Bankruptcy Blog

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 [...]

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.

Find a Pennsylvania bankruptcy attorney to review your financial situation and explain how you can stop bill collector harassment and home foreclosure by filing bankruptcy.

Find a Charlotte bankruptcy attorney to help you get out of debt.

Nevada bankruptcy attorneys work with their clients to stop creditor harassment and get them out of debt.

There have been some media reports about informal bankruptcy recently that suggest that it might be a cheaper way to get out of debt. The only problem with that hypothesis is that you don’t really get out of debt through informal bankruptcy.
Informal bankruptcy is what happens when someone just decides that they will stop making [...]

Some may wonder why bankruptcy? Why can’t you afford to pay your bills? Why take such a drastic step? The truth is, there is no one answer for why someone should consider filing bankruptcy.
They may have fallen behind on house payments and are now faced with foreclosure notices. Sometimes forces outside their control affect [...]

Bankruptcy is still a frightening and embarrassing situation for many people. The dictionary doesn’t help when it gives definitions like: “utter ruin, failure, depletion”. No wonder so many people won’t consider bankruptcy until it’s the last resort.
What is bankruptcy?
Simply put it’s “being legally insolvent” or an “inability to discharge all your debts as they [...]

In the United States, many of us are taught failure is not an option. And when it comes to financial difficulties, bankruptcy seems to be a major failure. However, financial disasters can happen to anyone and many times from situations beyond our control. You may now find yourself dealing with creditor calls, collection notices, [...]

Taking a debt education course before the filing of a bankruptcy is required by law. This doesn’t mean you have to pay A company money to try and settle or make payments to and let them pay your creditors. In most cases the course that takes is an on line course 1 to 2 [...]