Should You File For Bankruptcy?

One of the questions you will likely have when you have a lot of debt is if you should file for bankruptcy.  There are good and bad times to use bankruptcy, and it helps to know those situations so that you do it right. You Have A Lot Of Debt One thing that people do not realize is that it costs money to file for bankruptcy. You have to pay for filing fees, lawyer fees, and other costs associated with the bankruptcy, which may not make the hit on your credit worth it. Read More 

Tips To Help You Get Through A Chapter 13 Bankruptcy Plan

When you file a Chapter 13 bankruptcy case, you will be in for the long haul. A Chapter 13 case typically takes five years for the average person to complete, and you will not receive all the relief you need until you complete the plan. While five years is a long time, it is not forever. If you handle your case correctly, you can get through it without too much trouble. Read More 

4 Things You Can Expect From A Chapter 7 Bankruptcy Case

Most people seeking bankruptcy advice do not know a lot about filing for Chapter 7. Yet, they might need help eliminating their debts, and they turn to bankruptcy attorneys for assistance. If you are considering Chapter 7 bankruptcy, learning the following four things to expect might help you decide if Chapter 7 is right for you. 1. To Receive an Automatic Stay One thing you should expect with a Chapter 7 case is to receive an automatic stay. Read More 

What To Do If Your Forget To List A Debt On Your Bankruptcy Papers

Chapter 7 bankruptcy is one tool for escaping the mountain of debt you may be toiling under. However, the bankruptcy court can only eliminate eligible debt reported on the petition. Anything not included on the list of creditors will continue to be owed after the case concludes, which can potentially inhibit your financial recovery. It's not the end of the world if you forget to include someone, though. Here are two things you can do if you find you inadvertently left a creditor off your bankruptcy schedules. Read More 

How Bankruptcy Helps You Gain Control Over Your Financial Future

Debt can begin to overwhelm your life to the point that you can't pay everything you need to on time. Once you are late with bills and collectors start to call, the stress of your declining credit score and constant harassment only makes the problem worse. Bankruptcy can help you gain control over your finances so that you can move forward financially and get back on top of your finances. Even if you have debt you can't write off, the unsecured debt you can discharge will help reduce the amount you have to pay monthly on your overall debt. Read More