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3 Reasons To Choose Chapter 13 Bankruptcy

Before declaring Chapter 7 or liquidation bankruptcy, consider these three reasons to choose partial debt repayment under Chapter 13.

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Bankruptcy – What it is, When it’s Used, and How it Works – Adapted from Debt...

Ever wonder what bankruptcy really is? See the answer to the question as well as who it's for, and when you should consider it. This is adapted from David Bach's Debt Free for Life.

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Debt And Bankruptcy: A Few Options To Consider Before Filing

Debt & Bankruptcy are much debated. Some see bankruptcy as a free way out of debt, and others see it as theft! Before filing for bankruptcy consider these options!

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Famous Musician Bankruptcies: From Millions To Broke – Toni Braxton

Six time Grammy award winner Toni Braxton filed for bankruptcy last year, for the second time. Here's a look at how she dug herself a 50 million dollar hole.

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When is Bankruptcy Acceptable?

Most of us don’t like to think that bankruptcy is acceptable in any circumstance. After all, if we incur debt, shouldn’t we pay it? However, the recent economic turmoil, and the long, long recovery...

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Starting Over by Declaring Personal Bankruptcy

When in dire financial circumstances, when you feel that you have done everything you can to rectify the situation, it might be tempting to consider bankruptcy. Personal bankruptcy can be one way for...

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Debt Quiz: What Type of Debt is Rarely Dischargeable in Bankruptcy?

Student loan debt is rarely dischargeable in bankruptcy. If you are really in a bind, and the market doesn’t value your degree, what can you do?

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Why Declaring Bankruptcy Should Be Your Last Resort

Past financial mistakes aren’t easily fixable but there are ways to climb out of the hole you dug. Declaring bankruptcy should be your last resort

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How Does Bankruptcy Work? Declaring Bankruptcy Explained

When you’re in financial trouble, and unsure of what to do next, bankruptcy becomes an attractive option. However, it doesn’t work as simply as many people like to think.

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Can bankruptcy stop foreclosure?

When you are overwhelmed with debt, it is difficult to know what to do next – especially if your mortgage lender is threatening a foreclosure. Bankruptcy can be one way to help you put off foreclosure,...

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Are You Prepared for the Consequences of Bankruptcy?

Before you decide to try to improve the situation with bankruptcy, consider the consequences of such a move.

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How Do You Fix Your Credit After Bankruptcy?

Bankruptcy should not spell death for your personal credit. In fact, filing bankruptcy protection early is better than delaying it. Although your credit score will inevitably drop after bankruptcy...

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How to Borrow Money if You Are Bankrupt

While it might be difficult to find lenders after you file for bankruptcy, it is possible to borrow money even in this dire situation. Getting to that point might require some hard work on your part,...

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What are the REAL Causes of Bankruptcy? - Bargaineering

Gershburg is a bankruptcy lawyer in New York City, and he sees a number of cases each year. Some of the reasons that Gershburg cites include job loss, medical bills, and the accumulation of smaller...

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Alternative Way Out Of Bankruptcy and Credit Card Debts

Bankruptcy and credit card debts are a common phenomenon now days. There are many people who face this difficulty and look for ways to come out of that. There are various ways to overcome these...

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Mortgages After Bankruptcy: Here’s What You Need to Know

If you’ve recently filed for bankruptcy, you’re probably thinking you won’t be able to apply for a mortgage for years to come. However, this isn’t always the case. If you’re thinking about moving into...

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7 Steps to Rebuild your credit after bankruptcy

There is no magic spell to erase bad credit. It takes time to repair your credit, but if you follow these smart, common sense steps the road to good credit may just be a little easier to travel.

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Famous People Go Bankrupt Too

Going bankrupt is a horrible thing to happen to anyone. However, you shouldn’t think that it is something which only happens to a few people. The truth is that the number of bankrupts across the world...

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How I helped my handyman get into debt

I helped my handyman get in debt for a motorcycle that is worth 1 year of his salary. Was it wise?

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Top 5 Causes Of Personal Bankruptcy

During 2013, almost 120,000 Canadians filed for bankruptcy relief or filed a consumer proposal. While the number of personal bankruptcies fell by roughly 3%, the number of consumer proposals rose by...

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