From the category archives:

Bankruptcy

What Debts Cannot Be Cleared by Personal bankruptcy

May 31, 2011

It is standard for people to think that they will expect to be without any debt after emerging from bankruptcy.  As a matter of fact, they can anticipate to be free of unsecured debt, which covers most debt not backed by assets, such as credit cards or line of credit, medical bills, personal loans not [...]

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Finding An Experienced Bankrupty Attorney

May 17, 2010

The decision to file bankruptcy is a difficult choice for many people to make. Not only are you dealing with the stress and anxiety that naturally arise when you are facing insurmountable debt, but there is also the worry that bankruptcy will affect your credit for years after the debts are discharged. Therefore, the decision must be carefully made.

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Costs of Declaring Bankruptcy

May 5, 2010

Deciding to declare bankruptcy is one of the most important personal and financial decisions a person can make. Each year, more than one million Americans file for personal bankruptcy with a Grand Rapids Bankruptcy Lawyer. Under the current law, individuals or families with an annual income of more than $40,000 will be less likely allowed to file Chapter 7. Instead, you will need to file Chapter 13 to restructure and reduce debt.

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Eligible To File Chapter 7 Bankruptcy

April 29, 2010

A petitioner must reside in or have a domicile, a place of business, or property in the United States in rule to file a Sarasota Chapter 7 bankruptcy. The individual must not have been granted a discharge under Chapter 7 or Chapter 11 within the last eight years or finished a Chapter 13 strategy.

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