The Bankruptcy Process: Stage 3 – The Documentation

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In The Bankruptcy Process:  Stage 2 – The Determination, we discussed how to find a good lawyer and how he/she would make the determination as to whether you are eligible to even file. At this stage, nothing has gone to the court so it’s not even “official” that you’re in bankruptcy.   Since your first meeting [...]

Life After Bankruptcy

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Eliminating debt is on the forefront of everyone’s mind these days. There are dozens of different strategies and methods of debt elimination you can try, however only one strikes fear in the hearts of most consumers- bankruptcy. Known as the last resort, the final option, the “worst case scenario”, bankruptcy today is much different than [...]

The Differences Between Chapter 7 and Chapter 13 Bankruptcies

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For many individuals in debt, bankruptcy is the last resource to help get out from under all-too-heavy financial burdens. In the past, bankruptcy was considered to be somewhat of an easy out but today there are much tougher bankruptcy laws and these changes make it more difficult to go through the process of bankruptcy unless [...]

Can Bankruptcy Stop Foreclosure?

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With so many people struggling with debts and home foreclosures around the nation, many wonder what can be done to stop both the cycle and harassment debt brings as well as save their primary homes from being foreclosed upon. Homes are being foreclosed because homeowners are having more trouble making payments regularly due to job [...]

What Are The Types of Bankruptcy?

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For many, bankruptcy is the last option for eliminating overwhelming debt. Because bankruptcy leaves a long lasting (10 years) mark on credit histories and scores, it is only advisable to go into it knowing all of the details and the consequences. It is recommended that you speak to an attorney before going forward with a [...]