Tag Archives: personal-bankruptcy

All About Bankruptcy – Chapter 7 Bankruptcy – Chapter 13 Bankruptcy

Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It [...]

Get Out of Debt

Struggling to get out of debt ? If so, you aren’t alone. Millions of Americans are drowning in debt. They are overextended to the point of filing bankruptcy or losing their home to foreclosure

I Lost My Job in the Detroit Auto Industry And Then Opened a Restaurant That’s Failing. – Paul

“Dear Steve, Long story… Lost my job with one of the Big three in August of 2008, a few months later I found a business opportunity… this is where it gets ugly. When I lost my job I had about $120k in savings and the job prospects here in Michigan didnt look that good. I [...]

How to Find a Good Bankruptcy Lawyer or Bankruptcy Attorney

So the time has come that you feel as if you need to explore bankruptcy. At least you want to talk to a bankruptcy lawyer about what bankruptcy would mean for you. People often can’t see that finding a bankruptcy attorney does not mean you are going to file bankruptcy, it means you are going [...]

Should I Do an Informal Bankruptcy? – Melissa

Melissa wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Groups seek credit card debt forgiveness

Groups seek credit card debt forgiveness BusinessWeek - 34 minutes ago issue around 80 percent of all US credit cards. Americans now are weighed down by around $900 billion in credit card debt , according to Federal Reserve figures.