Understanding the Different Types of Bankruptcy
Do you know the difference between Chapter 7 and Chapter 13 bankruptcy? Here’s some very basic information on the different types of bankruptcy to help you out:
Category: Bankruptcy
Debt Counseling: The First Step Before Bankruptcy
Seek a Debt Counselor as an Alternative to Bankruptcy
When you are having severe money problems, you may think filing for bankruptcy is the best solution. However, this can negatively impact your credit score for many years.
Is Commercial Bankruptcy the Only Option?
Commercial bankruptcy – or Chapter 7 and Chapter 11, as it is often identified – is something that business owners or management personnel may consider if the business falls upon hard times.
How to Decide if Bankruptcy is the Best Financial Solution
Filing for bankruptcy? Get assistance from a bankruptcy lawyer.
Declaring bankruptcy is a major decision for any individual. While it does have an impact on your financial path, it is also an opportunity to start fresh. If you are considering bankruptcy as a means of resolving financial issues, then it can be helpful to get all of the information you can, before making the decision to file for bankruptcy. You should also contact a bankruptcy lawyer as soon as possible, as there are time limits and penalties that will impact your case.
