Popular Bankruptcy Articles
Popular Bankruptcy Articles
-
Which Type of Bankruptcy Should You File?
Learn about the benefits and limitations of each bankruptcy. The chart illustrating the primary differences between Chapters 7 and 13 is designed to help you choose the right bankruptcy chapter for you.
-
Bankruptcy is a powerful tool for stopping debt collectors, foreclosure, eviction, and repossession, in addition to wiping out most debts.
Business Bankruptcy
Business Bankruptcy
-
Bankruptcy for Small Business Owners: An Overview
An introduction to the various options small business owners have to file for bankruptcy protection, and the pros and cons of each.
-
Chapter 11 Bankruptcy: An Overview
Both individuals and businesses can file for Chapter 11 bankruptcy. Learn more.
-
Chapter 7 Bankruptcy for a Small Business
Chapter 7 is rarely used to wind down a struggling small business's operations. Learn why it's more common for a small business owner to file for personal Chapter 7 after a business closure to get out from under business debt.
-
How to Prepare a Simple Profit and Loss Statement
You'll use a profit and loss statement to document business or self-employment income. Use the easy-to-follow instructions and sample P&L to create a profit and loss statement that fits your needs.
-
When Can I Buy a House After Bankruptcy?
Buying a house after your bankruptcy case will probably come easier and quicker than you think.
-
Life After Chapter 13 Bankruptcy
Learn how Chapter 13 bankruptcy will affect your credit, how long a Chapter 13 notation will remain on your credit report, and how you can rebuild credit afterward by opening charge cards and checking for credit mistakes.
-
Life After Chapter 7 Bankruptcy
Learn how to rebuild your credit after Chapter 7 bankruptcy.
-
Filing for bankruptcy can be a powerful option, but it can’t solve every financial problem. Learn about the benefits and limitations of Chapters 7 and 13, the two types of bankruptcy individuals often file.
-
Bankruptcy for Small Business Owners: An Overview
An introduction to the various options small business owners have to file for bankruptcy protection, and the pros and cons of each.
-
How to File for Chapter 7 Bankruptcy
Chapter 7 "discharges" or erases qualifying debt without you directly repaying creditors. Instead, the bankruptcy trustee sells unneeded luxury property and uses the funds to repay creditors. Learn more about the process.
-
Can I File for Bankruptcy If I Am Unemployed?
Unemployment is not a bar to filing for Chapter 7 or Chapter 13 bankruptcy, but there are some things you may want to consider.
-
The Chapter 13 Confirmation Hearing
Learn about the confirmation hearing in Chapter 13 bankruptcy cases, including when it will occur, how repayment plan objections are handled, and what will happen if your plan isn't confirmed.
-
How to File for Chapter 7 Bankruptcy
Chapter 7 "discharges" or erases qualifying debt without you directly repaying creditors. Instead, the bankruptcy trustee sells unneeded luxury property and uses the funds to repay creditors. Learn more about the process.
-
The Chapter 7 Bankruptcy Means Test
Not everyone can erase debts in Chapter 7 bankruptcy. Find out how to pass the means test and qualify for a Chapter 7 bankruptcy discharge.
-
Which Type of Bankruptcy Should You File?
Learn about the benefits and limitations of each bankruptcy. The chart illustrating the primary differences between Chapters 7 and 13 is designed to help you choose the right bankruptcy chapter for you.
-
How to File for Chapter 7 Bankruptcy
Chapter 7 "discharges" or erases qualifying debt without you directly repaying creditors. Instead, the bankruptcy trustee sells unneeded luxury property and uses the funds to repay creditors. Learn more about the process.
-
Steps in a Chapter 13 Bankruptcy Case
Learn about the Chapter 13 process, which begins with filing initial paperwork and continues until the completion of the three- to five-year repayment plan, at which point the court "discharges" or eliminates qualifying debt balances.
-
I just lost my job and need bankruptcy. Should I file now or wait?
In many situations, it makes sense to wait to file for bankruptcy if you've just lost your job.
-
Can I File for Chapter 7 Bankruptcy and Keep My Property?
Many people file for Chapter 7 bankruptcy protection and keep all of their property while getting rid of their debts.
-
Find out if your state allows you to use the federal bankruptcy exemptions in Chapters 7 and 13, and if so, the type and amount of property you can protect.
-
Bankruptcy Exemptions: Your Property in Bankruptcy
Learn how to protect property in Chapters 7 and 13 using state and federal bankruptcy exemptions, and what will happen if the bankruptcy trustee or a creditor objects to an exemption claim.
-
How to Protect Your Bank Accounts in Bankruptcy
Learn how to use state and federal bankruptcy exemptions to protect cash and bank balances in Chapters 7 and 13, as well as steps to avoid losing funds when bankruptcy exemptions aren't sufficient or available.
-
Which Type of Bankruptcy Should You File?
Learn about the benefits and limitations of each bankruptcy. The chart illustrating the primary differences between Chapters 7 and 13 is designed to help you choose the right bankruptcy chapter for you.
-
When to Stop Paying Credit Cards and File for Bankruptcy
If you can't afford your credit card payments, bankruptcy might be a good option.
-
How Much of My Wages Can Be Garnished?
Federal and state law limits the amount a judgment creditor or someone with a statutory garnishment right can require your employer to deduct from your paycheck to pay debts.
-
Priority vs. Nonpriority Debts in Bankruptcy
Find out why some debts, like recently incurred taxes and domestic support obligations, are categorized as "priority" debts that must be paid before most others when money is available for creditors in bankruptcy.
-
How to Stop Wage Garnishment Without Bankruptcy
In some situations, you can prevent a wage garnishment without bankruptcy. Learn how to negotiate with a judgment creditor to resolve the debt before the creditor begins the garnishment process and other effective strategies.
