A Chapter 13 bankruptcy proceeding lets you rearrange your financial affairs, repay a portion of your debts, and put yourself back on your financial feet. The typical [...]
A Chapter 7 bankruptcy is commonly referred to as a "liquidation" bankruptcy. The trustee takes any non-exempt property from the debtor, sells it, and distributes the proceeds [...]
As soon as your case is officially filed with the court, creditors are legally prevented from attempting to collect on any debt owed to them by you. [...]
Any person can file for bankruptcy protection from creditors. In addition, most businesses and charitable organizations may also qualify for bankruptcy protection.
Bankruptcy is the legal method for a debtor to "discharge" or obtain relief from the debts you owe. While no debtor is guaranteed a total discharge of [...]
Your “good credit rating” (score) can be restored within 12 months.
