Bankruptcy

When you file for Chapter 7 personal bankruptcy, you must list all of your assets and debts. This is so that the court can then decide which assets to liquidate in order to pay off the largest amount of debt possible. Unfortunately, you have no control over the...

When most consumers hear a reference to bankruptcy, they think about a plan in which their debts are almost immediately eliminated and in which they may have to lose their homes or other assets. These are some of the elements of a Chapter 7 bankruptcy, although not...

Bankruptcy can be a useful tool for those who feel as though they are drowning in debt. Some fear bankruptcy because it does hurt your credit score and the bankruptcy remains on your report for years. However, you can rebuild your credit after a bankruptcy. NerdWallet...

When Kentucky residents fall into debt, it takes a while to get back out. Individuals with a past history of debt often feel anxiety over it happening again. Today we will take a look at some of the tips and tricks that help people avoid this. Mint.com looks into...

Many people might think that filing for bankruptcy is the worst thing they can do for their finances. However, some of the information people think they know about bankruptcy does not match the facts. When people are in a dire financial situation, it is important for...

Filing for bankruptcy is a step toward a fresh financial start. If you are considering Chapter 7 bankruptcy as the best fit for you, it can be helpful to know what kinds of debt this type of bankruptcy may cover. Below are three common types of debt that creditors can...

Filing for bankruptcy can be confusing and overwhelming. You might be experiencing pressure from your creditors, fear for your family’s well-being and hopelessness as your debt continues to worsen. To add to all the stress, you may not know what is best for you and...