Category Archives: Bankruptcy


If You Can’t Pay Off Debts in Five Years, Consider Bankruptcy

There are a large group of Americans who are struggling with debt through little fault of their own. Perhaps they lost their job in the recession, perhaps a divorce has crippled their finances or maybe a surprise medical bill has put them in crisis mode. If you’re one of many struggling with debts and bills……
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Can I File for Bankruptcy Protection More than Once?

Just because you filed for bankruptcy before doesn’t mean that you won’t have financial problems again. There are so many things that are out of our control and all of these – employment status, emergencies, health crises — which can significantly damage our finances. Fortunately, you can apply for bankruptcy protection more than once. There……
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What Will Your Bankruptcy Trustee Ask You?

You’ve finally made the decision to stop the bleeding and get your financial life back on track by filing for bankruptcy. Before you can proceed and have your debts discharged through Chapter 7 or Chapter 13 protection, you must meet with a person assigned to you by the courts. This person, known as a bankruptcy……
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Joint Bankruptcy: When Does it Make Sense?

If you are married and struggling with debt, you are allowed to file for bankruptcy jointly with your spouse. In most circumstances, since both of your incomes will be considered in the means test, it makes sense for couples to file jointly, thus discharging more debt and potentially keeping more property. However, there are certain……
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How Will Filing for Bankruptcy Impact My Credit?

There are a lot of misconceptions and misinformation out there when it comes to bankruptcy and the impact it will have on your credit score going forward. Due to some of these misconceptions, bankruptcy is often treated as a scarlet letter that it isn’t. Much of this information is being disseminated by credit card companies……
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