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If you are facing foreclosure and plan on filing for chapter 7 bankruptcy, the order in which you do things can have consequences. Of course, depending on the timing, you may not have a choice of whether to file for bankruptcy prior to foreclosure. However, if you are early enough in...

The COVID-19 pandemic has had a huge impact on people's lives all over the world. In addition to the obvious health risks posed by the coronavirus, government-mandated lockdowns have left many people jobless. As a result, some people's financial situations have spun out of control, forcing them to consider filing for bankruptcy....

When you file for bankruptcy, your credit score will certainly be affected. However, many people exaggerate the effect that bankruptcy has on one’s credit score. If you are considering filing for bankruptcy, you should base your decision on accurate information—not myths perpetuated by uninformed individuals. In this article, we clear up some...

People often worry that they’ll lose all their property when they file for Chapter 7 bankruptcy. Contrary to popular belief, however, filing for bankruptcy doesn’t mean you have to give up all your assets. The bankruptcy laws specifically designate certain types of property as off-limits to creditors. These assets are collectively known...

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