Sometimes it makes sense to file for Chapter 13 bankruptcy instead of Chapter 7 bankruptcy. Many debtors choose not to file for Chapter 13 bankruptcy because it requires repayment of… read more →
The basic steps involved in a typical Chapter 13 bankruptcy case. Chapter 13 bankruptcy, sometimes called reorganization bankruptcy, is quite different from Chapter 7 bankruptcy. In a Chapter 7 bankruptcy,… read more →
A means test calculator can determine whether you qualify for Chapter 7 bankruptcy — try one online. The “means test” is a formula designed to keep filers with higher incomes… read more →
The bankruptcy “means test” and other Chapter 7 eligibility rules. Filing for Chapter 7 bankruptcy can be a powerful tool for dealing with overwhelming debt. But it isn’t available to… read more →
Most taxes can’t be eliminated in bankruptcy, but some can. You may hear radio commercials offering the hope of eliminating tax debts in bankruptcy. But it’s not as simple as… read more →
After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors. When you file for bankruptcy, something called the automatic stay immediately stops any lawsuit filed… read more →
Bankruptcy is a powerful tool for debtors, but some kinds of debts can’t be wiped out in bankruptcy. Bankruptcy is good at wiping out credit card debt, but you may… read more →