Tag Archives: personal bankruptcy

Chapter 13 Bankruptcy and Foreclosure Are Made for Each Other

The foreclosure rate in the US is currently at a lull, but many experts are predicting it might be the calm before the storm. Coming up to 2010, the foreclosure rate in America was setting records every month until the … Continue reading

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Honesty Is of Utmost Importance in Personal Bankruptcy

Over the last 20 years, corruption has swept over the entire nation of the United States. In fact, people are surprised to hear stories of when someone does something honest like returning a purse. Politicians lie about everything to the … Continue reading

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Becoming Debt-Free Is Easier Than You Think

For someone that is buried under a large amount of debt and feels there is no way out, there is still hope out there. Nothing is worse than living with the stress of not knowing whether you will cover your … Continue reading

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The Power of Chapter 13 Bankruptcy Will Stop Foreclosure

When most people think of a bankruptcy filing, they think of Chapter 7. Rarely, does an individual that is considering filing bankruptcy know the ins and outs of Chapter 13 bankruptcy. A Chapter 7 bankruptcy is also known as liquidation … Continue reading

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Learn about Filing Bankruptcy before It’s Too Late

Lately, it hasn’t been easy to make a living here in the United States. According to the government , unemployment is still in the 9% range and doesn’t seem to be getting much better. Last year in 2011, the number … Continue reading

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Use the Bankruptcy Automatic Stay to Stop Foreclosure

Ever since the real estate market meltdown in 2008, many Americans have been facing foreclosure with no remedies. Prior to 2008, lenders were loaning money based on stated income for houses that individuals could not afford. It was no surprise … Continue reading

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Consult A Bankruptcy Attorney To See Which Chapter Of Bankruptcy To File

The chapter of bankruptcy that most people think of when they discuss filing bankruptcy is Chapter 7 and Chapter 13. Other bankruptcy filing options include Chapter 9, which allows for the reorganization of debt that is overseen by municipalities. There … Continue reading

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Can I Buy a House after Filing Personal Bankruptcy?

Creditors want debtors to believe that they will never be able to buy anything on credit after filing personal bankruptcy. While bankruptcy filing does ding your credit for up to 10 years, it doesn’t mean that credit isn’t going to … Continue reading

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Once Ireland’s Richest Man Sean Quinn Filing For Bankruptcy

Today, the former richest man in Ireland announced he was filing for bankruptcy in Belfast. It’s reported that Sean Quinn owed Anglo Irish Bank $3.85 billion and could no longer afford to pay them. Back in the 70s, Quinn started … Continue reading

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Student Loans And Personal Bankruptcy

With the economy in a continued downward spiral everyone is struggling to make ends meet. More and more people are facing the reality that filing bankruptcy is their solution. With credit cards, loans, unexpected illnesses, and even financial and job … Continue reading

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