mavii

Requirements for filing Chapter 7 and Chapter 13 bankruptcy include meeting income guidelines and seeking credit counseling.

Individuals can file either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Here is how the two types work and some alternatives to consider first.

Filing personal bankruptcy under Chapter 7 or Chapter 13 takes careful preparation and understanding of legal issues. Misunderstandings of the law or making mistakes in the process can affect your rights. Court employees and bankruptcy judges are prohibited by law from offering legal advice. The following is a list of ways your lawyer can help you with your case.

Answers to common bankruptcy questions are explained using examples that help you learn about the three types of bankruptcy available to erase debts in 2025.

When should you consider filing for bankruptcy? Filing for bankruptcy is a serious decision, but it can provide crucial relief if your financial situation has become unmanageable.

If you reach the last resort of filing bankruptcy, there are ways to avoid the fees and file for free. Chapter 7 bankruptcy is designed to discharge debt and give you a faster fresh start. You may have to sell some nonexempt assets to pay as much of the debt as you can, but filers keep their homes in 90% of all consumer bankruptcy cases.

About Bankruptcy Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity.

You can file for bankruptcy on your own, or you can find a bankruptcy lawyer, which most experts regard as the most prudent avenue. Bankruptcy costs include attorney fees and filing fees.

Learn about filing bankruptcy without a lawyer, how to file bankruptcy yourself, and the filing process for Chapter 7 and Chapter 13 cases.

Bankruptcy can be a kind of financial rebirth, but it's a long and complicated process. Here's a step-by-step guide for filing personal bankruptcy.

In most cases, you can’t file your Chapter 7 bankruptcy forms online unless you’ve hired a lawyer to represent you.

In that case, you can still file for bankruptcy without a lawyer, but it will be more difficult. That's because Chapter 13 cases are much more complicated than Chapter 7 bankruptcies and involve a payment plan.

Before you pay to file the necessary bankruptcy forms — and put a blemish on your credit report for up to 10 years — check to see if you have any viable alternatives like debt negotiation or non-profit credit counseling. Usually the folks who choose to file for bankruptcy exhaust these alternatives first.

If you're struggling to pay your bills and thinking about filing for bankruptcy, there are a few things you should know before taking that big step.

To qualify for Chapter 13 bankruptcy, your total debt must be less than $2,750,000. 1 How to File for Bankruptcy in 11 Steps If bankruptcy really is your last resort, then it’s time to get prepared for the legal and emotional battle ahead. Let’s break down each step of the bankruptcy process, so you have an idea of what to expect.

Should I file for Bankruptcy? Dealing with debt can be overwhelming. Bankruptcy is a legal process to help you get a fresh financial start. There are three main chapters of bankruptcy, each with its approach to dealing with your obligations: Don’t Take Bankruptcy Lightly While bankruptcy offers relief from debt, it’s a major decision with […]

Chapter 7 bankruptcy can erase your overwhelming debt, such as from credit cards. Here's what you need to know about Chapter 7 bankruptcy and how to file.

People often turn to bankruptcy due to factors like job loss, medical emergencies, divorce, or economic downturns. However, bankruptcy is not without consequences, and understanding the different types can help you make informed decisions. How Bankruptcies Work Bankruptcy proceedings are governed by federal law and typically follow these steps:

Attorney Intake Questionnaire: Hiring a Bankruptcy Attorney Get Legal Help With Bankruptcy or Debt Bankruptcy & Debt: Forms and Resources Planning To File Bankruptcy? Get Legal Advice From a Bankruptcy Law Lawyer Whether you're self-employed, unemployed, or anywhere in between, filing for bankruptcy is a complex process unique to your case.