Bankruptcy Aid

When you start to consider bankruptcy, you’ll be faced with two options: Chapter 7 or Chapter 13. Chapter 7 is sometimes referred to as a liquidation bankruptcy, because you have to dispose of all your assets. However,[...]

Many people mistakenly believe that they will never be able to borrow money again after filing for personal bankruptcy. On the contrary, lenders are more than eager to lend money to those who have just discharged a bank[...]

You can avoid foreclosure completely, or at least delay the process by seeking the protection of the bankruptcy courts. But it shouldn’t be the first thing you do! Forbearance You should first attempt to work ou[...]

Explains what to do after filing bankruptcy. When financial circumstances beyond your control (such as loss of income, divorce, or a catastrophic medical condition) push you over the brink, you may have no other recourse[...]

s the economy has plummeted deeper and deeper over the last two years, bankruptcy filings of all types were markedly increased. This included companies who filed for reorganization under Chapter 11 of the United States [...]

A chapter 13 bankruptcy is also called a wage earner’s plan, as it sets up terms for repayment out of the debtor’s net income.  The debtor or attorney proposes a repayment plan to the court for making installmen[...]

When you have reached the end of your ropes and are hanging on by a thread, the only lifeline you may have left is to file for personal bankruptcy. The process is not complicated, but many people have no idea what to do[...]

When dishonest debtors falsely file a bankruptcy claim, they often conceal their assets or file multiple bankruptcy petitions in different states. In these ways, they are hiding the true state of their finances and the c[...]

Information to help you decide whether to declare bankruptcy or not. With the economy as bad as the last year has been, there has been a sharp increase in the number of personal bankruptcies filed. By some estimates, the[...]