Bankruptcy Law

Can I File for Bankruptcy without My Spouse?

Monday, December 30th, 2019

If you’re thinking about filing for bankruptcy, one of the first things that you need to decide is whether you’re going to do so as an individual or whether you and your spouse are going to file together. You can file for bankruptcy on your own even if you are married, but you do want...  read more

Which Is Better: Chapter 7 Bankruptcy or Chapter 13?

Saturday, November 30th, 2019

If you’ve decided you need to file for bankruptcy, you may wonder which option is better, Chapter 7 or Chapter 13. One option isn’t better than the other. In fact, both can be excellent options in certain situations. It all comes down to your personal situation and what you need out of your bankruptcy. In...  read more

Can I Cancel My Bankruptcy?

Friday, November 15th, 2019

If you’ve filed for bankruptcy, but later get a better paying job or decide that it’s not the solution you thought it was, can you cancel it? Bankruptcy is a court process, and it does take time. During that time, your financial situation can change. Fortunately, in some cases, it is possible to cancel your...  read more

How Does Business Bankruptcy Differ from Personal Bankruptcy?

Tuesday, October 15th, 2019

If your business is suffering, you may be considering filing for bankruptcy. While business bankruptcy and personal bankruptcy both serve as a way of reducing, restructuring, or eliminating debt to make it easier to become financially stable, the two processes are slightly different. Here are a few of the key differences between personal and business...  read more

What Is the Bankruptcy Means Test?

Monday, September 30th, 2019

If you’re thinking about bankruptcy, one of the things you need to know about and understand is the bankruptcy means test. This is the test that determines if you are eligible for Chapter 7 bankruptcy. If you are, then you can have some of your debt forgiven. If you are not, you have to file...  read more

Understanding Bankruptcy Fraud

Thursday, August 15th, 2019

Filing for bankruptcy can be a good option for a number of people, but the process only truly works if you’re completely honest about your financial situation and your assets. If you’re not, you’re committing bankruptcy fraud, and that can lead to a number of large fines or even jail time. But what is bankruptcy...  read more

How Does Bankruptcy Affect Student Loans?

Monday, July 15th, 2019

If you’re thinking about filing for bankruptcy, you need to understand how it will affect all of your debt. This includes your student loan debt. While it’s often very difficult to have your student loans wiped away during Chapter 7 bankruptcy, it’s not completely impossible. However, it is important that you go into the bankruptcy...  read more

Bankruptcy Isn’t Always a Sign of Financial Irresponsibility

Saturday, June 15th, 2019

If you’ve filed for bankruptcy in the past, you probably told as few people about it as possible. Almost everyone sees bankruptcy as an embarrassment and as a sign of financial failure. After all, declaring bankruptcy does appear to be tantamount to saying that you’ve been so horrible with your money that you can never...  read more

Will Bankruptcy Make it Harder to Find Work?

Saturday, June 1st, 2019

If you’re thinking about filing bankruptcy and are considering changing jobs in the near future, you may wonder if you’ll easily be able to do so. Bankruptcy does have a major effect on your credit, but how much of an effect does your credit have on potential employment opportunities? Will any new potential employer be...  read more

How Will Bankruptcy Affect My Children?

Wednesday, May 15th, 2019

Filing for bankruptcy can have a ripple effect that spreads beyond your personal finances. It may affect your spouse, and it can even affect your children. If you’re considering bankruptcy as a way of handling debt, you should understand how it can affect your children and their future as well as your own. Your Children’s...  read more

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