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Filing for personal bankruptcy is a complex legal process, and it can be a challenging time for anyone. It is common to experience stress and anxiety when trying to determine your best plan of action regarding bankruptcy. While it’s not required by law to have legal representation when filing a Chapter 13 bankruptcy case, it…
When deciding whether or not bankruptcy is the right solution to your financial situation, you have to think about all of the circumstances involved and make sure that it’s the best choice. Does bankruptcy ever get denied, though? And if so, for what reasons? Here’s what you need to know. What U.S. Bankruptcy Laws Say…
No one wants to face something like bankruptcy, but sometimes it is inevitable. And there are even times when it can be a welcome relief from the years of struggling with debt, collection calls, and other issues. However, not everyone can qualify for bankruptcy and there are different types of filings to consider. Chapter 7…
Chapter 7 bankruptcy has a number of requirements and standards that must be met in order for someone to be able to file. Income limits are an obvious restriction—if you make a lot of money, it’s assumed that you should be able to handle repaying your debts. On the other hand, those who don’t make…
Bankruptcy is an option for some people who need relief from the financial debts they are drowning under. However, it is not a one-size-fits-all solution, nor will it take care of all debts. Understanding what is not excused with Chapter 7 bankruptcy is just as important as knowing what debts it can resolve. While bankruptcy…