2016 Featured News

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How Bankruptcy Affects Your Credit Score

Most people who consider filing Chapter 7 or Chapter 13 bankruptcy ask, "How will filing bankruptcy affect my credit score?" Although a bankruptcy is a negative mark on your credit report, ...
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Holiday Debt and Bankruptcy

During the holidays, bankruptcy attorneys are less busy than usual. Debtors don't want to deal with the stress of filing bankruptcy during what's supposed to be a cheerful holiday season, ...
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Means Test for Chapter 7 Bankruptcy

Debt can affect people emotionally and even physically. If you can't pay your car payment or your mortgage, you may start wondering, "Will the lender repossess my car?" Or you may stay ...
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Can My Social Security Benefits be Garnished?

If you're on Social Security Disability, or if you're receiving your Social Security retirement benefits and you're having financial trouble, you may wonder, "Can creditors garnish my ...
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Bankruptcy FAQs

Are you struggling to make ends meet? Do your regular bills exceed your monthly income? If you are having financial problems and it seems like there is no end in sight, you may want to consider filing ...
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Are You Considering Bankruptcy?

Are your monthly bills more than your monthly income? Have you stopped paying on your credit cards so you can have money for basic necessities, such as gasoline, food, and housing? If your answer is ...
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What Counts as Bankruptcy Fraud?

In the vast majority of cases, when an individual or a married couple ends up in overwhelming debt, they arrived there due to circumstances that were beyond their control, such as a sudden job loss, a ...
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Student Loan Debt and Chapter 13 Bankruptcy

If you have student loan debt and you're having difficulty meeting your financial obligations, you may be wondering, "Can I include my student loans in bankruptcy?" Except in very ...
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Debt Settlement or Chapter 7?

Have you maxed out your credit cards? Have the minimum payments become so high that you cannot afford them? Perhaps you have not been able to keep up with your minimum payments and the interest and ...
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How Many Times Can I File Bankruptcy?

If you filed bankruptcy in the past and you fell on hard times, you may be wondering if and when you can file bankruptcy again. Is it possible? Yes, but it all has to do with timing. Technically, ...
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Repairing Credit After Bankruptcy

For individuals and married couples who are struggling with overwhelming debt, often the most difficult part of filing bankruptcy is making the decision to file in the first place. As debtors ...
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What is Chapter 9 Bankruptcy?

If you are a consumer debtor who is interested in filing bankruptcy, you will most likely file a Chapter 7 or Chapter 13 bankruptcy depending upon your income and the types of debts that you have. You ...
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What Do I Have to Pay Under a Chapter 13?

Consumer debtors who wish to file bankruptcy usually file either a Chapter 7 or a Chapter 13 bankruptcy. While a Chapter 7 may be preferable because it can "wipe out" many types of debts, ...
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Erasing Credit Card Debt in a Chapter 7 Bankruptcy

If you have a significant amount of credit card debt and you're having difficulty paying your bills, you may want to consider filing a Chapter 7 bankruptcy. With a Chapter 7, debtors can discharge ...
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What is Bankruptcy Fraud?

For honest individuals who are overwhelmed by debt, filing for bankruptcy can be a lifesaver, especially when their debt was a result of a divorce, unemployment, an accident, illness or disability. ...
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Should You Avoid Credit Cards After Bankruptcy?

If you're like a lot of people, you may owe thousands in credit card debt. Perhaps you lost your job and had no choice but to take out cash advances to pay for gas and other basic necessities, or ...
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Can Taxes Be Wiped Out in Bankruptcy?

You may have seen commercial promising to greatly reduce tax debts. If you're unemployed, underemployed or experiencing a great financial hardship, you may be wondering if there is another way. ...
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Federal Bankruptcy Exemptions

If you are contemplating filing bankruptcy, you may be wondering, "Will I lose my property if I file?" This is a perfectly normal question and one that comes up in the minds of virtually ...
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Which Comes First, Bankruptcy or Divorce?

Bankruptcy and divorce frequently go hand-in-hand. Often, financial problems caused so much strain on a marriage, that the couple decided to divorce. Or, the couple headed straight to the bankruptcy ...
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What is the Bankruptcy Discharge?

One of the reasons why people file for bankruptcy is because of the "bankruptcy discharge." What is the bankruptcy discharge, and why are so many debtors drawn to it? The bankruptcy ...
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