Will I lose my property in a Chapter 7 Bankruptcy?
In a chapter seven bankruptcy, there is a high probability that you will lose property. In this type of bankruptcy, assets that you own will be sold, or claimed by your creditors through liens, or similar claims. There is a list of items debtors may keep, [...]
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Keeping Your Property in a Chapter 7 Bankruptcy
Wednesday, January 27th, 2010Avoiding Common Bankruptcy Pitfalls
Wednesday, January 27th, 2010Bankruptcy is never an option or one that anybody turns to readily. Unfortunately, the prospect of turning towards bankruptcy for help is more common today than ever. For some, though, this option is scary. The desperate measures some people employ to delay filing often times make their situation worse. While the feelings of anxiety maybe [...]
Chapter 11 vs. Chapter 13 Bankruptcy
Wednesday, January 27th, 2010Differences Between Chapter 11 and Chapter 13 Bankruptcy
Chapter 13 and Chapter 11 bankruptcy have certain key similarities that can cause confusion for anyone who doesn’t specialize in bankruptcy.
Who Can File for Chapter 11 and Chapter 13 Bankruptcy?
Chapter 11 bankruptcy is available for businesses and individuals with a very large amount of debts and income. Filings are available for almost all [...]