Deciding to file for bankruptcy is never an easy choice to make. You must first weigh the pros and cons, and determine what type of...

I don’t think I can count the number of times I have had to explain to bankers, mortgage companies, and finance companies the reason that...

There are technically six types of bankruptcy proceedings, Chapters 7,9,11,12,13 and 15 but only three that you are likely to have...

Chapter 13 of the bankruptcy code gives debtors the opportunity to repay some or all of the debts that are in their name, in better...

Are you facing financial troubles? Have you tried to alleviate your debts by working with the companies, but not succeeding? There are...

Banks are in lending money business and not in real estate business and the last thing they want is to end up owning another piece of...

As applying for loans, credit cards and other forms of credit are easier to come by, so are the bankruptcy rates in the United States. In...

Chapter 7 bankruptcy is also known as straight bankruptcy and is a process of liquidation in which the debtor turns over all non-exempt...

When there's no other way for you or your business to remain afloat, then you should consider filing for bankruptcy. It offers businesses...

Bankruptcy is a legally declared inability of individuals or businesses to discharge their debts. If it is difficult to repay debts,...