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Bankruptcy : Business & Finance

Guide to Get Credit After Bankruptcy

Having been declared as bankrupt, you can still look forward to securing credit by having an exact status of your current credit score. For this, you can consult the three major credit bureaus of TransUnion, Experian, and Equifax.

Chapter 13 Bankruptcy: What Do I Need to Get Started?

Once a person or a married couple falls within a certain amount of debt, it may be very difficult to recover from it without filing for bankruptcy. Doing so will help you get started on ...

Bankruptcy Options in California

Many overburdened California residents who seek bankruptcy file Chapter 7 or Chapter 13, but some individuals opt to file Chapter 11 bankruptcy, according to the United States Bankruptcy Court Central District of California. Before filing any type of bankruptcy, you must do some...

What Are the Far Reaching Effects of Bankruptcy?

The effects of bankruptcy are long lasting.Bankrupt. Businessman with empty pockets (with clipping paths) . image by Vitaliy Pakhnyushchyy from Fotolia.comBankruptcy has far reaching effects that go well beyond the actual event. The effects of bankruptcy can last years, or even decades....

When Should Debt Consolidation Be Opted For?

Debt Consolidation Can HelpDebt consolidation can help your improve your financial situation. Certain types of debt consolidation such as home equity loans, car refinancing and personal loans can help you lower interest rates and save you money through lower monthly payments. Home equity...

Can I Sell or Transfer an Asset Before Filing for Divorce?

You might feel like you need to take assets before a divorce hearing to ensure you get an equitable amount of the communal property after the divorce, but this could be a violation of court orders. Instead, let a court handle the division of assets, and hire an attorney to represent your side of the

Information Individuals Need to Know Before Declaring Bankruptcy

If you are in the process of bankruptcy, it is important that you take time for self care. The process can cause depression, so be sure that you have a support system intact. In the middle of a financial crisis, take care of yourself.

What Can I Keep in a Bankruptcy?

You may have been informed that after you file for bankruptcy, you lose your property. That is true in some cases, but not all. In a Chapter 7 bankruptcy case, you have the possibility of losing some of your property, while in a Chapter 13 bankruptcy case, you have the possibility of keeping all of

How Does Bankruptcy Filing Affect My Divorce?

In the present economic climate, many individuals are considering personal bankruptcy as a way to manage overwhelming debt. With the pressure of financial troubles straining relationships, more couples are also getting divorced. Before filing for bankruptcy and divorce, though, spouses need to learn

Can I Keep My Car If I File Bankruptcy in Arizona?

Whether you can keep your car in an Arizona bankruptcy depends both on the value of your car and on how you want to handle your situation. In most cases, you can keep your car in an Arizona bankruptcy if you really want it. However, keeping your car may cost you more than you are willing or able to

Commonly Asked Questions About Bankruptcy

Bankruptcy is a state where a person or company may have limited or no means to pay obligations and debts to other people or institutions. There are two kinds of bankruptcy states and these are chapter 7 and chapter 13. There are a lot of questions that people like to ask but are afraid to do so.

Do Bill Collectors Have Rules to Follow?

If you've been suffering under debt, you've probably received quite a few phone calls from creditors. They call at all hours of the day and night and seem to have no limits. There is actually a set of rules that bill collectors are required to follow - and if they've been harassing yo

If I Am the Head of Household and Hold a Job Can My Wages Be Garnished?

If you have delinquent debts, such as default loans, credit cards or medical bills, the creditor or debt collector can take legal measures to recover the balance due. If you are employed and qualify for head of household filing status under federal or state law, your wages can be garnished under cer

Advantages of Debt Consolidation Over Bankruptcy

Bankruptcy is a financial state attained when one is unable to meet his financial obligations. It is a common phenomenon that actually sees about two million people being affected. This happens every year all over the world. Circumstances leading to insolvency differ from one individual to another a

How Bankruptcy Mailing Lists Benefit Niche Businesses

You may be under the impression that vendors would have no interest for people who are bankrupt. It is rather logical to think that people who have very limited money or even zero money for spending would not attract businesses offering non-essentials. Why then are there bankruptcy mailing lists?

Should You Stop Paying Debtors Before Filing for Bankruptcy?

Paying your debts prior to filing for bankruptcy can either help you or significantly damage the chances of having your appeal for relief approved. It is often better to stop paying your bills and allow the court to sort out your debts rather than risk the appearance of preferential treatment to cer