Just the fact that you may be considering filing for bankruptcy means that you must be under financial pressure and strapped for money. So the thought may have occurred to you that in order to avoid paying fees to a bankruptcy lawyer, you may be able to file for bankruptcy by ... Views: 807
To most of us the thought of filing for bankruptcy sounds so devastating and final. To file for bankruptcy is considered as throwing in the towel, giving up or calling it quits. This is cannot be further from the truth. A chapter 7 bankruptcy, which is the most common filing for bankruptcy, can ... Views: 1372
The Chapter 13 Bankruptcy plan or sometimes referred to as the proposed plan, repayment plan or reorganization plan is the fundamental basis behind a Chapter 13 Bankruptcy. Unlike a chapter 7 bankruptcy, if you are filing bankruptcy under this chapter the intention is to be able to pay your ... Views: 944
There are many different types of Bankruptcy under Bankruptcy Law that are designed and structured to assist an individual or corporation that is financially burdened by debts in different ways. The most common types of bankruptcy are a Bankruptcy Chapter 7 and a Bankruptcy Chapter 13.
A ... Views: 921
Bankruptcy is meant to give you some relief from your debts and pave a way towards a better life. When a person declares bankruptcy he gets rid of all his debts. There have been many cases of bankruptcy that relate to different people and different circumstances. There are a number of chapters ... Views: 724
Finances dwindle throughout the life. It is likely that you face a situation in life where you have no money to pay back your loans. In such a situation, you can declare yourself bankrupt and file for bankruptcy. This was one instance. What if this situation arises again in your life? You would ... Views: 976