Chapter 7 bankruptcy Both businesses and individuals file Chapter 7 bankruptcy. Chapter 7 allows for the liquidation of your debts and...

Can bankruptcy affect your estate planning? Yes. Whether you file for Chapter 7, Chapter 11 or Chapter 13, there are ways in which...

When bankruptcy doesn't make senseGoing through bankruptcy is a serious matter: Legal fees and court costs can reach into the thousands...

File for bankruptcy if: You’re about to lose your home If you’ve fallen far enough behind on your mortgage payments that you’re in danger...

Filing for bankruptcyFiling for bankruptcy is a decision that should not come easily. It’s important to first research your options if...

What happens when a debt is discharged? The debt that is discharged goes away and can no longer be collected by creditors. Creditors will...

Work on your credit scoreFiling for bankruptcy will significantly lower your credit score and make it more challenging to get approved...

Why you might consider debt relief When you’re bogged down by huge debt, it can leave you overwhelmed. You might not see any way out for...

Married couples must both file One major misconception about bankruptcy is that married couples must file together when one spouse needs...

The automatic stay in bankruptcy Whether a person files a Chapter 7 or a Chapter 13 bankruptcy petition, an automatic stay will go in...

How hard is it to get a bankruptcy certificate? Everyone’s experience is subjective. Generally speaking, the bankruptcy certificate...