Category:
Bankruptcy

Dealer handing new car keys to the buyer who recently filed bankruptcy

Buying a Car After Bankruptcy

By Max Fay | August 11, 2021

After the unpleasantness of bankruptcy proceedings is finally over, a sobering question may arise: What if I need to buy a car? There’s good news: It’s possible, especially if the…

Filing cabinet with two bankruptcy folders

Can You File For Bankruptcy Twice?

By Pat McManamon | August 6, 2021

A person is fully entitled and permitted to file bankruptcy twice. The only rules on filing twice involve the time between filings, and that depends on several circumstances, among them…

Man filing bankruptcy without his spouse

Can I File for Bankruptcy Without My Spouse?

By Max Fay | August 5, 2021

Though there is room to debate the wisdom of filing for bankruptcy without your spouse, there is no law preventing a husband or wife from doing so. There are several…

Couple discussing how long chapter 7 will take on a calendar

How Long Does Chapter 7 Bankruptcy Take?

By Maureen Milliken | August 5, 2021

A Chapter 7 bankruptcy usually takes about four to six months from filing to final discharge, as long as the person who’s filing has all their ducks in a row.…

Man in suit choosing between chapter 7 and chapter 11 bankruptcy

Chapter 7 vs. Chapter 11 Bankruptcy

By Bill Fay | August 4, 2021

This is the story for anyone who thinks a bankruptcy is a bankruptcy is a bankruptcy. Not so. In fact, bankruptcies are like Nike sneakers: They come in a variety…

Couple putting a piggy bank back together symbolizing repairing finances after bankruptcy

What Happens After Filing for Bankruptcy?

By Maureen Milliken | July 30, 2021

Filing for bankruptcy isn’t always a decision made of utter desperation. Sometimes it’s a reasonable way to hit the reset button financially and it offers the immediate benefit of an…

Caution sign for Chapter 13 bankruptcy

What Makes Chapter 13 Bankruptcy a Bad Idea?

By Max Fay | July 20, 2021

Bankruptcy laws exist for those whose debt has become unmanageable. Whether it’s bad fortune (think medical bills or a lost job) or financial irresponsibility (think reckless spending with credit cards,…

Front door open with the key

Can You File for Bankruptcy and Keep Your House?

By Maureen Milliken | July 19, 2021

Filing for bankruptcy comes with many questions and fears, but one of the biggest for homeowners is “Will I lose my house if I file for bankruptcy?” In many cases,…

Bankruptcy with a discount tag

Low Cost Bankruptcy

By Max Fay | July 16, 2021

Bankruptcy is a scary word that gets even scarier when you realize it’s going to cost you money you don’t have, to get rid of the debts you do have.…

Man with no money trying to file bankruptcy

How to File Chapter 7 With No Money

By Max Fay | July 12, 2021

The oxymoron of bankruptcy is that a person deep in debt has to pay for the way to get out of debt. Government thinking, no? Yes, Chapter 7 bankruptcy can give you…