Category Archives: Bankruptcy

man in suite on laptop and looking at scattered papers and calulator

Myths About Declaring Bankruptcy

Are you in financial trouble? Is your debt starting to become too much and making day-to-day life stressful and overwhelming? Then perhaps you should consider filing for bankruptcy. There are a lot of myths and falsehoods about bankruptcy that many people believe, but if you’re considering filing for bankruptcy, you should know that these myths are simply not true.  Read the rest of this entry >>

What Are the Types of Bankruptcy?

What Are the Types of Bankruptcy?

When people say they are filing for bankruptcy, it’s a given that they are financially in a rough place, but what are the types of bankruptcy and what does that mean? In this blog we’re going to look at the four types of bankruptcy, and what each of them means practically. Each type (Chapter 7, Chapter 11, Chapter 12, and Chapter 13) are named after the chapter they appear in in the United States Bankruptcy Code. Read the rest of this entry >>