Category:
Bankruptcy
Federal and state laws provide bankruptcy as a remedy for unmanageable debt, but the price you pay to clear away financial obligations is a steep one. Filing for bankruptcy will…
If bankruptcy is in your future, there are tools online to help you navigate the maze. However, filing for bankruptcy is far more involved than ordering a two-topping special from…
Chapter 11 bankruptcy does for businesses what Chapter 13 does for individuals in terms of buying time to reorganize in hopes the business can turn things around and pay off…
Debt relief vs. bankruptcy is on a lot of our minds these days. Not without reason. Some of us are in big financial trouble. U.S. households owe $17.8 trillion in…
Filing Chapter 13 Bankruptcy Chapter 13 allows debtors to repay all, or a significant portion, of their debts in 3-5 years under a court-ordered plan. The most common debts discharged…
Take our pre-file credit counseling course to receive a certificate of completion in compliance with the Bankruptcy Code. Start Pre-file Course Now About Pre-File Credit Counseling Bankruptcy is a legal…
The decision on whether to file for bankruptcy is as much about time as money. Specifically, how much time will it take to pay off unsecured debts? If the answer…
Sources:
- N.A. (2024, January 26) Bankruptcy Filings Rise 16.8 Percent. Retrieved from https://www.uscourts.gov/news/2024/01/26/bankruptcy-filings-rise-168-percent
- O'Neill, C. (ND) Typical Lawyer Fees in Chapter 7 Bankruptcy. Retrieved from https://www.thebankruptcysite.org/resources/lawyer-attorney-charge-chapter-7-bankruptcy
- N.A. (ND) Chapter 7 - Bankruptcy Basics. Retrieved from https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics