The two main types of bankruptcies today are Chapter 7 and Chapter 13, but many people do not understand the differences between the two. Both options offer relief for financial burdens, but only a bankruptcy attorney can help people decide which option is the right one. Anyone considering bankruptcy should understand the following four differences…

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Even if you currently have a loan on your car, you can still keep it during bankruptcy. Bankruptcy proceedings generally let you keep up to a certain value in vehicles. If you have very low equity in your vehicles, you’re not likely to exceed this amount. To keep your loan and its terms, you often…

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When you choose to file for Chapter 13 bankruptcy, you will repay your debts through a repayment plan. Before you file, it’s important to find out how this repayment plan works. That way, you can make an informed decision on how to proceed. Here are some of the top questions you might have about Chapter 13 repayment plans.

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When you file for bankruptcy, you must abide by the rules of the bankruptcy court, and one rule involves taking credit counseling courses. You must take two credit counseling classes to meet this requirement, and there are several important details you should know about these courses.

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In today’s credit-happy society, it can be deceptively easy to spend beyond the limits of your monthly budget. In other cases, an uninsured medical catastrophe or legal crisis could leave you battling bills that no average family could pay.

Read this blog to learn more about the factors you’ll want to consider when deciding whether a Chapter 7 discharge or Chapter 13 repayment plan could be in your best interest, as well as a few specific situations in which bankruptcy may not be the right choice at this time.

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A major concern when filing for bankruptcy is what will happen to property that you own. Many homeowners fear the possibility of losing their home, but Chapter 11 bankruptcy can give you some much needed hope about keeping your home. Here’s what you should know about how using Chapter 11 bankruptcy can affect any real…

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Whether to file for bankruptcy can be a difficult decision. There are certain things to consider when deciding when to file for bankruptcy and which type to use. Which Type? There are primarily two types of bankruptcies: Chapter 7 and Chapter 13. Chapter 7 generally gets rid of all your debt. However, you will most…

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