Month: September 2012
Unsecured debt is a loan that is not backed by an asset. Bankruptcy is the legal process of discharging your debts when you are unable to repay…
In 2010, more than 1.5 million people filed for personal bankruptcy. It may be the best option for people who are looking for a fresh financial…
Secured debt is any loan that you take out that is secured by some form of collateral. In contrast, unsecured debt is not backed by any form of…
Generally, if you complete the credit counseling requirements, submit all of the necessary paperwork, and can satisfy the means test, you will be…
Bankruptcy can be extremely useful in helping you get a fresh financial start, but it has long-lasting implications. Visit these resources to learn…
If you’re under financial stress, it’s important to remember you’re not alone. Every year, more than a million Americans file for bankruptcy in…
For many people, bankruptcy might sound like an ominous concept. In many cases, however, it is often the last recourse for a debtor who is unable to…
Pursuant to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), all individual debtors looking to file bankruptcy must…
When debt threatens to overwhelm you, you should be aware that there is a way out. If you are facing overwhelming debt, bankruptcy is a legal…