Bankruptcy is not a rare thing in the United States. In fact, due to the struggles that the recession has caused, bankruptcy filing rates have risen to nearly 1.5 million for 2009. There are a few common reasons why someone would file bankruptcy, but the one common factor is that there has been too much [...]
Whether you are still weighing your circumstances or have decided that bankruptcy is your best option, you should know that not all bankruptcy is created equally. Most people are familiar with Chapter 7 bankruptcy in one respect or another so here it is all summed up.
To begin the process the debtor has to go to [...]
When most people hear the word bankruptcy, they run for the hills screaming. That reaction has far worsened now that America is elbow deep in the throes of the recession and as a result, bankruptcy is a term far more than many Americans are becoming accustomed too. While the situation is not desired or pleasant, [...]
