Category Archives: Personal Bankruptcy

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Why Debt Settlement May Not Be Your Best Option

We’ve all heard the bold promises made by various debt settlement companies. “Cut your debt in half!” “Be debt free in 36 months!” These companies pitch their wares to unsuspecting customers who want to reduce their debt and pay “only a fraction” of what they owe. While not necessarily selling snake oil, these settlement companies……
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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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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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Life After Completing Your Chapter 13 Bankruptcy Plan

A Chapter 13 bankruptcy plan lasts a minimum of three years and a maximum of five years. If you are nearing the end of your repayment plan, you’re likely feeling a high sense of pride and relief. However, you may also be wondering about what’s next. Upon completion of a Chapter 13 plan, all of……
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Are All of My Debts Dischargeable Under Chapter 7?

Those who seek the protection of Chapter 7 bankruptcy often make the mistake of assuming that all of their debts will be discharged and disappear. While some debts will be wiped away, there are many debts which cannot be discharged. Debtors who hope to improve their financial situation would do well to understand which debts……
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