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Many people are fearful of bankruptcy because they do not want to take a chance of losing their home, car or other property by filing bankruptcy. There are many stories that can be found about people who filed bankruptcy without […]

The information below contains some helpful tips on what to do if you are considering filing bankruptcy. The most important thing you can do is contact a lawyer for help before filing any bankruptcy. Know what property you can keep […]

For most people, bankruptcy is a last resort option when the financial situation worsens. However, with the Coronavirus causing widespread job losses, it may be the only option you have to save your home and car from being foreclosed or […]

As with any economic uncertainty, many businesses small and large are consuming resources to keep the business going. Many of these businesses may decide to look into the advantages of filing chapter 7 bankruptcy. But, which do you file, personal […]

A question that comes up a lot is, “Who else is going to know I filed bankruptcy” or “is my bankruptcy public record”? The technical answer to these questions is yes, it is public record. However, for the average person, […]

These three types of loans seem to come up a lot in bankruptcy. If you are finding the need for any of these loans, you may be on a collision course with the need to file bankruptcy. What are these […]

In bankruptcy, the general rule is that a person filing bankruptcy must disclose to the court all income from every source. Most income sources are counted towards a test to determine eligibility for the various chapters of bankruptcy called the […]

In short, the answer is yes. When a bankruptcy is filed, an Automatic Stay goes into effect. The Automatic Stay applies in both Chapter 7 and Chapter 13 bankruptcy. The Automatic Stay is put in place as a stop to […]