If you are filing for Chapter 7 or Chapter 13 bankruptcy, you are undoubtedly experiencing a great deal of stress due to your financial situation. In such times, it’s a natural human reaction to want to pursue the easiest, fastest…
When filing Chapter 7 or Chapter 13 bankruptcy, you will likely hear the word “trustee” used quite a bit. Not only are trustees often a requirement during many bankruptcy filings, but they will also have a major impact on how…
To the average person, the phrase “bankruptcy dismissal” just sounds bad. After all if your finances were bad enough to file bankruptcy in the first place, many people think “dismissal” means they’ve now failed at bankruptcy. In some cases this…
When facing the prospect of filing for bankruptcy, many people will do whatever they can to delay or avoid this fate. This could mean liquidating assets or using any property available and whatever cash is accessible. The question that frequently…
There are lots of things that spread simply by rumor and myth. Here are a few fun ones from popular culture: The President isn’t really an American. The government is hiding aliens in Nevada. Elvis is still alive. While its…
The job market in today’s world is more competitive than ever. And if your potential employment is contingent on something like a background check, there’s a good chance that a prior bankruptcy might impact your ability to get that particular…
In recent years, several high profile banks have made the news by freezing the bank account funds of debtors that are filing for bankruptcy (usually those filing Chapter 7). In some cases, they have even frozen the accounts even if…
Student loans are often the ideal solution to helping someone earn a college degree which can lead to an improved quality of life, as well as a significant increase in wealth over their lifetime. However, they can also be a…
For individuals that are considering bankruptcy and have taken out debt with a cosigner, there are specific factors to evaluate before deciding whether to file Chapter 7 or Chapter 13. Usually, the debtor wants to know if the cosigner will…
One of the results of divorce proceedings is that a judge will often order one of the divorcing spouses to pay down the debts owed by the other spouse. This is often a result of a court ordered obligation to…