Reaffirmation is an agreement you make with your creditors to remain legally obligated to the debt during your bankruptcy case. Usually, this debt could have been eliminated during bankruptcy. When It’s a Good Idea It may...
When you are considering bankruptcy, it is good to know a little about the legal actions you are about to take. If you know a bit about what to expect, the whole process will be less intimidating. Chapter 7 bankruptcy is the...
For consumers, there are two common types of bankruptcy. Chapter 7, the liquidation bankruptcy, and Chapter 13 the reorganization bankruptcy. Chapter 7 Chapter 7 bankruptcy is the fastest and easiest form of bankruptcy. This...
As a result of filing bankruptcy, the negative mark can remain on your credit history for up to ten years. It is unpredictable how long it will affect your ability to get credit. Often you will start to receive credit offers...
In most cases, you lose little to no property when you file bankruptcy. When people think of “going bankrupt,” they think they will lose their property and be homeless. This is not the case; everyone who files bankruptcy...
