Bankruptcy Blog

Chapter 7 Bankruptcy is a liquidation or straight bankruptcy. A trustee is appointed by the bankruptcy court to take your property and sell it and use the money from the sale to pay your debt obligations. Most unsecured qualifying debt can be discharged with in four to six months. There will be some types of [...]

If you are facing a financial crisis and are unable to pay you bills filing bankruptcy may be an option for you. The federal government has created the process of bankruptcy to help individuals who are unable to pay their debts and allows them to discharge most of their unsecure debt and get a fresh [...]

If you are filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, there will be certain debts which will not be discharged. All non-dischargeable debt is outlined under federal bankruptcy code. If you live in the state of New York, non-dischargeable debt will be the same as it is in other states. If you do not [...]

A report posted today in MSNBC.com’s “Red Tape Chronicles”, is a study on how credit card issuers will try to make money by squeezing the paying customers that they still have.
After using low interest rates to lure customers to their credit card products over the years, the companies are now changing agreements on previously fixed-rate [...]

If you have assets you would like to keep or you do not qualify to file Chapter 7 Bankruptcy, filing Chapter 13 Bankruptcy may be another option for you or your family. Chapter 13 Bankruptcy will not automatically discharge your qualifying unsecured debt, but will require you to develop a 3 to 5 year repayment [...]

If you have few assets and you can qualify to file Chapter 7 Bankruptcy, it is the most common, easiest and least expensive bankruptcy option. To file Chapter 7 Bankruptcy in New York, you can contact a New York Bankruptcy Lawyer. Your bankruptcy attorney will analyze your financial situation and file a petition and a [...]

Not all debt is dischargeable in bankruptcy. An Ohio bankruptcy attorney can analyze your financial situation and explain to you which of your debts will be cleared by filing bankruptcy.

Filing Chapter 13 bankruptcy in Ohio can stop foreclosure on your home and give you the breathing room you need to get out of debt. Talk to a local Ohio bankruptcy attorney to find out if the protections of Chapter 13 bankruptcy can help you.