Blog

Chapter 7 bankruptcy can help those with overwhelming unsecured debt (there’s no collateral that the creditor could sell to pay the debt) get a fresh financial start. To qualify, you must pass a “means test” based on a state’s median yearly income. Earning more won’t necessarily disqualify you, but there will be additional information to […]

Your income is a significant factor in personal bankruptcy cases. If it’s too high, you won’t be able to use Chapter 7 (liquidation) to discharge your debts and obligations unless your living expenses are high too. The concepts are simple, but how this may work for you may not be. There is no “one size […]

There are several types of bankruptcy protections in the chapters of US bankruptcy law. They apply to different situations and parties. To get the most benefit from filing for bankruptcy, choose the one that best fits you, your family, or your business. Can the right bankruptcy help you get better control of your finances? The […]

This is one of the main issues that keeps people from considering bankruptcy. They worry that it automatically means losing their home, vehicle, and other assets they need to live. But don’t worry! Almost everyone who files for bankruptcy is allowed to keep their home, their car, and their personal possessions! Learn more about what […]

One topic that comes up again and again when discussing bankruptcy is the idea of student loan discharge. It is important to know that student loans will never be automatically discharged during bankruptcy. However, that doesn’t mean that you can’t discharge them at all.  It’s just complicated. In order to discharge student loans, you need […]