2021 - Understanding What Bankruptcy Really Means

Getting Ready To File For Chapter 7 Bankruptcy? 3 Things To Understand

21 April 2021
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Getting out of debt can be challenging, and sometimes that debt can be overwhelming, which is where Chapter 7 bankruptcy comes into play. With Chapter 7 bankruptcy, you are going to be able to get out of that debt. Before you file for bankruptcy, there are some things you need to do. 1. Find an Attorney First, you are going to want to find an attorney. Although you can indeed file for bankruptcy on your own, that is not the best path to take. Read More

What To Do If You Don’t Meet Bankruptcy Criteria

30 March 2021
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Within bankruptcy law, there are specific criteria for filing under the different chapters. However, if you fail to meet these criteria, you might still have several options for getting the court to accept your petition. This is how bankruptcy law services providers typically approach this problem. Means Testing Automatic qualification for Chapter 7 bankruptcy is possible if you earn less than your state's median income annually. It is also possible to qualify on this basis if you've had a recent income change that takes your prorated earnings below that threshold. Read More

Wiping The Slate Clean: A Closer Look At Discharging Your Debt Through Bankruptcy

10 March 2021
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Has your personal debt become so overwhelming that you feel there is no way you will ever be able to pay it off while still meeting your current financial obligations? If so, you should know that there may still be a light at the end of your financial tunnel which allows you to eliminate past debt and focus on establishing financial stability in the future. This is because, for many people, it is possible to wipe the slate clean and get the fresh start they need by discharging their debts as part of a Chapter 7 personal bankruptcy case. Read More

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Understanding What Bankruptcy Really Means

When you begin making strides towards a healthier, more financially sound future, there are a lot of things that you can do to simplify the process for yourself. While paying down debt and working towards a simpler lifestyle can make a big difference, sometimes a bankruptcy is required to make things better. Bankruptcy will essentially clear the slate for you and your family, making it possible to move forward without worrying about heavy bills hanging over your head. On this helpful website, check out great tips and tricks that could make it possible to prevent problems in the long run, so that you can make things better.