Bankruptcy Law Center

Frequently Asked Questions About Bankruptcy

The federal courts set up the process called bankruptcy to help consumers and businesses control, repay, and/or eliminate their debts.…

7 years ago

The Basics of Chapter 7 Bankruptcy

If you're considering filing for bankruptcy, you probably have more than a few questions. How do you know if bankruptcy…

8 years ago

Can Student Loans Be Discharged in Bankruptcy?

Student loans now outpace credit card debt. Americans hold over $1.3 trillion in student loans, and the average college graduate leaves…

8 years ago

Is Bankruptcy or Debt Consolidation Your Best Option?

Life is stressful when you have unmanageable debt, which may cause you to make a rash decision about taking out…

8 years ago

Actions to Take and to Avoid When Preparing to File for Bankruptcy

There are specific steps that you must undertake before filing for bankruptcy to protect your assets and produce a successful…

8 years ago

Should You File For Bankruptcy If You’re Unemployed

If you lose your job, and you're facing overwhelming debt, you might be tempted to file for bankruptcy. While filing…

9 years ago

Bankruptcy Law: Filing A Proof Of Claim

Generally speaking, to share in the distribution of the bankruptcy estate, a creditor must file a proof of claim. The…

9 years ago

Bankruptcy’s Effect On Collection And Repossession Activities

As soon as an entity has filed a bankruptcy petition, the consumer and the consumer's attorney are subject to the…

9 years ago

Timing the Bankruptcy Filing

Another factor to consider in deciding on a course of action is the timing of the petition. Even after the…

9 years ago

Bankruptcy Law: Should Spouses File Jointly?

In cases in which both a husband and wife are involved, a question presents itself: Should one or both spouses…

9 years ago