Understanding the Chapter 11 Process

Understanding the Chapter 11 Process

Chapter 11 is a type of bankruptcy that primarily businesses file to help them with reorganization and to help alleviate their financial burdens. Although this type of bankruptcy is geared towards corporations, small businesses can also file it. It is rare, but...
The Top Facts about Bankruptcy

The Top Facts about Bankruptcy

The Bankruptcy law in the United States helps to ensure that individuals are not under undue burden as a result of their debts. If you are under financial stress due to your debts, you may be able to eliminate all or part of your debts so you can start over with a...
Rebuilding Credit after Bankruptcy

Rebuilding Credit after Bankruptcy

When you file for Chapter 7, you can get a new financial start. Not only have all of your dis-chargeable debts have been eliminated; your creditors are no longer contacting you. However, after a bankruptcy discharge, you must find a way to rebuild credit after...
What Are The Consequences Of Bankruptcy?

What Are The Consequences Of Bankruptcy?

The consequences of bankruptcy is one of the things most people worry about when they are considering filing for bankruptcy. Unfortunately, bankruptcy is not the easy financial bailout many think it is. There are several ramifications you may face as a direct result...
How Do I File Bankruptcy?

How Do I File Bankruptcy?

When a person considers filing for bankruptcy, he is usually overwhelmed by his financial situation. However, there is also frustration and a certain level of fear about the unknown and the future. Bankruptcy is not the financial forgiveness many think it is. For...
Getting a Personal Loan after Bankruptcy Is Possible

Getting a Personal Loan after Bankruptcy Is Possible

Bankruptcy can certainly turn your financial world into chaos. It leaves a negative mark on your credit history that is difficult to ignore and even more difficult to escape. If you have had to file bankruptcy in the past few years, you are certainly not the only one....