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Bankruptcy Issues

The Meaning of Surrender in Terms of Bankruptcy

When you’re filing bankruptcy, the word “surrender” doesn’t actually mean surrender. Bankruptcy has a way of altering the meaning of words that we all think we know under normal circumstances and surrender just happens to be one of them. For instance, many bankruptcy petitioners surrender their car or their property. …

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Bankruptcy Issues

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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