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Blog Posts in Chapter 7 Bankruptcy

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  • Do I Give Up Anything if I File a Chapter 7?
    Do I Give Up Anything if I File a Chapter 7?

    If you’ve done any research about Chapter 7 bankruptcy , you may have read about how the bankruptcy trustee gathers the debtor’s non-exempt assets, liquidates them, and uses the proceeds to pay off ...

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  • Which Industries Were Hit the Hardest by COVID-19?
    Which Industries Were Hit the Hardest by COVID-19?

    In mid-March, President Donald Trump declared a national emergency due to the novel coronavirus pandemic (COVID-19). Because of the health risks involved, local, state, and federal governments have ...

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  • Secured vs. Unsecured Debt: What’s the Difference?
    Secured vs. Unsecured Debt: What’s the Difference?

    When it comes to debt, not all debt is the same. From the mortgage on your home, to the child support debt you owe your ex, to the money you own on your credit cards, to the loan you have on your ...

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  • Are You Living Paycheck to Paycheck?
    Are You Living Paycheck to Paycheck?

    “Do not spend a dime until I get paid on Friday, otherwise we’ll be overdrawn in the bank account!” Does that sound familiar? If so, you’re probably living paycheck to paycheck just like 78% of ...

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  • Will Chapter 7 Wipe Out All of My Debt?
    Will Chapter 7 Wipe Out All of My Debt?

    If you’re dealing with crushing debt and you feel you’re running out of options, you may be considering filing a Chapter 7 bankruptcy . While Chapter 7 bankruptcy can be an ideal option for many ...

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  • When Does Bankruptcy Make Sense for Seniors?
    When Does Bankruptcy Make Sense for Seniors?

    With the cost of living increases, inflation, and rising healthcare costs, it’s no wonder why some senior citizens file for bankruptcy relief. If you’re a senior citizen who is considering filing a ...

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