Archive for May, 2007

Taking it to Bankruptcy Court

Wednesday, May 30th, 2007

The number of cases that people are filing in bankruptcy court is at an all-time high. With the average amount of consumer debt in the typical American household growing everyday, there is no end in sight.People see bankruptcy as a new start for those who lost control of their finances ...

Taking it to Bankruptcy Court

Wednesday, May 30th, 2007

The number of cases that people are filing in bankruptcy court is at an all-time high. With the average amount of consumer debt in the typical American household growing everyday, there is no end in sight.People see bankruptcy as a new start for those who lost control of their finances ...

Non-Dischargeable Debts in Bankruptcy Filing

Tuesday, May 29th, 2007

Contrary to what many people believe, not all debts are dischargeable regardless of your bankruptcy filing options. For debts like student loans and mortgages, a debtor must enter into some type of repayment agreement rather than have these debts completely discharged.In many cases, the court will appoint a trustee to ...