Bankruptcy is often thought of as something that only happens to people when they have been careless with money. While overspending and exceeding your means can contribute to bankruptcy, this is not always the case. In fact, the main causes of bankruptcy seem to be...
Month: January 2022
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Chapter 7 bankruptcy: Dischargeable vs. nondischargeable debts
When there is no other way out of your current financial situation, filing for bankruptcy may be your only option. When you decide to declare bankruptcy, you expect to be relieved of your debts and get your finances in order. While it may be the case, there are...
What is the difference between Chapter 7 and Chapter 13 bankruptcy?
Are you drowning in debts? If so, you are not alone. The pandemic left many Americans unemployed and without the means to pay off their debts. However, you can get rid of the financial and emotional pressure of being a debtor by filing for Chapter 7 or Chapter 13...
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