Archive for November, 2009

Declaring Yourself Bankrupt – Facts About Filing Bankruptcy Through Chapter 7

Wednesday, November 18th, 2009

Increasing numbers of Americans are plagued by debt, either by poor discipline in their own spending or by situations beyond their control, such as a medical emergency which left them with unmanageable fees. But so many people, despite having little else by way of an options, are reluctant when it ...

When Bankruptcy is a Legitimate Option

Tuesday, November 17th, 2009

The state of the economy is making this situation all too common; your credit cards are maxed out, instead of paying bills on their due dates you're paying them 30 days past due. You're using caller ID to screen calls to avoid bill collectors. A creditor files a garnishment against ...

Lots of Debt and Nowhere to Go? File Bankruptcy!

Monday, November 16th, 2009

In order to rid yourself of debts there is a legal option available to either discharge or consolidate and lower your debt. This legal option is called bankruptcy. Although the word bankruptcy may bring a negative connotation or thought to mind, rest assured, it is not as bad as you ...