Bankruptcy

    There are many different reasons a person may be having trouble making ends meet. Some common reasons that people find themselves in financial hardship include medical debt, credit card debt and other unplanned expenses. If you are facing an unimaginable...

  A wage garnishment is an order that requires your employer to withhold a certain amount of money from your pay and send it directly to the creditor who issued the garnishment. For some debt, such as credit card payments or a doctor’s bill, a money judgement...

If you are struggling with debt, bankruptcy might be a good option but if you are averse to the idea of filing for bankruptcy, consider alternative steps for digging out of debt. In some situations, a non-bankruptcy course of action may be your best remedy. Even...

Chapter 13 bankruptcy is a reorganization of one’s debts as a repayment plan based on what you can afford to pay. It can last from three to five years. Chapter 13 bankruptcy is a powerful tool for you to regain control of your financial life and get a good fresh...

A chapter 13 bankruptcy allows individuals a payment plan in order to repay their debt. Under this chapter, a repayment plan is installed over the course of three to five years. Depending on the debtor’s monthly income will depend on how long the payment plan will be....

If you are planning to file for bankruptcy again, there are certain requirements you will have to be eligible for in order to revive a new discharge. If you have filed for bankruptcy before and received a discharge, then the bankruptcy code specifies when you can file...

Whether you are filing a chapter 7 or chapter 13 bankruptcy, trustees are assigned to your case when you file, and they have important duties that they must perform. They review and finalize your financial documents, they make sure your financial information is...

To file for bankruptcy or not to file for bankruptcy. That may be the question you find yourself asking if you are staring down a case of insurmountable financial problems, but one that is ultimately hard to answer. In some cases, chapter 7 bankruptcy is a better fit...

Bankruptcy can be a difficult and overwhelming decision. There are two types or “chapters” individuals can apply for; chapters 7 and 13. In a chapter 7 bankruptcy, almost all debt is erased, this does not include certain taxes, student loans, secured debt or child...