Non-Dischargeable Debts in Bankruptcy

Debt That Cannot Be Discharged If you have a lot of non-dischargeable debts that cannot be easily discharged in a bankruptcy, then you may want to reconsider your plan of filing for bankruptcy. For instance, if you want to file for Chapter 7 bankruptcy, and liquidate...

Tips for Recovery after Bankruptcy

One of the first priorities after a bankruptcy is to start saving money for yourself. Your savings account has probably been wiped out as a result of the bankruptcy, and you must begin paying yourself a certain percentage of your net income in order to build saving...

Is a Chapter 13 Bankruptcy for You?

In a Chapter 7 bankruptcy, your assets are liquidated and are sold to pay off creditors. That can seem painful to people who want to retain their home and car. If you want to retain your property, instead of having it liquidated to pay off your creditors, a Chapter 13...

How to Tell If You Are Ready for Bankruptcy

The term “bankruptcy” is a much misunderstood one. Many people are understandably traumatized when a lawyer, even as much as suggests that they file for bankruptcy to deal with their financial struggles or to stop creditor harassment. However, the fact is that often...