Bankruptcy Aid

Provides bankruptcy articles, guides and other related information for bankrupt individuals, businesses and professionals.

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4 Ways to manage or stay away from medical debt

Several researches reveal the fact that medical debt is the reason behind 62% of all personal bankruptcy filings in the United States. Studies also reveal that most of the people, who declare bankruptcy due to huge amount of medical debt, have health insurance policies. So, it is important that you learn to manage your medical bills so as to avoid filing a bankruptcy because of huge medical debt. Go through this article to know how to manage or stay away from medical debt. Read More...

Two Types of Bankruptcy

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,[...]

Borrowing after Bankruptcy

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[...]

How Bankruptcy Can Help With Foreclosure

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[...]

Eight steps to get back on track after filing Bankruptcy

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[...]

Chapter 11 Bankruptcy

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 [...]

Chapter 13 Bankruptcy

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[...]

How to File for Bankruptcy – 10 Easy Steps

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[...]

Bankruptcy Fraud is a Federal Offense

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[...]

Declare Bankruptcy

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[...]

Handy Tips If You're Going Through Bankruptcy


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