Category Archives: Bankruptcy

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Does a Parent’s Bankruptcy Affect Eligibility for Student Financial Aid?

Bankruptcy is a complicated issue that affects many areas of one’s life, but in general, filing for bankruptcy doesn’t interfere with eligibility to receive federal aid. It can, however, affect eligibility for some student loans and loan programs, but it might not be as bad as you think. A green light for financial aid and……
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A Guide to the Different Chapters of Bankruptcy

If you’re on the verge, or even just considering the concept of filing for bankruptcy, understanding your options is an important step. People commonly hear about Chapter 7 or Chapter 13, but may not know the difference. The truth is the Bankruptcy Code allows for multiple different types of bankruptcy and understanding the difference between……
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Life After Bankruptcy: What Happens After My Debts Have Been Discharged?

Making the decision to file for bankruptcy is never easy. Once you’ve made that decision, you may expect the process will go smoothly and you’ll quickly move on with your life. However, the reality is that even after you’ve received your discharge and your bankruptcy is complete, to give you the greatest possibility of successful……
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Are Annuities Exempt in Bankruptcy?

When it comes to bankruptcy, it’s important to know what properties, debt, or other money can be deemed exempt. This is especially valid because property exemptions can vary from state to state, and even those can vary from federal property exemptions. The same holds true for annuities, which usually come in the form of an……
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What Happens to My Business if I File for Personal Bankruptcy?

Despite having a negative stigma, bankruptcy is often a great way to get a fresh financial start. In fact, one of the main purposes of bankruptcy is to help those who need it most by wiping the slate clean (or close to it). Filing for bankruptcy could be a great way to handle the extensive……
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