Pre-bankruptcy planning plays an important role when individual debtors are involved in bankruptcy cases. The aim is usually to devise a strategy and create an environment that increases the possibility of the bankruptcy’s success. Typically, this involves efforts to...
Foreclosures and bankruptcies typically take place independently. While the former refers to the mechanism that lenders use to recover their dues upon default, the latter gives debtors means to eliminate their debts. In some instances, filing for bankruptcy can help...
Dealing with bankruptcy and divorce during the same stage in life can be rather challenging. To keep things as simple as possible, it is best that you don’t overlap both. More often than not, couples who are in this predicament opt to file for bankruptcy before going...
The simple answer to this question is yes. However, different aspects affect your ability to get a mortgage after a Chapter 7 bankruptcy ruling. These include the type of loan you seek, the time that has passed since the Chapter 7 discharge, and whether or not you...
Chapter 7 bankruptcy – also referred to as liquidation bankruptcy – gives debtors the ability to clear different types of unsecured debts. If you are struggling to make repayments, if your finances seem out of control, or if collectors are calling you persistently,...
