If you are overwhelmed with debt filing for bankruptcy may provide some relief. Bankruptcy can allow a debtor to restructure his debt and regain financial health. Typically, there are two types of bankruptcy available to a debtor, Chapter 7 and Chapter 13. ... Read full article
If you are overwhelmed with debt, filing for chapter 13 bankruptcy may provide some relief. Chapter 13 provides debtors with an opportunity to restructure their outstanding debt and restore their financial health. Furthermore, in some situations chapter 13 ... Read full article
If you are overwhelmed with debt filing for Chapter 13 bankruptcy may provide some relief. Chapter 13 allows a debtor to restructure his debt, which can significantly improve a debtor’s financial position. However, there are many consequences, which can ... Read full article
Bankruptcy may provide some relief to a borrower under financial stress and overwhelmed with debt. Typically, there are two types of bankruptcy available to a debtor, Chapter 7 bankruptcy and Chapter 13 bankruptcy. The requirements and benefits offered by ... Read full article
People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy. This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with ... Read full article
Chapter 13 bankruptcy may provide some relief to borrowers overwhelmed with debt. Often, the most significant benefit that bankruptcy offers is the discharge of debt. The discharge releases the debtor from all debts included in the bankruptcy. Under ... Read full article
One of the main benefits sought in bankruptcy is the discharge. In most cases a petitioner will need to fulfill the terms of the bankruptcy before being eligible for a discharge. There are numerous requirements debtors must fulfill before being eligible ... Read full article
The stagnant economy and depressed housing market has created a huge financial burden for millions of Americans. Many Americans are unemployed and having a difficult time keeping up with their debt obligations. Furthermore, declining home values are ... Read full article
A Chapter 7 bankruptcy may provide a person inundated with debt some relief. A Chapter 7 bankruptcy gives the debtor an opportunity to liquidate certain assets in exchange for a discharge from debts owed. Creditors included in the bankruptcy will be ... Read full article
When a business is struggling to meet its debt obligations filing for Chapter 11 bankruptcy may provide some relief. Chapter 11 allows businesses the opportunity to restructure their debt without having to liquidate any of their assets. Furthermore, as ... Read full article
