Is bankruptcy your opportunity to get a fresh start? Explore options for filing and how the process works here!
People often view bankruptcy as the end, but in truth, it it’s often someone’s best opportunity to get a fresh start. You can close out a bad chapter in your financial life by filing for Chapter 7 or Chapter 13. With a few exceptions, this gets you out from under the burden of crushing debt. It’s your way out so you can recover and rebuild quickly.
These articles explain important aspects of the filing process, as well as what you can expect after you file. With the right strategy, you can get through this process quickly. You can also take steps to restore your credit so you can move forward even before the credit penalties expire.
Find up-to-date statistics about how personal bankruptcy affects consumers in the U.S. We also provide some business bankruptcy statistics, too.
Learn how you should file for personal bankruptcy when you can’t afford debt and other relief options won’t help.
Setting the right expectations about bankruptcy so you know what to expect once you light the fuse to clean your financial slate.
Filing for Chapter 7 allows you to hit the financial reset button by liquidating your assets to erase your outstanding debts. Here’s how it works.
Save your assets from liquidation, and settle your debts to get a clean slate.
Learn how Chapter 11 bankruptcy works for businesses and individuals so you can decide if it’s the right choice for you and you need to restructure.
Understand what the bankruptcy “means test” really means for your ability to file successfully for personal bankruptcy in the U.S.
We help you weigh the advantages and disadvantages of filing for bankruptcy so you can decide if it’s the right choice for your situation.
We give you five tips for how to repair your credit effectively after you go through personal bankruptcy to get you on the road to better credit.
Who wants to wait around 7-10 years for a bankruptcy penalty to expire? Learn how to rebuild your credit quickly after you complete your filing.
Find answers to the most common question about bankruptcy on the web. When you file for bankruptcy, the last thing you want to have in uncertainty about what’s going to happen. That’s why it’s so important to be informed and find the answers you need to answer your most pressing questions about bankruptcy. That way, […]
If you’re looking for a way to save your home and avoid foreclosure, filing for bankruptcy could be the right move for you.
By law, you don’t need a lawyer to file for bankruptcy – either personal or business – but there are some key points to note before you go pro se.
Find the financing you need even with rock-bottom bad credit caused by bankruptcy. You might think that if you credit is scraping-the-bottom-of-the-credit-score-barrel-bad because of bankruptcy that there’s no way you’ll ever find someone who will approve financing for you – whether it’s a credit card or a loan. Silly consumer with your conservative lending logic. […]
Both IRS and state tax debt can be discharged during bankruptcy, but the amount you end up paying depends on your financial situation and the chapter you file.
You may be hoping for a quick and easy exit, but completing your bankruptcy filing could take up to five years if you go through Chapter 13.
If you’ve filed for bankruptcy in the past and need to file again, learn how much time needs to pass before your debts can be discharged by the courts again.
When you cosign a debt, you take on the obligation to repay if the main debtors can’t. But what happens if the borrower files for bankruptcy?