New here? Start with these articles to learn about US bankruptcy, debtor bankruptcy
alternatives like debt consolidation, debt settlement, debt negotiation, and debt management.
You'll also learn the causes of debts that can lead you to file bankruptcy and how to recover
from it.
Are you thinking about whether to declare yourself bankrupt or not? Talking to a bankruptcy lawyer in your area will ensure you understand what assets, including your home if you have one, are at risk. Your credit records will include details of your bankruptcy for as many as ten years in some cases.
Renee Dunn | Bankruptcy Basics
Bankruptcy is actually very complicated, and neither option will allow an individual to get out of paying all of your debt. Chapter 7 can be filed by individuals, partnerships, corporations or any other business entity. A discharge of debt under a Chapter 7 is only possible for individual debtors – not partnerships or other types of corporations. Most Chapter 11 bankruptcies are filed by corporations or other businesses rather than individuals. If a business is filing Chapter 11, it’s expected to continue operating successfully.
Debbie Dragon | Bankruptcy Basics, Chapter 7 Bankruptcy
If you have an interest in filing for bankruptcy online, whether for personal or business bankruptcy, there are a few companies that you want to check out for this. If you are going to file bankruptcy online, make sure that you work with a reputable company. Only people who are married on the filing date can file for a joint petition, and no one else. You also only want to go through with an honest company with your bankruptcy filing.
Contributed Content | Bankruptcy Basics
Bankrupsy is usually the very last option for people who are in debt up to their ears and can’t find any other way of getting out of debt. Most people are justifiably scared of filing for bankruptcy. There are a few things that should be kept in mind, and a few questions you should find answers for when you look at the implications of filing for bankruptcy. Some of the common fears are justified, while others are just myths.
Gary Pearson | Bankruptcy Basics
Depending on your current financial situation, bankruptcy might seem like the only answer. While in many cases this may be true, there are other solutions which might prove to be the better choice. You will find yourself on the road to good credit much sooner, if you can utilize a method other than bankruptcy to help you get out of debt.
Corey Landis | Bankruptcy Basics
