Understanding Debt Classifications in Bankruptcy

Bankruptcy proceedings are often intense and incredibly complex. For the uninitiated, the terms that attorneys and judges throw around often sound like a different language. Nevertheless, if you are interested in learning more about bankruptcy, it is important to...

Your Retirement Plan in Bankruptcy

Trying to overcome debt problems is a hard, emotionally draining process. For many, it seems like a hopeless spiral of missed payments, juggling credit cards, selling treasured possessions, harassing calls from creditors, and growing interest penalties. If you find...

You May Prefer Chapter 13 Bankruptcy Over Chapter 7

One of the greatest things we can learn in life is excellent money management skills. Even if you possess such savvy though, life circumstances may arise that cause extreme financial duress beyond your control. This could be due to unemployment and loss of health...

Why Some Debts Cannot Be Discharged in Chapter 7 or 13 Bankruptcy

If you have found yourself in serious financial distress, you may feel completely helpless-and very alone-at first. As the calls from debt collectors escalate, bills pile up, and your income is not sufficient to pay them, you may finally seek a final solution in...