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Bankruptcy Information

Chapter 13 Bankruptcy Pros and Cons

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Advantages of Chapter 13 Bankruptcy Chapter 13 offers people a number of perks over liquidation under chapter 7. Potentially most drastically, chapter 13 provides people an option to spare their homes from foreclosure. By filing under this chapter, people can stop foreclosure actions and may cure behind home loan payments over time. Nevertheless, they must still make all mortgage payments ... Read More »

    Chapter 13 Bankruptcy Plan, Trustee and Meeting of Creditors

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    The Chapter 13 Plan and Confirmation Hearing Unless the court agrees to an extension, the debtor must absolutely file a repayment plan with the petition or inside 14 days after the petition is filed. A plan must be tendered for court approval and must provide for monthly payments of preset amounts to the trustee on a punctual basis, typically biweekly ... Read More »

      How to File Bankruptcy Yourself

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      Here is an overview about how to file bankruptcy yourself and what to expect. Businesses must have a lawyer or attorney to register a bankruptcy case. Individuals, can, may represent themselves in bankruptcy court. While people can file a bankruptcy case without a attorney or “pro se,” it is seriously difficult to do it competently. It is particularly important that ... Read More »

        Boise Bankruptcy Attorney – Free Consultation

        Boise Bankruptcy Attorney

        Many residents in Boise Idaho have a fear of filing for bankruptcy. This fear unfortunately prevents many consumers from speaking with a Licensed Boise Bankruptcy Attorney and getting the information they need to make a good financial decision. The reality is that most consumer fears about bankruptcy are actually not rooted in fact. Much of the misinformation can be attributed ... Read More »

          How Chapter 7 Bankruptcy Works

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          A chapter 7 bankruptcy case begins with the consumer submitting a petition with the bankruptcy court serving the area where the consumer resides or where the business debtor is formed or has its primary place of business or primary assets. In addition to the petition, the debtor must definitely additionally file with the court: listings of assets and liabilities; a ... Read More »

            Bankruptcy Attorney Fayetteville, NC

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            For many Fayetteville North Carolina consumers, the thought of filing for bankruptcy when they fall behind on their bills, is only something they want to consider as the option of last resort. It is understandable why so many consumers want to avoid speaking with a bankruptcy attorney but the reality is that delaying will often times make the situation worse. ... Read More »

              Bankruptcy Attorney Raleigh, NC

              Finding bankruptcy help in Raleigh, North Carolina is a relatively easier task to accomplish than you think it is. They city and neighboring areas have many competent, knowledgeable and friendly bankruptcy attorneys that can assist you with filing a Chapter 7 or Chapter 13 bankruptcy both painlessly and affordably. If you are scared of filing bankruptcy in Raleigh, that is ... Read More »

                Bankruptcy Lawyers in Richmond, VA

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                If you are one of the thousands of Richmond Virginia residents who are currently struggling with large debt loads and trying to avoid a bankruptcy filing, there are several important things you need to know. Call At Least 2 Bankruptcy Lawyers In Richmond VA It is understandable that you may be searching for a solution to your debt situation that ... Read More »

                  Bankruptcy Attorney, Madison, WI

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                  Head downtown in Madison WI and like any major city in the United States you will find Bankruptcy Attorney offices all over the place. Even more so in recent years, they seem to be everywhere. However, the new year has brought some good news for residents of Madison but perhaps some worrisome news for the Bankruptcy Attorneys in the state ... Read More »

                    Sports Agent That Inspired ‘Jerry Maguire’ Files for Bankruptcy

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                    Financial problems are not limited to just those down and out. High flyers run into their share of trouble as well. Sports agent Leigh Steinberg who is said to be the inspiration behind the movie character Jerry Maguire filed for bankruptcy recently. Steinberg is reported to have represented NFL players Troy Aikman, Steve Young and Ben Roethlisberger is now publicly ... Read More »

                      Is Bankruptcy Sinful and Bad or Right and Moral? An Examination.

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                      For all of my life and especially through my financial struggles the assumption that money troubles are tied to morality and that people with debt troubles are somehow morally broken or moral failures and need to repent at their very hour of need, persist. It’s a false belief that haunts nearly every single soul that has fallen into the pit ... Read More »

                        College Grads More Likely to File for Bankruptcy

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                        According to a new study from the Institute for Financial Literacy, the rate of bankruptcy filings among college graduates is increasing. One assumption is the burden student loans place on graduates is increasing at the same time that salaries and income opportunities is decreasing. While the study only tracked people through 2010, I’m sure the numbers will continue to increase ... Read More »

                          All About Bankruptcy – Chapter 7 Bankruptcy – Chapter 13 Bankruptcy

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                          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 is the uniform federal law ... Read More »

                            Dr. Drew Promotes Chapter 7 Bankruptcy for Financial Help

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                            A good interview about people that lived through financial struggles and came out the other side. One of the guests was a popular television weatherman that found himself in both divorce and bankruptcy. From the interview it sounds as if he had delegated the financial management to his wife and a breakdown in communications impacted more than just their finances. ... Read More »

                              Bankruptcy 2010 Annual Report Out. Chapter 7 Still Mac Daddy.

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                              The United States Courts just released the complete bankruptcy survey for 2010 bankruptcies. It shows that the majority of bankruptcy filings are for Chapter 7. Here is what the 2010 results show. I’ve highlighted the parts that stood out to me. Summary of Findings During calendar year 2010, more than 1.5 million bankruptcy petitions were filed by individuals with predominantly ... Read More »

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