Bankruptcy may be one of the last things on your mind if everything is going well in your life. You may feel financially stable, have a good-paying job, and not have too much personal debt. That being said, to no fault of your own, you may experience a life event...
Month: June 2021
How to know if you need to file bankruptcy
It's one thing to be burdened by a single bill. You may be able to negotiate a reduced settlement with your creditor to alleviate yourself of that pesky bill. Debtors with multiple delinquent accounts don't often have the luxury of negotiating balances. It's unlikely...
Could you have a no-asset bankruptcy?
When people are considering Chapter 7 bankruptcy, one of their primary concerns is that they will have to give up things that they need and things that are very important to them. The bankruptcy court will divide their assets into exempt and non-exempt. Those assets...
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