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Is Filing Chapter 7 The Right Choice For You?

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Figuring out how to file a bankruptcy petition means also identifying what sort of bankruptcy you’d prefer to go through. Under Chapter 7 bankruptcy law in the U.S., petitioners have the right to ask that their assets be liquidated to satisfy the demands of creditors. If you’re not sure whether this is a good choice for you, here are three things to consider before you file. Will You Be Financially Wiped Out? Read More»

Why Filing For Bankruptcy After A Divorce Could Cost You Your Home

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Filing for bankruptcy is not an easy decision. Most people do not come to this decision lightly, and many who choose it are already coming out of another messy situation – divorce. If you are divorced and realizing that you cannot financially make ends meet and your burden of debt is too much, you can consult with a bankruptcy attorney. Just be aware that if you are the one that received the house in the divorce, you may lose it entirely during a bankruptcy. Read More»

5 Signs You Should Talk To A Bankruptcy Attorney

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It’s no secret that when someone is completely broke without any way to pay their bills, filing for bankruptcy is often the only way out. However, determining when you’re really broke and otherwise helpless is not as easy as you might think. Many people wonder for years whether they’re at the point where they should file for bankruptcy. However, if you recognize these five signs in yourself and your finances, it’s time to talk to a bankruptcy lawyer. Read More»

Why You Should Choose Chapter 13 If You Want To Stop Foreclosure

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If you are struggling to pay your bills and are worried your mortgage lender is going to foreclose on your house, filing for Chapter 13 bankruptcy might be the best option you have if you want to stop this from occurring. Here are three things to understand about bankruptcy and how it affects a foreclosure. Chapter 7 Does Not Stop a Foreclosure Generally, when you file Chapter 7, you will be allowed to keep your house if the following two conditions exist: Read More»