How Do I Know Which Type of Bankruptcy to File?

  • June 20, 2013

Making the decision to file for bankruptcy is never easy. However, after finally making the larger decision to enlist the protection of the courts against your creditors, it is important…

What Does The Automatic Stay Do?

  • January 16, 2013

When debtors find themselves struggling to make payments to their creditors as they become due, they often turn to bankruptcy as a way to make it through their dilemma. Filing…

Is Bankruptcy the Same Thing As Insolvency?

  • January 9, 2013

Bankruptcy and insolvency are two narrowly connected financial terms. In many cases, insolvency can lead directly to bankruptcy, either voluntarily or involuntarily. The similarities of the terms can often be…

Tips to Protect Creditors in Bankruptcy

  • December 24, 2012

As a creditor, you may have received an official notice in the mail indicating that someone you know or that owes you money has filed bankruptcy.  In order to protect…

How A Bankruptcy Affects Your Credit

  • September 10, 2012

Americans have been reeling in the aftershock of the downturn in the economy.  For some, this downturn has meant a job loss and a tightening of their finances.  For others,…

Can I File My Own Bankruptcy?

  • September 3, 2012

We live in a day and age where DIY (Do-It-Yourself) advice seems to be everywhere.  From home renovations to incorporating a business, people are looking to save money by doing…

Bankruptcy vs. Mortgage Loan Modifications

  • August 27, 2012

Faced with the reality of being past due on their loans or even foreclosure, many homeowners are looking for options that might help reduce the impact on their financial future,…

Bankruptcy 101

  • June 8, 2012

What is bankruptcy? Insolvency Balance sheet insolvency:  liabilities exceed assets. Equity insolvency:  inability to pay debts as they become due. Bankruptcy One does not have to be insolvent to voluntarily…

How to Choose a Bankruptcy Lawyer?

  • June 7, 2012

People who are considering bankruptcy are typically facing numerous obstacles.  They are undoubtedly facing serious financial pressure from one of more of their creditors and are in desperate need of…

Can I Discharge Taxes in Bankruptcy?

  • May 25, 2012

Owing money to the government for back taxes can be a stressful situation.  People often ask whether they can discharge tax debts through bankruptcy.  The answer is – maybe.  Depending…