Year: 2012

When someone files for Chapter 7 or Chapter 13 bankruptcy, their property becomes part of the bankruptcy estate. Property includes real property which is a legal term for land and homes. It also includes all personal property such as furniture, clothing, vehicles and...

When you’re tight on money and considering filing for either Chapter 7 or Chapter 13 bankruptcy. every dollar matters. It’s important to know where your money is going so you can budget properly. But, in this age of convenience services, it’s easy to lose track of it....

You can’t have a conversation about bankruptcy without a discussion about your budget. Sometimes not having a budget is the reason you are even speaking to a bankruptcy attorney. The hardest part is figuring out how much you are really spending. Then, you need to...

1. Bankruptcy ends harassing creditor phone calls 2. Bankruptcy stops repossessions 3. Bankruptcy stops foreclosures 4. Bankruptcy stops wage garnishments 5. Bankruptcy stops utility shut-offs 6. Bankruptcy provides debt relief 7. Chapter 13 Bankruptcy allows you to...

There is no minimum you must owe to qualify for Chapter 7 bankruptcy. The two main questions you need to ask yourself are: 1. Can I pay off my debts in a reasonable amount of time? 2. Does the cost of filing make sense for the amount of debt that I have? If you can...