Bankruptcy Blog Archives

Considering filing a Chapter 13 bankruptcy in North Dakota? Here is what you need to know.

Filing a Chapter 7 bankruptcy can help clear your unsecured debt and give you a fresh start in North Dakota.

A short overview of the types of debts you cannot discharge through a bankruptcy filing in North Dakota.

There will be property and assets that can be excluded from the bankruptcy process called exemptions. Federal bankruptcy law has created exemptions to protect certain assets from your creditors, allowing you to maintain enough assets to start over after bankruptcy. Many states have created their own list of assets which are considered exempt. Certain states [...]

Filing Chapter 7 Bankruptcy can eliminate most of your unsecured debt with in four to six months. Filing Chapter 13 Bankruptcy can allow you to repay your creditors with a restructured debt repayment plan with in three to five years. If you are unable to pay your creditors and you are facing a financial crisis, [...]

If you file Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, there are certain debts which will not be discharged. These debts are called non-dischargeable and are outlined by federal bankruptcy laws. Non-dischargeable debts will be the same in Montana as they are for all other states. If you do not continue to make debt payments [...]

Bankruptcy law was passed in 2005 which made it more difficult to file Chapter 7 Bankruptcy. Under the Bankruptcy Abuse Prevention and Consumer Act (BAPCPA) individuals must now take a credit counseling course prior to the filing bankruptcy, pass a financial management course prior to the discharge of their debt and pass an income test [...]

Chapter 7 Bankruptcy is the most common and least expensive bankruptcy. Under Chapter 7 Bankruptcy, a court appointed trustee will sell your non-exempt personal property and use the proceeds from the sale to repay your debt obligations. All creditors will have a priority rating and they will be paid in the order outlined under federal [...]

Filing bankruptcy in Fresno is something you may want to consider if your credit card debt seems to be out of control. Even though it is something that you probably do not want to think about or consider, you may have reached a point where it is impossible to pay your debtors. If this is [...]

Phoenix, Arizona, has the seventh highest home foreclosure ranking out of the top 100 cities in the United  States. Arizona homeowners have seen their homes values decrease significantly over the past several years. As Arizona residents lose their jobs, face increased medical costs or experience any other type of financial crisis, they are not able [...]