Content Related To 'Consumer Bankruptcy'
Chapter 7 bankruptcy is the most common form of bankruptcy and is used by individuals and businesses to get out of debt. Once you file for Chapter 7, a trustee will be appointed to take over your assets and determine what property is exempt and non-exempt. Exempt property, such as your home and one car, […]
Lea en español The Different Types of Personal Bankruptcy If you want to use the federal bankruptcy laws to address personal financial challenges, you must generally file a petition under Chapter 7 or under Chapter 13. Regardless of the type of filing, you will immediately be entitled to what the bankruptcy law calls the “automatic […]
Bankruptcy Law Websites Bankruptcy: An Overview – Links to U.S. statutes and regulations, as well as relevant business statutes for each state. HG: Bankruptcy – Dozens of bankruptcy law links from Hieros Gamos, including international links, associations, and articles. Internet Bankruptcy Library – Award-winning site linking to news articles, books, and forums. Also links to […]
Lea en español What is bankruptcy? Bankruptcy is a legal action for debtors to deal with insolvency. Most debtors are given relief even if there is not a complete discharge of debts. There are various types of bankruptcy, and debtors are eligible for certain forms of bankruptcy based on their financial situation, their type of business […]
Lea en español It can happen to just about anyone. An unexpected event—the loss of your job, an injury or illness, or a divorce—can suddenly make it impossible for you to meet your financial obligations. The American bankruptcy laws were enacted to give people the opportunity for a fresh start—to put behind them the stress […]