation is as unique as the risks and benefits associated with...
Who wouldn’t say “yes” to this question? However, there are instances in which people need help repaying their debts and have not been successful on their own. If you can afford to repay your debts through...
Changes made to the bankruptcy laws in 2005 made it more difficult for some people to qualify for Chapter 7 bankruptcy. For those that do not qualify for debt elimination, they can absolve their debts through a Chapter 13...
Filing for Chapter 13 bankruptcy can provide a debtor a chance to repay their debts over time while protecting their assets. Many people who file for bankruptcy protection may not qualify for debt elimination through Chapter...
