Chapter 7

Filing bankruptcy is never the easy choice. Families and individuals that choose bankruptcy typically do it after heavy consideration and a period of long financial struggle. True, bankruptcy is one way to receive a fresh financial start, but it may not be the right...

Financial struggle has a way to beat us down. Debt and the stress that comes along with it can impact nearly every aspect of our lives. Knowing that financially based arguments are one of the main contributors to divorce, it should come as no surprise that...

For nearly half of all marriages, divorce is an inevitable fate. Many of those divorces are the result of years spent arguing over finances. In fact, an estimated 22 percent of all divorces are caused by financial frustrations between spouses. While many couples may...

By the time most Americans have decided to file for bankruptcy, their finances are so out of control that simply paying the filing fee may seem possible. For these many bankruptcy filers, the notion of filing pro se, or without an attorney, may seem like an...

Chances are, if you are considering filing for Chapter 7 bankruptcy, you are pretty well aware of how involved a process it is. Hopefully, you have already spoken with a bankruptcy attorney and determined your eligibility to file Chapter 7. However, if you have not,...

We are used to hearing how the growing costs of higher education can negatively impact today's young people. Many newly graduated individuals find it increasingly difficult to get on their feet with sometimes hundreds of thousands of dollars in loans. In an attempt to...

Although the decision to file Chapter 7 bankruptcy is a big one, many individuals do not realize just how much work goes into the actual filing. There are quite literally dozens of pages that have to be filed after the initial petition. Regardless of how simple or...

When a married individual chooses to file bankruptcy, it doesn't always mean that both spouses file jointly. There are certain situations which make it more beneficial for just one spouse to file bankruptcy. In the event one spouse files for Chapter 7 bankruptcy, it...

Chapter 7 bankruptcy can be a very appealing form of bankruptcy to file. It discharges a good portion of the filer's debts completely, almost guaranteeing a fresh start and another chance at financial solvency. However, because this type of bankruptcy leaves some...

When you are looking into a fresh start, it may be disappointing to find that in any bankruptcy ruling there are certain debts that just won't ever go away. These debts are called nondischargeable debts and while you may wonder what the benefit of bankruptcy is if you...