Bankruptcy and Foreclosure
Bankruptcy FAQ
Thursday, June 12th, 2008Bankruptcy FAQ
What is bankruptcy? Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. Read more
Avoiding Bankruptcy to Save Your Home
Wednesday, June 11th, 2008Should You File Bankruptcy?
Filing for bankruptcy is a major decision that requires looking closely at your current financial situation as well as predicting your future finances. Read more
Filing Bankruptcy: Chapter 13 vs. Chapter 7
Tuesday, June 10th, 2008An individual who is deep in debt can file for bankruptcy under Chapter 7, also known as straight bankruptcy, or Chapter 13, also known as reorganization. Both options have their pros and cons when it comes to avoiding or stopping foreclosure. Be sure to talk with an attorney to discuss your options and find out what’s best for your situation. In the meantime, here’s information to offer some insight on the two options and help get you started. Read more