If you’re considering filing for bankruptcy, you’re probably filled with a lot of emotions. You might be nervous about life after bankruptcy, angry that you have to file, and unsure about the procedure that lies ahead. You’ve probably heard horror stories from people who had a negative experience with the process, but while bankruptcy can be difficult, it doesn’t have to be overwhelming. If you’ve deemed that bankruptcy is your best option, then you likely have a mountain of debt you’re trying to manage, and you might not know how to get the ball rolling. After deciding to file, the […]

Bankruptcy can provide much needed relief to people in the throes of financial turmoil, but it’s nothing that should be taken lightly. Whether someone files for Chapter 7 or Chapter 13 bankruptcy, they may have to endure several years of bad credit and all that comes with that. However, if you’re someone who is contemplating bankruptcy, it’s important to remember that it certainly will not ruin your future, especially if you work with a skilled bankruptcy attorney. In fact, it’s more likely that it will improve your future. The immediate and long term implications of filing for bankruptcy mostly deal […]

Deciding to file for bankruptcy is an extremely difficult decision. Those facing this situation frequently feel saddened, angry, embarrassed, and at times, guilty. None of these feelings are pleasant, and for some, these feelings happen all at once. Once the decision is made, yourbankruptcy lawyer will be largely responsible for implementing the bankruptcy, but you will need to gather some important information in order for the process to begin. One of the requirements of bankruptcy is that you must list all assets. While some might be tempted to hide an asset or two, it’s best to be painfully honest. While […]

When your debts have become too much for you to handle, and you find yourself drowning in payments that you can’t possibly keep up with, the best thing that you can do for your life is to declare bankruptcy and get a fresh start. However, many people who find themselves in this situation will find that there are actually two separate ways of declaring bankruptcy: Chapter 7 and Chapter 13. If you’re not a bankruptcy attorney, the differences can be a little confusing at first, but it’s important to understand them if you’re going to make clear decisions for your […]