The first step in filing for Chapter 7 bankruptcy is to confirm that you qualify for the form of bankruptcy many people prefer. The means test essentially considers your income against how many people are in your household, as well as questions about your debts and...
Chapter 7
CONSIDER THE BENEFITS OF FILING BANKRUPTCY
Anyone who has experienced issues with money knows how stressful it can be. You may feel like you don't make enough or struggle with paying all of your bills. Those who have managed to land on their feet and avoided seeking legal help were lucky, but there are many...
YOUR STUDENT LOANS MAY BE DISCHARGEABLE
When a person decides to file for Chapter 7 bankruptcy, there are several ways they benefit. The most important of these is that they get out of debt, but they also tend to feel a bit of relief from the stress they have been experiencing as a result of the amount of...
WHY IS LOSING CREDIT CARDS NOT A CON OF CHAPTER 7?
People who are in debt may struggle with finding a solution to their money problems. While some people are able to get out of debt on their own, others may have to file Chapter 7 or Chapter 13 bankruptcy. Of course, filing Chapter 7 will give them the debt relief they...
CAN INCOME AFFECT A PERSON’S ELIGIBILITY TO FILE FOR CHAPTER 7?
Many people who file for Chapter 7 view it as a way to get out of debt and put an end to the financial challenges they have been experiencing for quite some time. Although it is a common option that many turn to when their debt gets out of control, there are certain...
EFFECTS CHAPTER 7 BANKRUPTCY WILL HAVE ON YOUR FINANCES
There are many people who have found themselves faced with financial challenges. From credit cards to student loans and medical bills, there are a number of reasons people are swimming in debt. Many of those who have fallen behind on bills and started to feel...
HOW AN AUTOMATIC STAY BENEFITS DEBTORS
Many people who have found themselves drowning in debt have turned to bankruptcy. It is no secret that bankruptcy has many benefits, the most appealing is that you will have your debts cleared. Your debts being erased is a huge plus to filing bankruptcy, but...
HOW AN AUTOMATIC STAY BENEFITS DEBTORS
Many people who have found themselves drowning in debt have turned to bankruptcy. It is no secret that bankruptcy has many benefits, the most appealing is that you will have your debts cleared. Your debts being erased is a huge plus to filing bankruptcy, but one...
IS IT TIME TO THINK ABOUT BANKRUPTCY?
In the old days, a bankruptcy was thought of as a failure. You would be marked with the metaphorical scarlet letter, refused credit and shunned by the system. Those were the old days. Now the stigma associated with bankruptcy has all but disappeared and it's...
IS IT TIME TO THINK ABOUT BANKRUPTCY?
In the old days, a bankruptcy was thought of as a failure. You would be marked with the metaphorical scarlet letter, refused credit and shunned by the system. Those were the old days. Now the stigma associated with bankruptcy has all but disappeared, and it's...