Covid and Bankruptcy
As part of the social distancing protocol, several businesses and well-established organizations in states all across the globe were legally obligated to follow through with
What Happens To Your Credit Score
When considering filing bankruptcy, you will also want to think about what it does to your credit score. Bankruptcy will affect your credit score, but it won’t necessarily
Steps To File
Financial inventory First, you should gather all of your financial information. Be as detailed as possible about debts, income, assets, property, and monthly household living
Consequences Of Filing
Filing for bankruptcy often gives debtors the feeling of a fresh start. Chapter 7 (liquidation), wipes away your debt. Chapter 13 (the wage earners plan) gives you the ability to develop
How To Know If Filing Bankruptcy Is Your Best Option
When you are overwhelmed by medical or credit card debt, it is essential to consider bankruptcy as an option. Bankruptcy is considered a last-resort option, but there
Should I Have Credit Counseling Before Filing Bankruptcy?
In most cases, you must get credit counseling 180 days before filing for bankruptcy. You must also complete an educational course on debt management before you
