Tag Archives: Chapter 7 Bankruptcy
I Filed for Chapter 7 Bankruptcy. Will I lose my Assets?
If you are facing an insurmountable level of personal debt, you may be considering Chapter 7 bankruptcy. Chapter 7 bankruptcy can result in the loss of certain of your assets, but in the vast majority of cases, the filer’s exempt assets are mostly exempt and you can retain them. An experienced Bankruptcy lawyer will… Read More »
What Are Bankruptcy Exemptions?
When you decide to file for Chapter 7 or 13 bankruptcy, you may fear that you will have to surrender all your assets or be restricted to subsistence income. However, this is not the case. There are some assets that the government has no interest in taking, and there are some which will fall… Read More »
How Will My Bankruptcy Affect My Spouse?
Bankruptcy is a last resort for the overwhelming majority of people. If you are forced by circumstance to have to file, you almost certainly have a thousand questions about the future, and that load doubles if you are married. Many couples file for bankruptcy jointly, but this is not always the best choice, and… Read More »
Considering Bankruptcy During Tax Time
If you are like the numerous other Americans who file for bankruptcy protection every year, you may be concerned about the long-term implications of filing. Maybe you worry how you will be able to afford a bankruptcy lawyer, or how long it will take to rebuild after the initial financial crash. But one thing… Read More »
Top 5 Bankruptcy Myths Dispelled
Deciding to file for bankruptcy is a huge decision. It will impact your life for years and can cause a lot of stress. But if your head is spinning with questions about how to file and what will happen if you do, then take comfort. You are not alone. CNN Money estimates that 72… Read More »
