Category: Bankruptcy Issues Archive
How Does Bankruptcy Affect Your Credit?
Bankruptcy is not an easy way out of debt or a quick fix for financial woes. Following a bankruptcy, you will be ineligible for loans, credit cards and many other types of credit. Some envision the aftermath as tough and possibly not worth it, but individuals experiencing financial trauma should ...
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The Demographics of Bankruptcy Filers
When trying to understand where the massive field of bankruptcy filers comes from and who they are it’s best to start with the most common causes of bankruptcy. Filing for bankruptcy isn’t anyone’s dream. It’s something that becomes necessary for certain reasons and/or situations. For instance: Outstanding medical conditions (injury, ...
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Studying Bankruptcy Statistics
While debt and overspending are major American problems that seem to be leading more and more towards bankruptcy, the revolving credit account isn’t the main cause of this particular legal solution. The main reason people turn to bankruptcy in today’s society is not reckless abandon with credit cards, but severe ...
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The 10 Most Important Questions to Ask at Your Initial Consultation
When filing for bankruptcy, petitioners have a lot on their minds. This is one the reasons that makes obtaining the best bankruptcy attorney absolutely necessary so you can be guided through the process as comfortably as possible. During your initial consultation with potential bankruptcy attorneys, ask the right questions so ...
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Common Problems When Filing for Bankruptcy
In the lives of individuals and families who find themselves buried in debt, getting a fresh start through bankruptcy is one of the most important events in their financial lives. Despite how important it is and regardless of how much time they spent considering their options, there are high numbers ...
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Getting Out of Debt with Bankruptcy
Are you struggling with debt? If so, this is the exact place for you to find some answers. When buried by overwhelming debt, it’s very important to understand that there are different methods of getting out of debt. The job of figuring out which method poses the most appropriate solution for your ...
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Bankruptcy and Your Home
One of the most important questions many have to ask themselves when they file bankruptcy is whether or not they should save their house. It’s safe to assume that most who are reading this are attached to their home – otherwise you wouldn’t be bothering with searching for this particular ...
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Can Declaring Bankruptcy Stop Foreclosure?
Many people are aware of the possibility of stopping a foreclosure by declaring bankruptcy, but of those…a high percentage delay acting because they assume it’s an urban myth. In some ways, it is a myth because the reality of bankruptcy is a lot different than may be expected when approaching as ...
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When is the Right Time to File for Bankruptcy?
When should you file for bankruptcy? Obviously the time to file is when it’s necessary due to financial crisis, but once you have decided that your situation warrants bankruptcy, when should you file? Is there a best time to start the proceedings? Depending upon the time you file, you could ...
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Only You Have to File for Bankruptcy, Right?
Do you ever feel like you are the only one that is being forced into filing bankruptcy? Do you wonder how everyone else somehow keeps it together, makes ends meet, has all they need and successfully navigates their finances? How is that you are the only person who has to ...
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