Deciding to file for bankruptcy is a major financial decision that you should not make lightly. People sometimes put off filing for bankruptcy for many reasons, when bankruptcy could be the best option. Why people do not file You might worry that bankruptcy will...
The People’s Lawyer
Bankruptcy
What is a Chapter 7 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...
How to approach the holidays after your Chapter 13 bankruptcy
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...