A broad look at bankruptcy law and process. This article offers information on the origins of bankruptcy, the goals of the bankruptcy system, the different types of bankruptcy, and the bankruptcy court system.
In most cases, you must get credit counseling within 180 days before filing for bankruptcy protection. Additionally, you must complete an educational course on debt management before you are eligible to have your debts discharged. The bankruptcy coun...
A look at the basic concepts involved in bankruptcy. Learn about the basics of Chapter 7 and Chapter 13 bankruptcy, including how each works and the difference between the two.
A collection of common questions about bankruptcy. Find answers to your questions about the bankruptcy filing process, eligibility requirements, the differences between Chapter 7 and Chapter 13, and much more.
Definitions of commonly used bankruptcy terms. Learn the definitions of terms like automatic stay, adversary proceeding, contingent claim, debt discharge, exemptions, fraudulent transfer, joint administration, means test, and many more.
Filing for bankruptcy is a complicated, emotional process. It involves more work than most people realize and can have serious effects on your financial life for years to come. To determine whether or not filing for bankruptcy is the best option for ...
The decision to declare bankruptcy often comes in an overwhelming time of your life. If you're thinking about declaring bankruptcy, the chances are that you're worried about how you can manage all your finances now and in the future. For many, the ma...
A comparison of the two most common forms of bankruptcy. Learn about the differences between Chapter 7 and Chapter 13 bankruptcy, including eligibility requirements, procedures, and how debts are treated in each form.
A look at how bankruptcy can delay or prevent foreclosure. Learn how the automatic stay can affect foreclosure, what happens if a lender files a motion to lift the stay, and how homestead exemptions work.
Filing for bankruptcy, either for Chapter 7 or for Chapter 13 , is one option available to solve debt problems. Depending on the circumstances, the debtor may also choose a bankruptcy alternative. The following are possible choices. Consolidate Debt ...
