Personal Bankruptcy
In personal bankruptcy, what is considered income?
When you file for bankruptcy, some of your debts may be discharged and others may be reorganized or modified, depending on the kind of bankruptcy you...
Can you be too strapped to file for bankruptcy?
If you are considering filing for bankruptcy, chances are that your financial situation is fairly unstable. Perhaps your debt is overwhelming or will...
Recent developments: Bankruptcy debt credit reporting
Since 2008, most of the stories published in both local and national media about credit, debt and bankruptcy have been quite disheartening. Banks...
Happy Financial Literacy Month
Various groups aim to raise awareness of issues, broad subjects and diverse interests through designation of days or months in their honor. For...
Immediate relief benefits of filing for bankruptcy
If the American economic crisis of the past few years has taught us anything, it is that individuals at nearly all income levels can suddenly and...
Chapter 11 for Individuals Not Just Businesses
Chapter 11 is typically thought of as a bankruptcy option for businesses. However, individuals may also file under Chapter 11 , and this option is...
Bankruptcy and Credit: How Digging Yourself Out May Be Easier Than You Think
It's true that bankruptcy negatively impacts your credit score; however, in this tumultuous economy, it is sometimes the only option for individuals...
After a Historic Rise Bankruptcy Filings Beginning to Decline
Last year over 1.5 million people filed for personal bankruptcy. This was the highest level since the bankruptcy laws were reformed in 2005, making...
Common Misconceptions About Personal Bankruptcy
Dealing with overwhelming debt is difficult enough; bankruptcy myths should not add to the stress. With that in mind, here is a look at common...