2 Requirements for Online Bankruptcy Filing and Rejection Factors

Bankruptcy Pre Discharge Course Thanks to the internet, filing for bankruptcy is not only easier but faster as well. You have the chance to obtain all the information you need, complete your documents and pass them to the proper agency right in your own home through online bankruptcy filing. Even with this accessibility and convenience, however, it’s important to note that not everyone can file for bankruptcy. You need to meet specific criteria set by the government in order to apply for a Chapter 7 or 13. That being said, the following are the different Read More …

How to Start A new: 7 Steps for Claiming Bankruptcy

Claiming bankruptcy can be both a blessing and a curse. This forces people to start over financially, meaning that they would have to start saving again, acquiring assets and working to be financially secure. At the same time however, it gives them the chance to unburden themselves of all the financial liabilities that followed them throughout their life. 1. Know the Extent of Bankruptcy Filing for bankruptcy has some heavy consequences that individuals should be aware of. Once a person goes through with the process, their non-exempt assets will be liquidated to pay off outstanding Read More …

5 Alternative Bankruptcy Options You Can Explore

Bankruptcy Pre Discharge Course There are many bankruptcy options that you should explore before you consider filing for bankruptcy. While bankruptcy can help protect some of your assets from creditors, it can also hurt your credit standing and prevent you from being able to borrow money at reasonable rates in the future. Your bankruptcy filing will appear on your credit report for the next ten years. Here are some alternatives you can pursue before you take the serious step of filing for bankruptcy. Negotiate a repayment plan with your creditors If you approach your creditors Read More …