It is going to be a nightmare to face foreclosure. Now, if you really want to keep your home, you can avoid it by filing chapter 13 of bankruptcy. In order to validate bankruptcy, you need to file it prior to the foreclosure date. Because if it is filed after the date, your house will [...]
There are 5 types of bankruptcy, namely: chapter 7, chapter 9, chapter 11, chapter 12 and chapter 13. Every chapter has its own set of policies and procedures to follow. The most common types of bankruptcy are chapter 7 and chapter 13. Here are some basic information about every chapter of bankruptcy. Chapter 7 is [...]
If you have been thinking that the world’s about to end for you because of your debt that’s beyond your control, and you have no other options on how to overcome it, you might want to consider filing bankruptcy as your last resort. You might want to seek assistance before filing bankruptcy, so here’s a [...]
Effective October 17, 2005, new bankruptcy laws have been implemented 180 days after President Bush approved and signed into them. These changes are made and applicable on chapter 7 and chapter 13. Also, according to the new laws, everybody who wishes to file for bankruptcy should attend credit counseling education in a government-approved program within [...]
You might think that you are swamped with too much debt that there’s no way out for you. Then, you might want to claim bankruptcy since this can be your last resort to resolve money issues. Before you engage in this kind of activity, you need to be sure that there are no other alternatives [...]
