Good People File for Bankruptcy
In 2022, there were nearly 375,000 personal bankruptcies filed by normal, everyday people just trying to get back on track.
In 2022, there were nearly 375,000 personal bankruptcies filed by normal, everyday people just trying to get back on track.
If you are have tried to lower your debt and can't get results, it may be time to consider if the bankruptcy option is right for you.
Chapter 20 - which is not an actual Chapter by law - provides an opportunity to eliminate more debt than Chapter 7 or Chapter 13 alone.
The best strategy when considering bankruptcy - whether for the first time or a subsequent filing - is to speak with an experienced bankruptcy attorney.
Some individuals may not be eligible to file for Chapter 13 because of the associated debt limit - here's what you need to know.
Chapter 7 (liquidation bankruptcy) and Chapter 13 (reorganization bankruptcy) are considered the most common for individuals and small businesses - how is eligibility determined?
How would your life look if you were finally out from under your crippling debt obligation? It's time to find out.
Your bankruptcy success may depend on hiring the right expert legal team - and being completely honest with al required documentation.
If you are eligible for Chapter 7 bankruptcy and you pass your means test, debt should be eligible for discharge. But if you don't pass, you have other debt-relief options.
There's no need to be forever intimidated by creditors - information is power, so let's learn more.