It is not uncommon for a business to run into financial difficulties at some point. If you find your company in this position, you have a few options. Once you consider everything else, you may want to learn more about Chapter 11 bankruptcy. Although the Chapter 11...
Month: February 2016
Can you get an unsecured credit card after bankruptcy?
If you find yourself going through the Chapter 7 bankruptcy process, it will not be long before you wonder what the future holds. More specifically, how will you get your finances back in order once everything is in the past? Many people are under the impression that...
Try debt management before bankruptcy
There may come a time when you believe that bankruptcy is the only way to escape your financial troubles. While this could be the answer you have been searching for, it is important to realize that you have other options. For example, debt management may be the right...
The ways bankruptcy can help with foreclosure
Have you fallen behind on your mortgage payments? Are you concerned that your lender will begin the foreclosure process in the near future? Most lenders don't want to repossess homes. They are in the business of lending money, not selling homes. Even so, if you don't...
What happens if you miss a Chapter 13 repayment?
When you decide in favor of Chapter 13 bankruptcy in Tennessee, you realize that you will pay back some or all of your debt through a repayment plan. This typically lasts three or five years, and as long as you make your payment in full and on time you don't have...