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July 2018 Archives

Know some points that are important for Chapter 7 bankruptcy

Many people get into debt and then realize they are in over their head. When bankruptcy comes up, there is often a discussion about which chapter is that best one for the situation. For people who are considering filing a Chapter 7 or liquidation bankruptcy, there are some clues that might point to this being a less than desirable option for you to take.

Pointers for rebuilding your credit after you file for bankruptcy

Filing for bankruptcy is a difficult decision to make for most individuals. Not only do you have to think about what this means for your assets and finances now, you also have to consider how it might impact your future. Moving on after you file can be challenging.

Wage-earner's bankruptcy can help working individuals

Chapter 13 bankruptcy is one that can provide protection for people who are in deep debt but are unable to qualify for a Chapter 7 bankruptcy. There are many reasons why this might be the chosen option for people who need to do something to handle the overwhelming bills that they are facing.

Chapter 7 bankruptcy can provide a fresh financial start

When you are so deep in debt that there doesn't seem like a way out, you might feel hopeless. The good news here is that you do have options to consider. One of these is filing for bankruptcy. People who meet certain income and asset limits might be able to file for a Chapter 7 bankruptcy. This could provide the fresh financial start that helps them to regain control of their situation.