Personal Bankruptcy

Recovering from a bankruptcy takes some time and some work on your part but is easier than you might imagine. After a bankruptcy, you probably think it will be almost impossible to obtain anything on credit or qualify for a loan ever again. The fact is that with on-time payments you can qualify for a [...]

There are two basic types of personal bankruptcy, Chapter 7 and Chapter 13. The laws changed in 2005 and now certain conditions must be met before filing for bankruptcy under either chapter. As soon as you file you get immediate protection from the harassing collection efforts of your creditors. This is called an automatic stay.
There [...]

Anyone who watches the news can tell you medical bills are a leading cause of bankruptcy in the U.S. Even in the midst of a severe housing crisis with millions of people in foreclosure, losing their homes and filing for bankruptcy, there must be some kind of relief offered to those who need it the [...]