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After your plan has been confirmed, you are finally ready to jump into your fresh start. At last, you don't have to worry about creditors calling at all hours, getting a foreclosure notice in the mail ...

Unsecured debt is largely associated with a loan that does not have an insured asset, and this is the reason of high interest rate being charged on it. Most of us have known it for a long time but rea ...

Bankruptcy is a horrible word, a horrible thought, a horrible experience. It's demeaning and embarrassing and humbling. One thing for sure though, it teaches you a hell of a life lesson. I've written ...

One of the easiest ways that firstly comes into the mind, when you are in the problem of debt is the bankruptcy. The bankruptcy is a legal process in which the debtor is unable to pay of its debt amou ...

Chapter 7 is a form of bankruptcy that allows debtors to have debts discharged through liquidation of non-exempt assets. In order to qualify for this debt-relief solution, petitioners must meet criter ...

Under a Chapter 7 Bankruptcy, every debt an individual owes is reviewed by a court. The more common form of bankruptcy; however, is a Chapter 13 bankruptcy. If foreclosure proceedings have been initia ...

The "do nothing" approach to debts rarely works, but this article highlights when it might work. It also points out the advantages of either working with creditors or filing for bankruptcy. ...

It often strikes me as anomalous that just at the time that you cannot afford to pay your debts, the English and Welsh Bankruptcy system charges you between 450 and 600 pounds in fees to present a ban ...

The debt relief consultants always recommend the debtors to avoid bankruptcy when looking for a way out of debt. Thus it has become a common question among the debtors why you should avoid bankruptcy. ...

If you are a high income earner facing bankruptcy, it is important to understand how the means test for bankruptcy dictates bankruptcy alternatives available to you (Chapter 7 vs Chapter 13) and what ...

When you claim bankruptcy, all of your assets can be used to pay back some of the debts owed to your creditors. These assets include your possessions, home, income and more. Once this has been done, y ...

The Chapter 7 bankruptcy process is the case filed by individuals or partnerships when filing for insolvent conditions. There are several steps to the entire procedure and this article gives a brief o ...

What you know about bankruptcy could be wrong. Read about a few common myths regarding bankruptcy, and the truths behind them. Filing Texas bankruptcy can save you plenty of money. Hch? Seniors facing ...

To avoid filing bankruptcy and to legally settle debts it is important that the debtor has a sound knowledge about his own financial position. Then only he can decide what his future steps should be. ...

Personal bankruptcy should not be considered a cure-all for your financial problems and you may not even get approved by the courts to be able to file. Make sure you are going it knowing you have thor ...