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  • What are the Basics of a Chapter 13 bankruptcy?
    With recent changes in bankruptcy law, more and more people are finding themselves ineligible for traditional Chapter 7 bankruptcy, or liquidation; as a result, the trend is toward more Chapter 13 bankruptcy filings. By filing Chapter 13 bankruptcy, you are essentially entering into a repayment plan that permits you to repay all or a portion of your debts over a certain time … more
  • Is There Anything I Can Do About My Debts to Avoid Filing Bankruptcy?
    There are a number of steps that you can take in order to avoid bankruptcy proceedings. If you find yourself falling behind on your credit card, car loan, and/or mortgage payments, you may want to take some immediate steps so as to avoid filing bankruptcy on these debts.    First, many people are overwhelmed by credit card debts. Never mind how you got yourself in over your … more

How-To's

  • How To File for Bankruptcy Under Chapter 7
    Various federal bankruptcy laws allows persons in extreme amounts of debt to get a "fresh financial start" by either reducing the amount of debt required to be repaid or extending the time period in which it must be paid.  Chapter 7 is the chapter of the bankruptcy governing liquidation of assets and discharge of debts.  Below is a summary of the basic process for … more

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