Category:
Bankruptcy

Dictionary definition of bankruptcy. Close up view, soft focus

What Are the Consequences of Bankruptcy?

By Bill Fay | May 9, 2018

Filing for bankruptcy can be a scary thought, in part because the fallout from filing is significant. However, if bankruptcy is necessary and is managed properly, it can offer short-term pain…

Chapter 7 Bankruptcy

Online Bankruptcy: Get a Free Evaluation and Online Filing Options

By Bill Fay | February 5, 2018

The question ‘can you file for bankruptcy online’ is a tricky one in 2022. Because the answer is: You can’t, unless you have a specific certification that typically only goes…

Chapter 7 Bankruptcy

What Is Chapter 7 Bankruptcy?

By Bill Fay | December 17, 2017

Choose Your Debt Amount Chapter 7 bankruptcy is a “second chance” to regain control of your finances by having most of your unsecured debt, including credit card debt, medical bills, and…

Should I File for Bankruptcy Questions

Should I File for Bankruptcy?

By Bill Fay | November 29, 2017

The time to file bankruptcy arrives when every other method of debt relief has failed, and you still can’t pay your bills. Nobody wants to file bankruptcy, but the unfortunate…

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy

By Bill Fay | September 19, 2017

What Is Chapter 13 Bankruptcy? Chapter 13 bankruptcy is designed to assist individuals whose debts are out of control but who make enough money to repay their debts in part,…

Lawyer with sign that asks if you need a lawyer

How to Find a Bankruptcy Attorney: Where to Look and How to Choose

By Bill Fay | September 7, 2017

How To Choose A Bankruptcy Lawyer So, you’re in deep financial trouble. Behind on mortgage, car and student loan payments. Already maxed out six credit cards and headed that way…

Gavel and money on a table

Cost of Bankruptcy

By Bill Fay | September 7, 2017

How Much Does Bankruptcy Cost? Filing for bankruptcy helps consumers and businesses get rid of their debts, repay their creditors and get a fresh start on their finances. But it costs money…

Man Filing Papers For Bankruptcy

Bankruptcy

By Bill Fay | May 22, 2017

Bankruptcy is a legal process that allows individuals or businesses who are unable to repay their debts to seek relief through court-supervised reorganization or liquidation of assets. It provides a…

Man Filing Papers For Bankruptcy

3 Reasons To File For Bankruptcy

By Bill Fay | June 22, 2015

There aren’t many words in the English language less understood and more avoided than bankruptcy. “There definitely is a stigma attached to it,” Jeff Badgley said. “When people hear it,…

Concrete wall with arrow pointing to left with words "U.S Bankruptcy Court" engraved on it

Bankruptcy Court

By Bill Fay | May 30, 2012

Bankruptcy laws go all the way back to the U.S. Constitution and have seen many changes over the years. Article 1, Section 8, Clause 4, of the Constitution authorizes Congress…