Tag Archives: chapter 7
3

What Is Chapter 7 Bankruptcy?

by bk711 on 10. Sep, 2010 in Chapter 7

Simply stated filing bankruptcy is a legal way to eliminate or reduce your bills. Bankruptcy is referred to in the Bible and was included in The United States Constitution. Our economy would break down if individuals and companies were unable to eliminate debt under appropriate conditions. The federal court system is exclusively used for bankruptcy [...]

Read full story • Comments { 0 }
teresag

NJ Reality Star Files Bankruptcy

by bk711 on 10. Jun, 2010 in Bankruptcy

Teresa Giudice has confirmed a recent report that her family is nearly $12 million in debt and filed for bankruptcy last fall. “The Real Housewives of New Jersey” star Teresa Giudice said she and husband Joe are looking at their bankruptcy filing as a “fresh start.” “While this is a personal matter, I realize that [...]

Read full story • Comments { 1 }

How to File for Bankruptcy

by Jeff Wellington on 19. Nov, 2009 in Bankruptcy, Chapter 13, Chapter 7

Bankruptcy is a drastic way to protect yourself against creditors. For some people, filing for bankruptcy is a hard pill to swallow when they consider themselves to be responsible and efficient individuals. You should remember though that bankruptcy is designed to give you a fresh start in life so don’t hesitate to take advantage of [...]

Read full story • Comments { 0 }

Bankruptcy vs. Foreclosure

by Jeff Wellington on 17. Nov, 2009 in Foreclosure and Loans

Some people are messed up between foreclosure and bankruptcy. For some, foreclosure is the preferred option because it will enable them to avoid the consequences associated with bankruptcy. However, some people prefer to take advantage of bankruptcy if it will enable them to keep their homes. Both foreclosure and bankruptcy have their own advantages and disadvantages [...]

Read full story • Comments { 0 }
Older Entries »