Advantages Of Filing Chapter 13 Bankruptcy

Bankruptcy is a lawful process where individuals and businesses may reduce as well as rearrange their loan. Before you are planning to submit an application for bankruptcy, you have to select which type of bankruptcy you have to sign up for your problem. There are many sections accessible under the bankruptcy code. Each and every chapter has its own set of rules and also codes. If you are caught under outstanding debts and fighting to keep the home and / or car, filling for chapter 13 bankruptcy can help you to save your home from Read More …

The 6 Types of Bankruptcy Chapters and What they Mean

Most people are only aware of the Chapter 7 and 13 Bankruptcy Chapters. According to the Bankruptcy Code of the United States however, there are six chapters in all, found at Title 11. By being aware of them all, you will be at a much better position to decide which chapter best applies to the situation. Chapter 7 Chapter 7 bankruptcy is the most basic type and the one commonly taken by many individuals. In a Chapter 7 filing, all the unsecured assets are sold off and the proceeds are used to pay off the Read More …

7 Easy Credit Repair Tips for Fixing Bad Credit

These easy credit repair tips can help you repair bad credit and restore your creditworthiness. It is very important to keep in mind that bad credit is not impossible to overcome.  As long as you are willing to face your credit problems squarely and are determined to resolve the problem, you can find a way out of your predicament. Always request for your free credit report This first tip is something that most people neglect; as a result, they are not aware of what negative information their credit report contains until they are denied credit Read More …