Why You Should Use a Bankruptcy Lawyer

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A bankruptcy lawyer is not going to be an option. It is a necessity. If you are planning to file bankruptcy, you need a lawyer. There are basically two bankruptcy options, Chapter 7 and Chapter 13. The differences between the two are great, including using one where you are able to keep your possessions, mainly […]

Bankruptcy Terms Explained

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Property of the Estate
“Property of the estate” describes the assets that, in any particular bankruptcy proceeding, are to be used to satisfy pre-filing or pre-confirmation debts and the costs of the bankruptcy proceeding. But for the bankruptcy filing, these assets would have belonged to the debtor.
In chapter 7, property of the estate is defined […]

Chapter 13 Vs Chapter 7 Bankruptcy

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If you have had financial problems recently, you may be considering bankruptcy as a way to resolve the situation. In terms of personal bankruptcy there are two options open to you. These are chapter 7 and chapter 13 bankruptcy. This article will discuss the merits of each and contrast chapter 13 vs chapter 7 bankruptcy.
Chapter […]

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