Personal Bankruptcy

The Fair Debt Collection Practices Act (FDCPA) was passed by the Congress and is enforced by the Fair Trade Commission (FTC) to ensure fair debt collection by debt collectors. The Act has laid down laws to regulate the debt collection practices. Under this Act it is imperative for the bill collectors and collection attorneys to [...]

How will Filing for Bankruptcy Affect my Credit?
Bankruptcy is a life changing event in any person’s life, with long lasting consequence.  For example, a record of the bankruptcy will appear in the Public Records section of your consumer credit report for the next ten years.  Having said that, however, consumers can and do seek and [...]

I’ve Filed for Bankruptcy in the Past; Can I File Again?
Yes.  A person can file for bankruptcy more than once, but you may have to wait a particular amount of time since the last time you filed for bankruptcy in order to obtain a discharge of your current or newly incurred debts.  The policy underlying [...]