Category: Bankruptcy

Bankruptcy is a term dreaded by both businesses and individuals mainly because of its long-term impact on their credit worthiness. However, there are many situations when bankruptcy works the best to help individuals get rid

Whether you are filing for Chapter 13 bankruptcy or Chapter 7 bankruptcy, you are at liberty to file for bankruptcy as often as you deem fit. The bankruptcy code does not put a limit on

Nowadays, it’s all too easy to sink into debt, but it’s extremely difficult to get rid of it. You may be watching your debts pile up month after month while you don’t have enough money

Can Bankruptcy Preserve Home Ownership? Because of the COVID-19 pandemic, FHA mortgage delinquency rates recently hit an all-time high. Observers do not expect delinquency rates to decrease significantly until at least the spring of 2022.

Using Bankruptcy to Eliminate Student Loans Unless lawmakers take other action, the temporary coronavirus student loan forbearance program is set to end on September 30, 2021. At that point, student loan borrowers who have been

There is a chance that you are flooded with anxiety when contemplating filing for bankruptcy. Having challenges with debt can be a stressful period in one’s life. Creditors will be on your case and a

Filing for bankruptcy is often seen as a scary proposition. As an individual or a business owner, you might never have imagined things taking that route but life is never short of surprises. The focus

Bankruptcy is a financial condition that a person and organization can declare when they cannot repay their creditors or lenders. Not as simple as it sounds. If announced bankruptcy, it badly affects your credit score,