Chapter 7 vs. Chapter 13 Bankruptcy
Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer Chapter 7 and...
Tagged: bankruptcy
Buying A Home After Bankruptcy
After a recent bankruptcy, many people assume that purchasing a new home is impossible. No doubt a bankruptcy is extremely damaging to your credit history, and most lenders are not eager to loan you...
Bankruptcy – The Effects Of Bad Credit
There was a time when bankruptcy was probably the biggest stigma that could be attached to any person or business. Thankfully those days are long gone. Today, bankruptcies are fast, efficient and frequent court...
Chapter 7 Bankruptcy-A Quick Overview
There are six basic types of bankruptcy under the US Bankruptcy Code. Chapter 7 is a “liquidation” of nonexempt assets to pay debts. The court will an appoint the debtor a trustee. This trustee...