For individuals facing financial difficulties, Chapter 13 bankruptcy provides a viable solution to reorganize their debts and regain control of their financial future. However, timing plays a critical role in the success of a Chapter 13 bankruptcy case. This blog post...
When to Tell Creditors about Your Bankruptcy
Many of those considering filing bankruptcy often question if they should inform their creditors prior to filing. Like most answers about filing bankruptcy, the correct answer depends on each individual's financial circumstances. But, the following is a good rule of...
The Crucial Link Between Tax Returns and Bankruptcy Filing
Filing for bankruptcy can be a daunting and often distressing process for individuals facing overwhelming debt. Bankruptcy is a legal procedure designed to provide relief to those who find themselves unable to meet their financial obligations. However, what many may...
Child Support and Alimony in Bankruptcy: What You Need to Know
Are you burdened by financial hardship, and want to file for bankruptcy, yet wonder how doing so may affect your obligation to pay child support or alimony? This article will look at how bankruptcy affects child support and alimony payments, the differences between...
Is It Time to File Bankruptcy?
Should I file or should I wait? That’s a question many of those contemplating filing bankruptcy may ask themselves. They struggle with their finances and wonder if filing bankruptcy could be the needed answer to their financial issues. But, they are afraid to take the...
How Does Filing Bankruptcy Affect Your Tax Debt?
If you are dealing with financial hardship, filing for bankruptcy could help relieve your burden. You could resolve your debts and regain control of your financial situation. But, if you have tax debt is important to understand how that bankruptcy can have...
What Percentage of Debts Do You Pay Back in Chapter 13 Bankruptcy?
If you're considering filing for Chapter 13 bankruptcy, you may wonder how much of your debts you'll have to repay. In this article, we will look at the factors that determine the percentage of debts you will pay back, and what you need to know before pursuing this...
Filing for Bankruptcy When Unemployed
Are you facing financial difficulties because of unemployment? Has the burden of debt become overwhelming? If you're thinking about filing for bankruptcy, you may wonder how your unemployment status affects the process. In this article, we will look at common concerns...
3 Benefits of Filing Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the most commonly filed bankruptcy. It offers many benefits to debtors who want to get out from under the burden of debt. Below we explain 3 of the most important benefits of filing Chapter 7 bankruptcy. Stops Creditor Harassment As soon as you...
Benefit of Chapter 13 Co-Debtor Stay
Are you thinking about filing for bankruptcy but are worried about how it may affect the cosigner of one or more of your debts? Do you want to get financial relief, but not at the expense of someone you care about? While this is a legitimate concern, there can be a...
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