Bankruptcy may sound like a good idea, but it is not something you get involved with until you know exactly how it will impact your life. While bankruptcy may make sense for some people, others find that they are better off with an alternative, such as debt...
Month: December 2015
Don’t lose your home, file for Chapter 13
There is nothing more difficult than the thought of slipping behind on your mortgage payments. When this happens, it won't be long before you hear from the bank. They want to know what happened and when you are going to catch up. While some people are able to get back...
Debts that cannot be discharged under Chapter 7 bankruptcy
When you file for Chapter 7 bankruptcy, you go into the process with the hope that all of your debt will be discharged. While this holds true with most unsecured debt, there are some types that are immune to the bankruptcy process. Here is a list of the debts that...
Do you believe these bankruptcy myths to be true?
There is a lot of gray area when it comes to bankruptcy and how it will impact your life. It is imperative to separate fact from fiction so that you make the best decisions based on your personal situation. Below are several bankruptcy myths that can make the process...
Qualifying for Chapter 13 bankruptcy
Are you interesting in filing for Chapter 13 bankruptcy? If so, you must first understand two things: -- If you are eligible to file -- How this will change your financial situation Most people who don't qualify for Chapter 7 soon find that they are eligible for...