Chapter 7 bankruptcy can be a fast and relatively straightforward way of overcoming substantial unsecured debt. Individuals with massive credit card debts or medical bills that they cannot pay may choose to file for Chapter 7 bankruptcy as a way of taking control of...
Chapter 7 bankruptcy is a very useful tool for those with overwhelming debt. Provided that people can qualify to file based on their income, bankruptcy can help them discharge their eligible unsecured debts. The day that they file, they can also temporarily halt...
Individuals with significant personal debt and average or below-average income given their household size may qualify for Chapter 7 bankruptcy. A Chapter 7 filing is one of the fastest and most effective forms of debt relief available. The same day that someone...
In today's uncertain economic climate, many individuals and businesses face financial challenges that can lead to overwhelming debt. When all other options have been exhausted, one option that individuals may consider is filing for Chapter 7 bankruptcy. Chapter 7...
Chapter 7 bankruptcy offers the fastest path to the discharge of someone's unsecured debts. A Chapter 7 filer will not be subject to a repayment plan requirement. A Chapter 7 bankruptcy filing can protect someone from a creditor lawsuit and other aggressive collection...
Chapter 7 bankruptcy is a relatively fast and aggressive way to handle unsecured debt. In successful cases, people can go from their initial filing to their discharge in a matter of months. However, before the courts will grant the discharge of someone's eligible...
Do you have debt that’s so heavy it’s affecting your peace of mind? You probably thought about filing for bankruptcy, specifically Chapter 7 bankruptcy. Chapter 7 bankruptcy deals with asset liquidation to tackle debts like medical bills and credit card balances....
Your business has so many debts that it has become insolvent. You cannot conceive of a plan that you believe would lead to a financial recovery. If the closure of the company seems inevitable, a Chapter 7 bankruptcy filing can be a good way to protect yourself as a...
It is safe to say that most individuals file for Chapter 7 bankruptcy (or Chapter 13) after exhausting all other debt relief options. You may feel better when taking these first steps, but you still have responsibilities. A trustee will be assigned to represent your...
Your vehicle is an important tool for daily life. It helps you get to work and allows you to provide support for your family members as well. It is also a valuable asset, and you may worry about the possibility of losing it if you file for personal bankruptcy. A...
