Reaffirmation Agreement for Bankruptcy

Chapter 7 Bankruptcy is sometimes called a “liquidation bankruptcy”. This is because it involves liquidation of all of the debtor’s non-exempt assets and the proceeds are then used to pay creditors. However, there are often assets that the debtor does not want to get...

Can You File Bankruptcy on a Judgment?

Debts come in many forms, and bankruptcy does not treat them all the same. Before filing before bankruptcy, you should be sure that the type of debt you have will be included in the process. Otherwise, you may still owe that debt even after bankruptcy is completed....

Debt Consolidation vs. Chapter 13

It is very easy to find yourself with more debt than you can realistically handle. When this happens, debt collectors begin calling you and liens may even be put on your property. At this point, you have to do something. Overwhelming debt is not something that can...

How Long Does Chapter 13 Bankruptcy Take?

When people are considering chapter 13 bankruptcy, they usually have a number of questions. One of the most common is “how long is this going to take?” People want to know when they will finally be able to put this debt behind them and begin rebuilding their financial...

Can You File Bankruptcy on Medical Bills?

It is a sad fact that medical issues often lead to large medical bills. These bills can be astronomical in size and impossible to pay in a timely manner. They often leave people feeling like they have no options and will always have this large debt hanging over their...

Will Filing Chapter 7 Affect My Spouse?

When you’re contemplating bankruptcy, it is important to consider the whole picture and how different people in your life will be impacted. For many in this situation, their spouse is the person they worry about most. Will my spouse have to file for bankruptcy as...

FHA Loan After Bankruptcy

After bankruptcy, most people want to begin rebuilding their life as soon as possible. This often involves the purchase of a home to live in. For low to moderate income families, an FHA loan can make this purchase much more realistic. But, can you receive an FHA loan...

What Apartments Accept Bankruptcies?

Bankruptcy often means big life changes, including your living situation. You may need to downsize your home or apartment to match your new financial situation. Unfortunately, this is often easier said than done. Most landlords will take a look at a potential tenant’s...

What Is a Civil Judgement?

Civil lawsuits are used in a civil court to resolve a dispute regarding a private matter, typically seeking compensation for damages or a court order to rectify a situation, rather than criminal punishment. A civil judgement (or “judgment” in American courts) is the...

Late Payments on Chapter 13 Bankruptcy: Now What?

Chapter 13 bankruptcy is a reorganization of debts, allowing you to repay all or some of your debts over time through a repayment plan. It is often considered preferable to the alternative, chapter 7 bankruptcy, as it allows you to keep all of your assets and avoid...