Posts Tagged ‘chapter 7’
WILL BANKRUPTCY AFFECT MY CREDIT?
Will bankruptcy affect my credit? This is one of the main concerns from those who are considering bankruptcy. Even though the main purpose of the bankruptcy is to relieve you from the financial hardship you have endured, bankruptcy can impact your credit history for many years. However, keep in mind that not resolving your debt…
Read MoreCAN I KEEP MY CAR IF I FILE FOR A CHAPTER 7?
Can I keep my car if I file for a chapter 7? This in the most common concern for people who file for a chapter 7 bankruptcy. A car loan is a secured debt, which means if you don’t pay it, the car can be repossessed by the lender. In Chapter 7 bankruptcy, when you fill…
Read MoreIS BANKRUPTCY THE RIGHT SOLUTION FOR YOU?
Is bankruptcy the right solution for you? Sometimes, we struggle with debt from many sources, and it can become difficult to manage your finances. There are several options available if you are facing this situation. Sometimes, you are able to consolidate your debt or call your creditors to work out a plan. There are alternatives…
Read More