Chapter 7 vs. Chapter 13 Bankruptcy

The vast majority of personal bankruptcy filers opt for either a Chapter 7 or a Chapter 13. If you are considering filing for bankruptcy, you will more than likely be filing a Chapter 7 or Chapter 13. Which bankruptcy is right for you? There is no “one-size-fits-all”...

How Will Bankruptcy Affect My Credit?

One of the main reasons why people hesitate to file Chapter 7 and Chapter 13 bankruptcy is because they are worried about how bankruptcy would affect their credit score. Although bankruptcy is a negative mark on your credit, how much bankruptcy will affect your FICO...

Can I Discharge Recent Credit Card Debt?

Now that the holidays have officially arrived, we can’t help but think about the additional pressures that the season places on struggling individuals and families. Sometimes people lose their jobs, even though Christmas is weeks away. Others may be living off their...

Can a Creditor Take My Social Security Benefits?

For millions of Americans, the retirement landscape is not what it was in their parents’ generation. Every day, older Americans are forced into early retirement, aged out of the workforce, or let go after being replaced by a twenty-something employee who will gladly...

Understanding How Bankruptcy Works

We don’t need to tell you that in the United States, Americans young and old rely heavily on auto loans, mortgages, and credit cards to pay for their vehicles, homes, and various types of personal belongings. The problem is that in these uncertain economic times,...
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