woman filing for bankruptcy

Can You Be Required to File for Bankruptcy?

Filing for bankruptcy is often a tough decision that one must make. But sometimes, the decision is not theirs to decide. Sometimes creditors can actually make someone who is in debt to them file for bankruptcy against their will. This is called an involuntary bankruptcy. So how can you protect yourself from creditors who wish…

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Bankruptcy: Weighing Your Options

Filing for bankruptcy is never a decision to be taken lightly. But while making the decision to do so can be very overwhelming and scary, it’s important to understand that in many cases the positives of doing so outweigh the negatives. If you find yourself drowning in debt, bankruptcy may be the right to decision…

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credit score

How Will Bankruptcy Affect Your Credit Score?

It’s always a really difficult decision whether or not to file for bankruptcy. This is because while it can really help alleviate your stress, there are downsides as well. Regardless of what type of bankruptcy you file for (i.e. Chapter 7 or Chapter 13), it will impact your credit score. The good news is that…

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debt discharge; bankruptcy

What Will Happen if Your Debt Discharge is Revoked?

When you file for bankruptcy, you may be able to receive additional time to pay back your creditors or have your unsecured debt fully discharged. While it’s great news to learn that your debt has been discharged, it doesn’t mean that the bankruptcy court can’t revoke its decision. If your debt discharge were revoked, it…

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bankruptcy

Will I Lose My Assets if I File for Bankruptcy?

The decision to file for bankruptcy is extremely difficult no matter the case. But when you are concerned about what will happen to your assets you may have a harder time making that decision. You may be wondering what will happen to your assets once you file for bankruptcy. However, it’s important to understand that…

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