bankruptcy

If you’re going through bankruptcy, you may encounter a number of legal terms that may be unfamiliar. Understanding these common terms will help you more easily navigate the bankruptcy process and ensure that you make the right decisions. Here are some of the most common terms you may encounter in your bankruptcy case. Administer: To […]

Both businesses and individuals may file for bankruptcy when they are unable to repay their debts. Chapter 7 bankruptcies may require you to sell assets in order to pay your debts, while Chapter 13 bankruptcies may allow you repay according to a structured repayment program. Either way, a bankruptcy attorney can help you navigate this […]

When you file for bankruptcy, your creditors are entitled to try to collect what you owe from your bankruptcy estate. These creditors can either be “secured” or “unsecured.” In a personal bankruptcy, a secured creditor is typically a bank or other entity that has loaned money for a piece of real or personal property. The […]

For many individuals who are considering bankruptcy or are in the midst of the bankruptcy process, a tax refund can provide much-needed financial relief. Even if a tax refund does not solve all of your financial problems (and it most likely will not), getting money back from the government may be enough to get you […]

For most people, their car is one of their most expensive assets, and also one of the most important. Having a car allows you to get to work, and gives you the personal freedom to do everything from run errands to take trips on the weekends. Of course, owning a car comes with certain financial […]

If you have previously filed for bankruptcy, either personally or in your business, it is important to understand the limitations that can apply to second and subsequent bankruptcy filings. While you can technically file for bankruptcy at any time – regardless of your past filing history – the U.S. Bankruptcy Code imposes restrictions on the […]