Tag: what is personal bankruptcy

What is bankruptcy?

What is bankruptcy

What is bankruptcy? Bankruptcy is a legal procedure in which people who cannot pay their bills can get a fresh financial start. The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. According to Tripp Finley, Esq.. Diamond McCarthy Law firm, bankruptcy can make it […]

Bankruptcy advice: find out all about bankruptcy!

Bankruptcy advice: find out all about bankruptcy!

Bankruptcy advice: find out all about bankruptcy! Perhaps reached the point in which have accumulated so much debt that you can’t see a way to pay everything off. You don’t know how to cope without some help and advice. Everything you can think of now is to find a way to get those creditors that […]

Life after bankruptcy

Alternatives to declare bankruptcy

Life after bankruptcy Bankruptcy is the last resort for any debtor wherein he / she legally declared inability to pay the debt. In the majority of cases of bankruptcy it starts by the debtor or the organization. However the creditors can also apply for bankruptcy in an effort to recover what is owed them. What […]

When is filing for bankruptcy not the answer

When is filing for bankruptcy not the answer

When is filing for bankruptcy not the answer If you feel that you’re hopelessly buried in debt and it has very few assets, filing for bankruptcy can not be the solution to put an end to their financial problems. In fact, it may get worse. If you are unemployed, welfare, they have little or no […]