Among the several different bankruptcy filings, Chapter 7 bankruptcy is the one where timing is imperative. Chapter 7 is a liquidation proceeding where the debtor’s non-exempt assets end up being sold by a Chapter 7 trustee. Whatever proceeds are made are...
In a sign that could further suggest the economy is indeed in better shape, the American Bankruptcy Institute recently reported that bankruptcy filings totaled 629,570 during January to September of this year. These numbers represent a decrease of just over ten...
Not too long ago we briefly touched on student loans and the Obama administration’s seemingly ongoing discussions to try and address the problems associated with students loan payments and bankruptcy. On Thursday, the U.S. Department of Education released a...
If you’re facing bankruptcy, you’ll want to try and focus on the challenges that are ahead of you and take existing measures to deal with those issues. Bankruptcy is not necessarily the correct or best solution for everyone nor will it necessarily help...
There are a lot of negative connotations associated with bankruptcy and because it’s a touchy subject, many who are facing bankruptcy don’t take the time to explore fully what it’s all about, what it means, and the aspects of it that are not true. To...
