What is a chapter 7 bankruptcy case and how does it work? A chapter 7 bankruptcy case is a proceeding under federal law in which the debtor seeks relief under chapter 7 of the Bankruptcy Code. Chapter 7 is that part (or chapter) of the Bankruptcy Code that deals with liquidation. The Bankruptcy Code is […]
If you’re thinking about filing for bankruptcy, you may be wondering which chapter is right for you. There are two main chapters that individuals file: Chapter 7 and Chapter 13. Technically, there are other four other chapters for businesses, municipalities, farmers/fishermen, and international cases. If one of these applies to you, then you should consult […]
If you’re being harassed by a debt collector, then you may be wondering what you can do to get relief. Know that you have rights under the Fair Debt Collection Practices Act (FDCPA) and any violations of those rights could allow you to recover damages, attorney fees, and statutory damages up to $1,000. Here are […]
While there are actually 6 types of bankruptcy, most people that file for personal bankruptcy file for Chapter 7 or Chapter 13. If you are facing the possibility of bankruptcy, then you may be wondering what chapter you should file under. Here is an overview of each type: Chapter 7 Also known as liquidation bankruptcy […]
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