Monthly Archives: November 2012

Median Income

When considering filing bankruptcy, many debtors begin researching on their own what their options might be.  To many, this means “google”-ing the word “bankruptcy” and seeing what results come up.  By researching options in this way, it is easy to … Continue reading

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Who Will Find out you are Filing for Bankruptcy?

When considering filing for bankruptcy, many people are concerned about the perceived stigma surrounding filing for bankruptcy, and are worried about people finding out that they have filed.  Although certain debtors may feel they are part of the small few … Continue reading

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Will a Co-Signer be Negatively Effected if I File for Bankruptcy?

For various reasons, many people find themselves in a situation where they need a family member or loved one to co-sign for them on a certain type of property.  Typically, debtors will have a co-signer on property like a car … Continue reading

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What do I need to do to File for Bankruptcy?

Individuals who are experiencing financial difficulties will hear about a variety of different options that they can decide to do to assist them with getting back on track financially. After weighing options, many people decide that bankruptcy sounds like a … Continue reading

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Will I be Effected by my Ex-Spouse Filing for Bankruptcy?

After going through a divorce, many people assume they will not have to worry about the financial situation of their ex-spouse.  Often, this is the case; however, there are certain instances when the financial situation of an ex-spouse can negatively … Continue reading

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Am I Required to have Filed Taxes to be able to File for Bankruptcy?

Many people often wonder if it is a requirement to have filed taxes to be able to file for bankruptcy.  The answer to that question depends on a couple of different things, including whether or not you are required to … Continue reading

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What are the Differences Between “Secured” and “Unsecured” Debts?

When considering filing for bankruptcy, debtors will often hear the terms “secured debts” and “unsecured debts”, however, many people are not sure what these terms mean.  Secured and unsecured debts are very different, especially when it comes to filing for … Continue reading

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What Chapter of Bankruptcy is Better for me? Chapter 7 or Chapter 13?

When considering bankruptcy, many people wonder what the best option for them will be: a chapter 7 bankruptcy or a chapter 13 bankruptcy.  The answer to this question largely depends on an individual’s specific circumstances.  When determining if a Chapter … Continue reading

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Will Filing for Bankruptcy Hurt or Help me?

There are many widespread misconceptions that filing for bankruptcy is one of the worst decisions an individual can make regarding their financial situation.  This, in large part, is due to places like the credit card industry and payday loan companies … Continue reading

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What Will Happen at my Meeting of Creditors?

One of the most common questions that is asked by bankruptcy clients is “will I have to go to court?”.  Typically, the answer to this question is “no”; however, you will have to go to a “meeting of creditors” or … Continue reading

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