CHAPTER 11 BANKRUPTCY-- A BRIEF OVERVIEW
Nov 07, 2012
Chapter 11 bankruptcy is primarily for reorganizing the financial
affairs of companies, to enable a business to continue to operate and hopefully
become profitable when it finds that its debts are more...
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CHAPTER 13 BANKRUPTCY-- A BRIEF OVERVIEW
Nov 07, 2012
To file a Chapter 13 bankruptcy, sometimes called personal reorganization or wage-earner bankruptcy, you must have some sort of regular income sufficient to cover your daily living expenses, not count...
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CHAPTER 7 BANKRUPTCY-- A BRIEF OVERVIEW
Nov 07, 2012
Chapter 7 Bankruptcy is often called liquidation bankruptcy or straight bankruptcy. An individual, a married couple, a partnership, a corporation, or an LLC may file under Chapter 7, which normally t...
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YOUR CREDIT SCORE BEFORE AND AFTER BANKRUPTCY
Sep 25, 2012
Many people have the idea that after filing bankruptcy, their credit is ruined and they will never have a decent credit score again. This is not guaranteed to be true. Whether it happens may depend on ...
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WHAT CAN BE DONE ABOUT STUDENT LOAN DEBT?
Aug 22, 2012
To many people with large student loans, their financial future looks bleak, especially if their expensive education has not led to a good-paying job. The debt collectors for these loans are unusually ...
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MISCONCEPTIONS ABOUT BANKRUPTCY
Aug 20, 2012
1. BANKRUPTCY WILL RUIN MY CREDIT FOR TEN YEARS.
Not true. It is true that bankruptcy stays on your credit history for ten years at all three major credit reporting agencies, but your credit score is...
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SAVING YOUR HOME FROM FORECLOSURE
Aug 15, 2012
Many people file bankruptcy as a last-ditch effort to save their house from foreclosure. Georgia is one of the very few states which allows non-judicial foreclosure. This means the lender can auction...
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Is Bankruptcy Unethical?
Aug 13, 2012
Many people hesitate to file bankruptcy because they perceive it as shameful, or shady, or unethical.
BANKRUPTCIES SKYROCKETINGBankruptcy is far more common than it used to be.For the last few years...
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