Buying a Home After Bankruptcy

Years ago, when I filed bankruptcy, the thought that I might not be able to own my own home because of my past bankruptcy never even occurred to me. Now that I am older and a little bit wiser I understand what an impact bankruptcy has on your credit and overall purchase power. In my … Read more

How Does Chapter 7 Bankruptcy Work?

Chapter 7 is often referred to as ‘fresh start’ bankruptcy because outstanding debts are discharged through liquidation of non-exempt assets. This bankruptcy option is available to individuals and businesses that meet specific criteria set forth by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Filing Chapter 7 requires assistance from a qualified bankruptcy … Read more

Do it Yourself Bankruptcy

The state of the American economy has many families doing this different than ever before. People are working hard to cut costs wherever possible, and are slashing much of their discretionary spending in order to pay their creditors. Some are experiencing this stress due to job loss or reduction in pay, others due to a … Read more