People living with debt that they can’t handle have a few options to choose from. They can contact a debt or credit counsellor and try to...

Most consumers have heard of Chapter 7 bankruptcy but there is another type known as Chapter 13. This article details some of the...

Changes in the bankruptcy laws have left many to erroneously think that they can no longer declare bankruptcy. This is not true. A...

The Bankruptcy Abuse Prevention and Consumer Protection Act was became effective on October 17, 2005 (except for a few provisions). This...

Under pressure from retailers and other companies claiming losses from increased bankruptcy filings, Congress took steps a few years ago...

Bankruptcy is defined as legal situation in which a debtor cannot fulfill their monetary obligations. Debtor bankruptcy is when the...

Consumers who are considering filing bankruptcy are faced with a lot of questions and are often not sure what the advantages could be- if...

There comes a time when many people have no choice but to seek bankruptcy protection from their creditors. If going through a debt...

When you face repossession of your home or your car, you may need to declare bankruptcy to save them. If creditors have a valid lien or...

Bankruptcies can be called “reorganizations” or ‘liquidations”, depending on which type of bankruptcy you decide to do. Both a “Chapter...