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Blog Posts in Chapter 7 Bankruptcy

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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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  • Chapter 7 or 13 Bankruptcy? Which One is Right for Me?
    Chapter 7 or 13 Bankruptcy? Which One is Right for Me?

    You’re sitting at the kitchen table going over all of the bills you have to pay. As you look at the due dates and compare them to the balance in your checking account, they don’t add up. In fact, ...

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  • When Chapter 13 is Better Than a Chapter 7
    When Chapter 13 is Better Than a Chapter 7

    A lot of people believe that between a Chapter 7 and a Chapter 13 bankruptcy, Chapter 7 is better of the two. They feel this way because with Chapter 7, often a debtor can wipe out or erase all of ...

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  • Chapter 7 No-Asset Bankruptcies
    Chapter 7 No-Asset Bankruptcies

    Chapter 7 bankruptcy is commonly known as the “liquidation bankruptcy” because a bankruptcy trustee can sell (liquidate) some of a debtor’s property to pay creditors. This may occur when the debtor ...

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  • Should I Avoid Credit After Bankruptcy?
    Should I Avoid Credit After Bankruptcy?

    For a lot of debtors, the hardest part of filing for bankruptcy is arriving at the decision to do so. When the debtor realizes that it’s going to be too difficult, if not impossible to catch up with ...

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