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Why Would You Pursue A Chapter 13 Bankruptcy?

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Chapter 13 bankruptcy is a process that's designed to help debtors buy more time to get control of their situation. It's distinguished from Chapter 7, the next most common form of bankruptcy, by the fact that the goal is to restructure your debts in order to keep paying. If you're in a financial pickle that you just need some time to bounce back from, Chapter 13 is a choice you'll definitely want to learn more about.

24 April 2019

Three Things To Know About Your Credit Score When You Declare Bankruptcy

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If you're in a financial situation that has made you consider whether you should declare bankruptcy, one thing that may be holding you up is a concern over the harm that bankruptcy will do to your credit score. It's important to accept that you probably don't know the full picture about what bankruptcy will do to your credit rating — but it's easy to find someone who does. Scheduling a meeting with a local bankruptcy attorney allows you to ask any questions that you may have about your credit score in relation to declaring bankruptcy, as well as go over any other bankruptcy-related topics.

22 March 2019

Is Now the Time? How to Recognize That Bankruptcy Is Inevitable

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Financial problems are nothing new for many consumers. It has become far more acceptable for people to live beyond their means, and the credit card offers seem to never stop. Feeling overwhelmed by financial chaos might cause many to consider a bankruptcy filing, but most people understand the serious consequences of that action. A bankruptcy filing should be undertaken only after a realistic assessment of your financial situation. Read on to learn more.

28 December 2018

Chapter 7 Bankruptcy: When Is The Best Time To File?

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If your financial situation has slowly become unbearable, you might be considering a chapter 7 bankruptcy filing. The decision to file is not an easy one to make but the results can be dramatic and life-changing. Some people spend far too long thinking about bankruptcy. This can lead to even more financial problems and a slower recovery. Read on to find out how important it is to file for chapter 7 bankruptcy protection as soon as possible.

9 December 2018

The Basics Of A Chapter 7 Bankruptcy Filing

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Being in debt can be stressful. Not only are you worried about paying your bills on time, but you must deal with the constant hounding of creditors and debt collectors. Chapter 7 bankruptcy could be a good way to give yourself a fresh financial start. In order to understand how a Chapter 7 bankruptcy filing service can benefit you, it's essential that you understand the basic premises of this type of legal action.

21 October 2018

Ways Bankruptcy Can Help And The Limitations It Has

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Getting into financial trouble is not hard to do but getting out of it can be. If you no longer can manage to pay your bills and have creditors calling you nonstop, you should look into your options. One of the options you have is bankruptcy, and here are three things you should know about this before you decide to file. What Bankruptcy Helps With While there are two main branches of bankruptcy you can use, both offer debt relief in certain ways.

29 August 2018

Is Now the Time? Know When to File for Bankruptcy

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Money troubles can sneak up on you if you aren't careful but when those troubles turn into fears of losing property and court judgments then you know that things are getting serious. If you fail to take action in time and declare a chapter 7 bankruptcy, you might be making matters even worse. Read on to learn how to know when it's time to file for bankruptcy. Your Basic Needs Are Going Unmet

20 July 2018

Related Bankruptcy Issues: Your Property And The Trustee's Pay

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If you are declaring chapter 7 bankruptcy, you may already know that you have the potential to lose property if certain conditions are met. What you may not know, however, is the way your property is connected to the pay the administrator of your bankruptcy case earns. Read on to learn more about this seemingly alarming issue, and how it may not be an issue at all for you. The Trustee

23 April 2018

Home Sweet Home: How Bankruptcy Can Help You Keep Your House

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If you are behind on your mortgage payments, it may feel as if you will never bring your loan up-to-date. Your loan may even be in foreclosure; once this happens, you are at a high risk of losing your home. However, if you want to save your home, one option that you should explore is filing for bankruptcy. Bankruptcy has a number of advantages that can help you keep your home.

27 February 2018

What You Need To Do After Filing For Bankruptcy

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Considering a bankruptcy to clear your financial problems can be a positive and negative experience. The ultimate goal is to help you begin your finances again with a clean slate. However, there are some lasting disadvantages that will have an impact on your credit for several years. If you decide to move forward with bankruptcy, it is important that you do not become complacent. Your credit will improve, but you still must keep an eye on your credit report along the way.

16 January 2018