5 Resources That Make Filing For Bankruptcy Easier

5 Resources That Make Filing For Bankruptcy Easier

Whether you’re facing a Chapter 7 or a Chapter 13 bankruptcy case, understanding all of the required documents, processes and legalities involved takes plenty of know-how. Once you hire a lawyer to help you navigate the legalities, you may still have a difficult time making sense of the paperwork and hidden exceptions. From self-help books…

Will Filing for Chapter 13 Harm My Credit Score?

Will Filing for Chapter 13 Harm My Credit Score?

Chapter 13 bankruptcy, also known as reorganization bankruptcy, is filed by someone who wants to repay their debts over a specific period of time without liquidating their non-exempt property. In general, filing for bankruptcy will leave a mark on your credit score. Having good credit means that you’re more likely to secure loans with good…

11 Bankruptcy Exemptions for Filing in Nevada
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11 Bankruptcy Exemptions for Filing in Nevada

If you are considering filing for either Chapter 7 or Chapter 13 bankruptcy in Nevada, there are some exemptions specific to the state that you should be aware of. Although bankruptcy is largely governed by federal law, some exemptions and information are available on a state-by-state basis. You retain your property and assets when filing…

3 Reasons You Need A Lawyer To File For Chapter 13 Bankruptcy

3 Reasons You Need A Lawyer To File For Chapter 13 Bankruptcy

Whether you’re trying to tie up your debts or simply looking to get rid of your second mortgage, filing for Chapter 13 bankruptcy will have you pinching pennies. You might think it’s easier to forgo hiring a lawyer and save where you can, but you could be digging yourself into a deeper financial hole. Chapter…

6 Things You Must Prepare For When You File For Chapter 7 Bankruptcy

6 Things You Must Prepare For When You File For Chapter 7 Bankruptcy

Job losses, unexpected expenses, and significant life events like divorce create financial challenges and can cause you to fall behind on your bills. Consequently, you may spend your time dodging calls from collection agencies. Resolving these issues is challenging but possible. When faced with financial hardship, you can consider several options, such as debt consolidation…

Chapter 7 Bankruptcy Can Eliminate Medical Debt
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Chapter 7 Bankruptcy Can Eliminate Medical Debt

The cost of health care is on the rise, and the number of Americans lacking adequate medical insurance coverage is increasing along with it. In this climate, many people have alarmingly high medical debts and have turned to bankruptcy for relief. As long as you qualify, Chapter 7 bankruptcy can effectively eliminate these medical debts….

How Filing Chapter 7 Bankruptcy in Las Vegas Can Lead to a Fresh Start

How Filing Chapter 7 Bankruptcy in Las Vegas Can Lead to a Fresh Start

It might seem counter-intuitive at first, but filing for Chapter 7 bankruptcy can actually give you a fresh start. Although it’s tough to be in a position where you are forced to file for bankruptcy, doing so does not automatically mean years of bad credit or financial troubles. Fortunately, the process itself is relatively easy…

What Are The Differences Between Chapter 7 and Chapter 13 Bankruptcy?

What Are The Differences Between Chapter 7 and Chapter 13 Bankruptcy?

The most common types of bankruptcies filed in the U.S are Chapter 7 and Chapter 13 cases. Many people considering bankruptcy may not understand the fundamental differences between the two types or which type is the best fit for them. The decision often depends on your income, assets, debts, and financial goals. Here’s what you…