23 November 2009 ~ 0 Comments

Chapter 7 vs Chapter 13 bankruptcy

Bankruptcy can be a positive step in your finances, but it’s not always cut and dry. When considering personal bankruptcy, one must consider whether Chapte 7 or Chapter 13 is the best choice. Typically if you can file Chapter 7, you should, since it’s more consumer friendly. But if Chapter 7 is out of reach [...]

Continue Reading

19 November 2009 ~ 0 Comments

How Does Income Affect Your Bankruptcy Filing?

Income is one of the biggest factors in determining whether you can file for Chapter 7 or Chapter 13 bankruptcy. Chapter 7 will clear most or all of your debts if you don’t have a reasonable income to pay off your debts even under a payment plan. Chapter 13 will reorganize your debts into an [...]

Continue Reading