Chapter 7

Avoid this pre-bankruptcy mistake during the holidays

One of the rules about filing for bankruptcy is that you can’t purposefully try to cheat a creditor out of their goods or services and then turn around and discharge those debts via bankruptcy. Most of the time, that’s not a problem. The majority of people are deeply...

Older Americans filing for bankruptcy more often

Over the past two decades, bankruptcy rates have surged, particularly for older Americans. They’re now declaring bankruptcy at a higher rate than they did before, and that has many implications when it comes to retirement planning, estate planning and the other...

Know how an automatic stay can benefit you

Filing for bankruptcy puts all your creditors on an even level because you don’t get to pick and choose who you’re going to pay what to or when. Instead, the payments go to creditors based on the specific order the law sets forth. In order to ensure there isn’t any...

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