If you have decided to file for bankruptcy, you may realize that Chapter 13 is the better option for you. Below are some of the advantages of choosing this type of filing over the others.By filing Chapter 13, you can protect your home from foreclosure, stopping the...
Blog
Month: July 2016
Be cautious when agreeing to settle credit card debt
Individuals who are drowning in credit card debt can get desperate. Usually by the time it gets this bad, you have long ago ceased payment on the principal and are simply struggling to remain current on the interest, meaning that you never seem to make a dent in your...
Were your debts discharged in your Chapter 7 bankruptcy?
Chapter 7 bankruptcy is a good way to wipe out a mountain of debt, but don't be fooled; it doesn't automatically erase all debts, and some are not legally eligible to be discharged in bankruptcy proceedings.Bankruptcy courts usually issue discharge orders two to three...
New Jersey pursues co-signers for dead students’ loans
It seems unfathomable. A New Jersey mother who was the parent of a murdered son received correspondence from the state's Higher Education Student Assistance Authority. While the letter began by offering her condolence on the loss of her son, it continued:"After...
Learn the facts about filing for Chapter 7
If you are facing down a mountain of debt, chances are good that you already are feeling trapped under the weight of your responsibilities. Bankruptcy might be starting to look like a viable option.Filing for bankruptcy is the "nuclear option" of indebtedness, but it...
