Help Filing Bankruptcy

If you have bankruptcy looming, you may be tempted to go it alone. Sure, you are in dire financial straits, and the thought of hiring a lawyer at this time seems foolish. However, if you do not file the paperwork correctly, you will end up having your bankruptcy denied. It is far less of a [...]

Help Filing Bankruptcy answers, "What is Chapter 7"?

Chapter 7 is usually referred to as a “liquidation” of assets or “straight bankruptcy”.
Chapter 7 is a court-supervised procedure in which the assets of the debtor is converted to cash (liquidated) and distributed by a trustee to the creditors.
Exemptions are made for certain types of property.  For [...]