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Can You Be Forced Into Chapter 7?

Chapter 7 bankruptcy is a process that involves the liquidation of the debtor's disposable assets. This means selling off a lot of what you might own to pay back a portion of what is owed to your creditors. Unsurprisingly, some folks may feel like they just need some time and want to try to restructure their debts. There is a way, however, that you might be forced to pursue Chapter 7. Read More 

Out Of Options? Bankruptcy May Be The Answer

Bankruptcy is an option for those that aren't able to keep up with paying their bills, or can hardly pay their bills and survive after making those payments. If you have a lot of debt, but aren't able to keep up with the payments, or aren't able to pay for other monthly bills such as utilities or groceries, there are options for you. Read on for information that may help you get out of debt. Read More 

3 Things To Know About Your Credit Cards When Filing For Chapter 7 Bankruptcy

When you have no other options for getting out of debt, you might want to turn to Chapter 7 bankruptcy. This branch provides freedom from debt and is relatively fast. If you qualify for it and have a lot of credit card debt, you can acquire a significantly better financial position after using it. As you prepare to file, it might be helpful for you to know these three things about your credit cards. Read More 

Ask These Questions Before Hiring A Bankruptcy Attorney

If you are in debt and are considering declaring bankruptcy, you want to invest in bankruptcy attorney services. They can guide you through the complex process and help you decide if bankruptcy is the right decision for your individual situation. As you begin to explore bankruptcy, you'll want to contact potential attorneys to find the right one for you. Here are some questions to ask when hiring a bankruptcy attorney: Read More 

What Items Do You Have To Disclose In Your Bankruptcy Filing?

Bankruptcy is complicated; one thing that is important for people to know is what they are required to by law to disclose. The process is complex, especially for folks who are dealing with a lot of assets and liabilities. It's worth taking a look at the things you have to disclose. Complete List of Creditors To be clear, there are no legal implications to this. However, from the viewpoint of a bankruptcy attorney, failing to present as thorough of a list of your creditors as possible completely defeats the purpose of filing at all. Read More