Month: September 2024

How Much Bankruptcy Costs

Bankruptcy is often something you file when you have no money and can’t afford to pay your bills. It’s considered to be the last resort—something that can clear your debts and wipe the slate clean. But there is a subtle irony to filing for bankruptcy because the process is neither free nor cheap. Start lowering […]

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Understanding Chapter 7 Bankruptcy

If you have already done everything you can to pay off your debts but still seem to be stuck, it might be time to consider Chapter 7 bankruptcy. With the help of a bankruptcy trustee who will oversee the process, this type of bankruptcy case can discharge some or all of your debts. Start lowering […]

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Understanding Chapter 13 Bankruptcy

Chapter 13 bankruptcy gives filers a chance to pay back their massive debts through a government-protected repayment plan of up to five years. In order to qualify for this type of bankruptcy, also known as “wage-earners” bankruptcy, you will need to have a regular monthly income.  Start lowering your debt today. The holy grail of […]

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Personal Bankruptcy: What You Should Know

Bankruptcy is a confusing business. There are several different codes to choose from, numerous laws to traverse, and all kinds of pitfalls to avoid. But if you’re battling with escalating debts and nuisance creditors, it could be your only avenue of escape. With that in mind, this guide will cover everything you need to know […]

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How to Get a Credit Card After Bankruptcy

Bankruptcy can cripple your credit score, making it very difficult to get a mortgage, car loan, and even a credit card. But it’s not all doom and gloom. Over half a million Americans file for bankruptcy every year and most of these can still get new credit cards and use them to steadily rebuild credit […]

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Credit Repair after Bankruptcy: Rebuilding your Finances

Bankruptcy can remain on your credit report for up to 10 years and it can do some serious damage in that time, reducing your chances of securing everything from a mortgage to an unsecured credit card.  Start lowering your debt today. But while it might feel like the end of the road, that damage lessens […]

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How Often Can You File for Bankruptcy?

Bankruptcy is seen as the ultimate last resort when you have mounting debts and can’t find the money to pay them. It’ll discharge most of those debts and allow you to make a fresh start, albeit with a host of disadvantages and all the stress that comes with hitting rock bottom. Start lowering your debt […]

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Chapter 11 Bankruptcy: A Guide

A bankruptcy case is never simple. Whether your goal is complete liquidation or reorganization, it can be a stressful and costly process that lasts for months or even years. One of the first steps on this long and winding road is to choose which bankruptcy code is right for you. Start lowering your debt today. […]

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Getting a Mortgage After Bankruptcy

Every American wants to own their own home. It’s part of the American Dream, one that insists if you work hard enough then you can live a free, prosperous life. But if you’ve previously filed for bankruptcy your own version of the American Dream may be a little different. Start lowering your debt today. If […]

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Bankruptcy Lawyers: Purpose, Process, Costs, and More

A bankruptcy attorney is essential if you want a successful, streamlined bankruptcy case. There are attorney fees to consider and this will increase the overall cost of filing for bankruptcy, but ultimately that attorney will be worth their weight in gold. Start lowering your debt today. If you’re filing for bankruptcy in the near future, […]

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