Bankruptcy

The umbrella of bankruptcy protects different types of debtors and their assets. Bankruptcy under Chapter 7 eliminates debt through a liquidation, or selling off, of assets. Court-appointed trustees take possession and distribute proceeds to creditors. Though...

As the holiday season approaches, you might be worried about being able to afford gifts and other holiday-related events after you have completed a Chapter 13 bankruptcy. While a Chapter 7 bankruptcy discharges your qualifying debts, a Chapter 13 bankruptcy allows you...