Tag Archives: types of bankruptcy

Can my income affect the type of bankruptcy I can file?

Yes, an experienced bankruptcy attorney will be able to review these figures with you to determine which type of bankruptcy you can file. Continue reading

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What is bankruptcy?

Bankruptcy is a legal proceeding in which a person who cannot pay his or her bills can get a fresh financial start. Continue reading

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What kinds of bankruptcy are there?

There are four types of bankruptcy cases provided under the law, Chapter 7, Chapter 11, Chapter 12 and Chapter 13. Continue reading

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What are the pros and cons of filing for bankruptcy?

The disadvantages to filing bankruptcy are much fewer than the advantages. Continue reading

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Could I still owe anything even after filing bankruptcy?

Many people think that once they file bankruptcy, all of their debts are erased. This is not true. There are some debts that cannot be eliminated in bankruptcy. Continue reading

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What is Chapter 13 Bankruptcy?

In a Chapter 13 (reorganization) case you file a “plan” showing how you will pay off some of your past-due and current debts over three to five years. Continue reading

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