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Chapter 7

Simple Check to Test Your Eligibility for Filling Chapter 7 Bankruptcy

Most people who file for bankruptcy choose Chapter 7 instead of Chapter 13 because it’s fast, effective, easy to file, and doesn’t require payments over time. Chapter 7 bankruptcy usually takes the least time to complete. The process is over in about 4 to 6 months, commonly requiring only one trip to the courthouse by …

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A Closer Look At Bankruptcy

The federal courts have a process known as bankruptcy which is designed to help individuals and businesses clear their debts and manage repayments under the protection of a bankruptcy court. The two kinds of bankruptcy are: reorganization and liquidation. Liquidation is a bankruptcy process where you make a plea to the court to discharge your …

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10 ways to protect your self from bankruptcy caused by prolonged illness.

Accidents and prolonged sickness can be a drain both emotionally as well as financially. Sometimes money crunch is caused by the inability to hold a job, or when the medical bills escalate and it becomes increasingly difficult to balance expenses. Further, medical insurance may prove insufficient or will not cover long term medications. Life has …

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